BOC Hong Kong (02388.HK): The number of college student customers aged 18 to 25 increased by more than 20% year-on-year.

Wen Xiwen, Deputy General Manager of the Personal Financial and Wealth Management Department at Bank of China (Hong Kong) (02388.HK), stated that the bank's 'TrendyToo Wealth Management' initiative continues to collaborate with various university associations to organize financial literacy workshops on campuses, bringing financial management and anti-fraud knowledge directly to students. The program also enhances partnerships with youth-oriented brands to offer engaging and relatable wealth management experiences, encouraging young people to take their first steps in financial planning with ease. As of the end of March this year, the number of college student customers aged 18 to 25 at the bank increased by over 20% year-on-year, while the total value of investment assets rose by 50% year-on-year, with stocks and funds showing the most significant growth. The bank hopes to achieve this through

AASTOCKSMay 18 17:26

The Hong Kong Private Wealth Management Association announced the list of the new executive committee.

On May 15, the Hong Kong Private Wealth Management Association (PWMA) announced that 12 members were elected to serve on the Executive Committee, with their term commencing on May 15, 2026, for a period of two years.

Zhitong FinanceMay 18 15:50

Yuk Wing Sells Entire BOC Hong Kong Stake for HK$6.7 Million Gain

TipRanksMay 15 21:08

The HKMA and the IA join hands to promote cross-sector background check arrangements.

The Hong Kong Monetary Authority (HKMA), in collaboration with the Insurance Authority, the Hong Kong Association of Banks, the Hong Kong Federation of Insurers, the Hong Kong Confederation of Insurance Brokers, and the Hong Kong Professional Insurance Brokers Association, jointly organized an industry exchange session on the 'Inter-sectoral Background Check Arrangements between the Banking and Insurance Industries.' Norman Chan, Deputy Chief Executive of the Hong Kong Monetary Authority, stated that the recently published Global Financial Centres Index report once again affirmed Hong Kong’s position and advantages as a leading international financial hub. As customer expectations continue to rise, whether employees of financial institutions adhere to integrity and good conduct while upholding a 'customer-centric' corporate culture directly impacts clients' confidence—and even the broader public’s trust—in the financial services industry. Looking back at the banking sector

AASTOCKSMay 13 15:18

Rising non-performing loans prompt Hong Kong banks to expand teams for faster bad debt clearance.

According to reports, bankers responsible for cleaning up non-performing assets are becoming increasingly resolute in resorting to last-resort measures, including selling mortgaged assets or forcing borrowers into liquidation, largely due to losses associated with commercial real estate in Hong Kong.

Zhitong FinanceMay 11 19:50

Research Report Analysis | CICC: Bank of China (Hong Kong)’s pre-tax profit for the first quarter exceeded expectations, maintaining an 'Outperform Industry' rating.

CICC issued a research report stating that Bank of China (Hong Kong)’s revenue in the first quarter of this year decreased by 0.4% year-on-year, which was in line with the bank's expectations; pre-tax profit increased by 0.8% year-on-year, surpassing the bank’s expectations, mainly due to lower impairment provisions than CICC had anticipated. CICC has kept its profit forecast for Bank of China (Hong Kong) largely unchanged and maintained the target price at HKD 45.1, corresponding to price-to-book ratios of 1.3x and 1.2x for this year and next year, respectively, with an upside potential of 2.3%. The rating “Outperform” was also reaffirmed.

Gelonghui FinanceMay 9 15:18 · Ratings