Hong Kong's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Wed Jul 09, 6:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f3l5k9/hong_kongs_cards) has announced the addition of the "Hong Kong's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. In terms of number of cards in circulation, the Hong Kong card payments channel registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 5.23% to reach 50.8 million cards in 2013. In terms of transaction value, the card payments channel valued HKD943.9 billion (US$121.7 billion) in 2013, after registering a CAGR of 10.94%. Improved banking infrastructure and the increasing acceptance of card-based payments at point-of-sale (POS) terminals were key growth drivers for the card payments channel. In terms of transaction value, credit cards accounted for the highest share during review period with 51.7% in 2013, and are expected to maintain this over the forecast period (2014-2018). The category is expected to post a forecast-period CAGR of 3.31% from HKD512.1 billion (US$66.0 billion) in 2014 to HKD583.3 billion (US$75.2 billion) in 2018. Key Topics Covered: 1 Executive Summary 2 Analysis of Industry Environment, Key Trends and Drivers 3 Cards and Payments Industry Share Analysis 4 Regulatory Framework and Card Fraud Statistics 5 Emerging Consumer Attitudes and Trends 6 Analysis of Card Payments and Growth Prospects 7 Analysis of Credit Card Payments and Growth Prospects 8 Analysis of Debit Card Payments and Growth Prospects 9 Analysis of Charge Card Payments and Growth Prospects 10 Analysis of Prepaid Card Payments and Growth Prospects 11 Merchant Acquiring 12 Company Profiles of Card Issuers 13 Appendix Companies Mentioned: - HSBC - Standard Chartered Bank (Hong Kong) - Hang Seng Bank - Citibank Hong Kong - Bank of China (BOC) Hong Kong - MasterCard - American Express - Visa - Diners Club - JCB - EPS For more information visit http://www.researchandmarkets.com/research/f3...ongs_cards
High Net Worth Trends in Hong Kong to 2013-2017
M2 - Mon Jul 07, 6:17AM CDT
Research and Markets (http://www.researchandmarkets.com/research/nkh8zx/high_net_worth) has announced the addition of the "High Net Worth Trends in Hong Kong to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Hong Kong. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis. Key Highlights - There were approximately 233,220 HNWIs in Hong Kong in 2012. These HNWIs held US$1.1 trillion in wealth. The wealth per capita in the country in 2012 was approximately US$119,453. - Hong Kong HNWI numbers rose by 26.2%, following a marginal increase of 4.0% in 2011. - Growth in HNWI wealth and volumes are expected to improve over the forecast period. The number of Hong Kong HNWIs is forecast to grow by 29%, to reach around 339,700 in 2017. HNWI wealth will see a significant percentage increase, growing by 34% to reach US$1.7 trillion by 2017. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the WealthInsight HNWI Database 5 Appendix Companies Mentioned - Bank of East Asia - CITIC Bank International - Chi Yu Bank - Chong Hing Bank Limited - Dah Sing Bank Ltd - Hang Seng Bank Ltd - Mevas Bank Ltd - Nanyang Commercial Bank - Tai Sang Bank Ltd - Wing Hang Bank Ltd For more information visit http://www.researchandmarkets.com/research/nk..._net_worth
Challenges and Opportunities for the Wealth Sector in Hong Kong 2013-2017
M2 - Mon Jul 07, 6:06AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7trp2c/challenges_and) has announced the addition of the "Challenges and Opportunities for the Wealth Sector in Hong Kong 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Hong Kong. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis. Key Highlights - In 2012, Hong Kong HNWIs held 39.8% (US$452 billion) of their wealth outside their home country, which is above the worldwide norm of 20-30%. - It is expected that foreign asset holdings will increase to US$648 billion by 2017, when they will account for 37.3% of total HNWI assets. - The Asia-Pacific region accounted for 59.6% of the foreign assets of Hong Kong HNWIs. - It was followed by North America with 18.3%, Europe with 11.8%, Latin and South America with 6.1%, the Middle East with 2.5% and Africa with 1.9%. - The share of foreign assets that Hong Kong HNWIs allocated to the Asia-Pacific region increased marginally from 57.7% in 2008 to 59.6% in 2012. The allocation is expected to increase over the forecast period to reach 61.8% by 2017, as there is huge potential in emerging economies such as China and India. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Competitive Landscape of the Wealth Sector 5 Appendix Companies Mentioned - Bank of East Asia - CITIC Bank International - Chi Yu Bank - Chong Hing Bank Limited - Dah Sing Bank Ltd - Hang Seng Bank Ltd - Mevas Bank Ltd - Nanyang Commercial Bank - Tai Sang Bank Ltd - Wing Hang Bank Ltd For more information visit http://www.researchandmarkets.com/research/7t...lenges_and
Ultra HNWIs in Hong Kong - Forecast to 2017
M2 - Fri Jun 27, 5:51AM CDT
Research and Markets (http://www.researchandmarkets.com/research/x5d8mk/ultra_hnwis_in) has announced the addition of the "Ultra HNWIs in Hong Kong to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Hong Kong. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's UHNWIs have performed through the crisis. Summary This report reviews the performance and asset allocations of Ultra HNWIs in Hong Kong, and highlights top-performing cities. It also includes an evaluation of the local wealth management industry. Scope - UHNWI volume, wealth and allocation trends from 2008 to 2012 - UHNWI volume, wealth and allocation forecasts to 2017 - UHNWI asset allocations across 13 asset classes - Number of UHNWIs in each state and all major cities - Fastest growing cities and states for UHNWIs (2008-2012) - Number of wealth managers in each city - City wise ratings of wealth management saturation and potential - Details of the development, challenges and opportunities of the Wealth Management and Private Banking sector in Hong Kong - Size of Hong Kong wealth management industry - Largest domestic private banks by AuM - Detailed wealth management and family office information - Insights into the drivers of HNWI wealth Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Findings from the WealthInsight HNWI Database 5 Analysis of Hong Kong HNWI Investments 6 Competitive Landscape of the Wealth Sector 7 Appendix 8 About Us Companies Mentioned: - CITIC Bank International - Hang Seng Bank Ltd - Bank of East Asia - Nanyang Commercial Bank - Wing Hang Bank Ltd - Chi Yu Bank - Chong Hing Bank Limited - Dah Sing Bank Ltd - Mevas Bank Ltd - Tai Sang Bank Ltd For more information visit http://www.researchandmarkets.com/research/x5...a_hnwis_in .
HNWI Asset Allocation in Hong Kong to 2013
M2 - Fri Jun 27, 5:51AM CDT
Research and Markets (http://www.researchandmarkets.com/research/qz2hcw/hnwi_asset) has announced the addition of the "HNWI Asset Allocation in Hong Kong to 2013" report to their offering. This report is the result of extensive research covering the high net worth individual (HNWI) population and wealth management market in Hong Kong. It focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis. Summary This report provides the latest asset allocations of Hong Kong HNWIs across 13 asset classes. The report also includes projections of the volume, wealth and asset allocations of Hong Kong HNWIs to 2017 and a comprehensive and robust background of the local economy. Scope - Independent market sizing of Hong Kong HNWIs across five wealth bands - HNWI volume and wealth trends from 2008 to 2012 - HNWI volume and wealth forecasts to 2017 - HNWI and UHNWI asset allocations across 13 asset classes - Insights into the drivers of HNWI wealth Reasons To Buy - The Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world. - The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market. - With the Database as the foundation for research and analysis, an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions is obtained. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Wealth Sector Fundamentals 4 Analysis of Hong Kong HNWI Investments 5 Appendix 6 About Us Companies Mentioned: - Bank of East Asia - CITIC Bank International - Chi Yu Bank - Chong Hing Bank Limited - Dah Sing Bank - Hang Seng Bank - Mevas Bank - Nanyang Commercial Bank - Tai Sang Bank - Wing Hang Bank For more information visit http://www.researchandmarkets.com/research/qz2hcw/hnwi_asset
RBS May Sell U.S. Retail Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 25, 4:40PM CDT
Edinburgh, UK based The Royal Bank of Scotland Group plc is in talks with Japanese bank Sumitomo Mitsui Financial Group Inc. to vend its U.S retail bank RBS Citizens Financial Group.
Deutsche Bank Co-CEOs Pay Raised - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 21, 6:28PM CDT
Co-Chief Executive Officers (CEO) of Deutsche Bank AG, Anshuman Jain and Jurgen Fitschen, received approval for compensation worth EUR8.97 million and EUR8.00 million, respectively for 2013, as per the bank's Annual Report 2013.
UBS Seeks More Investments in China - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 19, 4:30PM CDT
Shares of Switzerland based UBS AG rallied 1.6% since a Bloomberg report on Mar 16 revealed the company's plans to tap the residential market of China's second-tier cities.
UBS CEO Gets Pay Hike on 2013 Performance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 18, 3:55PM CDT
Driving UBS AG to profitability, Chief Executive Officer (CEO) Sergio P. Ermotti received approval for compensation worth CHF10.73 million for 2013, as per the bank's Compensation Report 2013.
Gemalto Hosted TSM Service Strengthens Mobile Payment Ecosystem in HK
GlobeNewswire - Tue Mar 11, 1:25AM CDT
Gemalto (Euronext NL0000400653), the world leader in digital security, has provided hosted Trusted Service Management (TSM) services to Hang Seng Bank for their mobile payment service. Gemalto's Allynis TSM has allowed Hang Seng Bank to join forces with mobile operators including HKT to offer customers the convenience of NFC to tap and pay for small value transactions. HKT is building upon the installed base of advanced NFC SIM it has been deploying since second half of 2013, having progressively equipped its subscribers with Gemalto's UpTeq Multi-tenant NFC SIMs.
Gemalto hosted TSM service strengthens mobile payment ecosystem in HK
Thomson Reuters ONE - Tue Mar 11, 1:03AM CDT
The solution, also operated by Gemalto, is open to all service providers and already enables Hang Seng Bank to connect into Hong Kong's TSM trust infrastructure
TD Bank Gains on Robust Q1 Results - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 10:40AM CST
Shares of The Toronto-Dominion Bank (TD), also known as TD Bank, rose 1.4% following the company's robust first-quarter fiscal 2014 earnings (ended Jan 31) on Feb 27.
HSBC Continues to Streamline Operations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 4:35PM CST
HSBC Holdings plc's wholly owned subsidiary, HSBC Bank plc, is set to vend its unit in Kazakhstan.
Asia Banking Profiles - 2013 Provides Coverage for more than 70 Banks in Asia
M2 - Tue Jan 21, 8:53AM CST
Research and Markets (http://www.researchandmarkets.com/research/92rk5v/asia_banking) has announced the addition of the "Asia Banking Profiles" report to their offering. This research builds on a propriety database of Asian bank's technologies, and it draws on an extensive survey that covered more than 70 banks in Asia, multiple personal interviews with decision makers in technology departments, and discrete conversations with retail banking heads, and executives in various departments in Asian banks. The report outlines the consumer-banking environment of each of the nations, and then it evaluates each country's most important banks' business profiles, strengths, strategies, competition, problems, and opportunities. One of the main benefits of this report is that it outlines key bankers' statements and words that were gathered via interviews and secondary research, which could alter your strategy and marketing plans in order to fully penetrate your market of choice. This report will give the reader competitive intelligence in terms of understanding the recent projects of banks and their future plans. It will also allow the reader to fully understand key industry trends, opportunities, and facing Heads of Retail and Heads of Consumer Banking within Asian banks. Companies Mentioned: -Agriculture Bank of China -AmBank -ANZ -Axis Bank -Baiduri Bank -Bangkok Bank -Bank Central Asia -Bank Danamon -Bank Islam Brunei Darassalam -Bank Mandiri -Bank Negara Indonesia -Bank of Ayudhya -Bank of China -Bank of China (Hong Kong) -Bank of East Asia -Bank Rakyat Indonesia -BDO Unibank -BPI -Cathay United Bank -China Construction Bank -China Merchant's Bank -China Minsheng Bank -Chinatrust Commercial Bank -CIMB -CIMB Niaga -Citibank -Citibank -DBS -E. Sun Bank -First Bank -Hana Bank -Hang Seng Bank -HDFC Bank -Hong Leong Bank -HSBC -HSBC -ICBC -ICICI Bank -Kasikornbank -Kookmin Bank -Maybank -Mega International Commercial Bank -Metrobank -NAB -OCBC -Panin Bank -Public Bank -Punjab National Bank -Rakuten Bank -RCBC -RHB -Shinhan Bank -Shinsei Bank -Siam Commercial Bank -Standard Chartered Bank -Standard Chartered Bank -State Bank of India -Taipei Fubon Bank -Taishin International Bank -UOB -Westpac For more information visit http://www.researchandmarkets.com/research/92...ia_banking About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Emerging Opportunities in Hong Kong's Cards and Payments Industry: Updated 2013 Report
M2 - Wed Sep 18, 5:48AM CDT
Research and Markets (http://www.researchandmarkets.com/research/gfvjxw/emerging) has announced the addition of the "Emerging Opportunities in Hong Kong's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" report to their offering. Within the Asia-Pacific region, Hong Kong is an important banking and financial centre. Hong Kong's cards and payments industry recorded nominal growth during the review period (2008-2012) growing at a CAGR of 5.85%. It is expected register a CAGR of 2.76% over forecast period (2013-2017). The debit and credit card categories are anticipated to post a slight growth over the forecast period. The debit card category is expected to post a CAGR of 1.67% while the credit card category is expected to grow at a CAGR of 2.55%. The prepaid and charge card categories are anticipated to be the key industry drivers. The charge card category is expected to grow at a CAGR of 4.30% and the prepaid card category is projected to grow at a CAGR of 3.07% over the forecast period. Online shopping in Hong Kong is rapidly growing in popularity due to improvements in telecommunication infrastructure and payment and security systems. Key Topics Covered: 1 Executive Summary 2 Market Attractiveness and Future Prospects of Cards and Payments Industry 3 Analysis of Hong Kong's Cards and Payments Industry Drivers 3.1 Macroeconomic Fundamentals 3.2 Infrastructure Drivers 3.3 Business Drivers 3.4 Consumer Drivers 3.5 Card Fraud Statistics 3.6 Regulatory Framework 4 Emerging Consumer Attitudes and Trends 4.1 Market Segmentation and Targeting 4.2 Consumer Preference 4.3 Online Buying Behavior 5 Competitive Landscape and Industry Dynamics 6 Strategies Adopted by Key Players 6.1 Market Entry Strategies 6.2 Marketing / Product Strategy 6.3 Pricing Strategies 7 Market Size and Growth Potential of Payment Card Industry 8 Company Profiles, Product, and Marketing Strategies 9 Appendix Companies Mentioned - Bank of China Hong Kong Limited (BOCHK) - Bank of East Asia (BEA) - HSBC Hong Kong - Hang Seng Bank - Standard Chartered Bank (Hong Kong) Limited (SCB) For more information visit http://www.researchandmarkets.com/research/gfvjxw/emerging
Hong Kong's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
M2 - Mon Jul 01, 5:38AM CDT
Research and Markets (http://www.researchandmarkets.com/research/262xgb/emerging) has announced the addition of the "Emerging Opportunities in Hong Kong's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" report to their offering. The report provides market analysis, information and insights into Hong Kong's cards and payments industry, including current and forecast values for each category of Hong Kong's cards and payments industry including debit cards, credit cards, prepaid cards and charge cards. A comprehensive analysis of the industry's market attractiveness and future growth areas is included, as well as an analysis of various market drivers and regulations governing Hong Kong's cards and payments industry. There is detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market in the report along with a comprehensive analysis of consu
China to Allow Mutual Fund Sale - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 27, 9:00AM CDT
In the further opening up of its financial markets, China's securities regulator sanctioned introduction of domestic mutual funds within China by global banks.
Zacks Rank #1 Addition for Thursday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 07, 8:44AM CST
Here are 5 stocks added to the Zacks Rank #1 ("strong buy"
Analyzing China's Financial Services Industry
M2 - Wed Mar 06, 4:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/k8rnh2/analyzing_chinas) has announced the addition of the "Analyzing China's Financial Services Industry" report to their offering. As China's economy continues to flourish, foreign financial services institutions are staring into what potentially is the largest investment management opportunity in the world, and as personal investment markets begin to mature and grow, insurers will find themselves in a position to become true financial advisors to China's newly minted middle and upper classes. Currently, the Chinese financial services industry is not adequately meeting the needs of consumers. The Chinese banking system, for example, is undergoing reforms to help increase profitability and improve efficiency, but is still require time to get-into world- class shape. Operated and heavily regulated by the government, banks historically have extended a majority of loans to unprofitable state-owned enterprises to keep them operating. Bad loans,
Unicorn Image Products Co., Ltd. of Zhuhai, Member of Print-Rite, was Certified the Hang Seng Pearl River Delta Environmental Award 2011/12 - Green Medalists & 3 Years + entrant
PR Newswire - Thu Feb 21, 6:00AM CST
Print-Rite Holdings Limited ("Print-Rite"