Officials say Hong Kong’s new government health insurance scheme on the right track, but observers unsure

© SCMP Officials say the city’s new government-backed health insurance scheme may be reducing the burden on public hospitals. Photo: K.Y. Cheng Nearly 90 per cent of policies bought under Hong Kong’s first government-backed health insurance scheme involved more affordable care options, officials have said, suggesting some early adopters might […]

Hong Kong’s First Virtual Bank Partners with Accuity to Meet Compliance Requirements and Improve Customer Experience

ZA Bank implements an automated screening solution from Accuity to securely open bank accounts, approve loan applications, and process payments SINGAPORE and HONG KONG, Sept. 17, 2020 /PRNewswire/ — Accuity, the leading global provider of financial crime screening, payments and counterparty know your customer (KYC) solutions, today announced that ZA Bank, Hong […]

Hong Kong’s SFC seeks to claw back US$454 million from Tianhe Chemicals IPO for investors after accounting scandal

Hong Kong’s financial market regulator is taking legal action against China’s largest lubricant additives producer to recover HK$3.52 billion (US$454 million) of proceeds from its 2014 initial public offering (IPO) following an accounting scandal. The Securities and Futures Commission said it has started proceedings in the Market Misconduct Tribunal against […]