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Hong Kong

Hong Kong and Shanghai strengthen cooperation on digital trade...

The Hong Kong Monetary Authority (HKMA) has signed a memorandum of understanding with the Shanghai Data Bureau and the National Technology Innovation Centre for Blockchain to enhance collaboration in digital trade finance. The agreement focuses on advancing digitised cargo trade...

#trade finance

WFY’25: Factoring as a cornerstone of Hong Kong’s trade-driven...

Nikhil Dhar, Head of Structured Trade, Global Trade Solutions at HSBC, shares insights on the Hong Kong factoring market in the regional…

#factoring


OCBC and GS1 launch digital trade finance in Hong...

OCBC Bank (Hong Kong) has partnered with GS1 Hong Kong (GS1 HK) to launch a new digital trade finance service…

#embedded financing#GS1 Hong Kong#OCBC Hong Kong


Tradewind inks US$3.5m factoring facility for Hong Kong subsidiary...

International trade finance company Tradewind Finance (Tradewind) has announced a US$3.5m factoring facility for a Hong Kong subsidiary of a…

#factoring#MODINT Credit & Finance#Seidensticker


Allianz Trade appoints new CEO for Hong Kong Hub

Allianz Trade has announced the appointment of Hassan Omaish as Chief Executive Officer for the Hong Kong Hub, which covers…

#Allianz Trade#Hassan Omaish


Yue Da International enters reverse factoring agreement with Yile...

Yue Da International Holdings Limited (Yue Da International), through its wholly owned subsidiary Yueda Commercial Factoring, has announced a new…

#Yile Trading#Yue Da International#Yue Da International Holdings


HKMA to launch CNY 100bn trade finance facility

The Hong Kong Monetary Authority (HKMA) has announced plans to introduce a CNY 100bn (US$13.7bn) funding facility at the end…

#HKMA#supply chain#swift


Vesync expands HSBC receivables facility to US$90m

Vesync Co., Ltd., a leading home appliance retailer headquartered in Hong Kong, has amended its Receivables Discounting Agreement with HSBC.…

#HSBC#invoice discounting#invoice finance


HKMA and banks launch five new measures to support...

The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced multiple measures to further support, through financing as…

#HKMA#sme finance#SME lending


HKMA announces enhancements to SME financing guarantee scheme

The Hong Kong Monetary Authority (HKMA) has revealed significant enhancements to the small and medium enterprises (SME) financing guarantee scheme.…

#HKMA#HKSAR#loan guarantee period


HKMA and HKAB launch taskforce to enhance SME lending

In a strategic move aimed at improving access to financing for small and medium-sized enterprises (SMEs), the Hong Kong Monetary…

#HKAB#HKMA#sme finance


ECIC provides trade loans insurance to FundPark

Hong Kong Export Credit Insurance Corp (ECIC) has launched a new insurance cover for trade loans provided by FundPark, a…

#Amazon#exporters#platforms

Aspire secures Money Service Operator License in Hong Kong

Aspire, a leading all-in-one finance platform headquartered in Singapore, has announced the successful acquisition of a Money Service Operator (MSO)…

#business finance#financial services#international

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