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HSBC celebrates 160 years in Hong Kong with display of the bank's heritage and innovation
HSBC celebrates 160 years in Hong Kong with display of the bank's heritage and innovation

South China Morning Post

time04-03-2025

  • Business
  • South China Morning Post

HSBC celebrates 160 years in Hong Kong with display of the bank's heritage and innovation

HSBC marked its 160th anniversary with a vibrant celebration at its famous Hong Kong headquarters at 1 Queen's Road Central, the same address where the bank first opened its doors on March 3, 1865. This landmark occasion not only honoured the bank's rich heritage, but also highlighted its ongoing evolution as a cornerstone of Hong Kong's financial landscape. Advertisement The anniversary celebration started with Luanne Lim, CEO of HSBC Hong Kong, sharing muffins with bank staff. The muffins were handmade by iBakery, a social enterprise that supports the development of individuals with disabilities. Staff also enjoyed a unique lion dance and drum performance that unfolded across several levels of the Main Building's atrium, which included the lions, sporting LED lights, performing a routine choreographed to a pop song. Luanne Lim (centre), CEO of HSBC Hong Kong, along with David Liao (left) and Surendra Rosha, the bank's co-CEOs for Asia and Middle East, officiated the anniversary celebration featuring the 'HSBC 160 Years of Great Stories' thematic installations. Also included in the celebration was the unveiling of a special 160th anniversary Rube Goldberg machine, which artistically illustrates HSBC's journey from its founding to the present day. The installation, located on the ground-floor plaza of the HSBC Main Building, was created exclusively to mark this anniversary. This innovative display serves as a time machine, offering viewers a glimpse into the bank's growth over the past 160 years in about 160 seconds. The installation showcases HSBC's deep roots in Hong Kong while also looking towards the future, highlighting key milestones in the bank's history such as the origins of the hexagonal logo and the transformation of digital services. (From left) Liao, Lim and Rosha enjoyed a celebratory lion dance in the atrium of HSBC's Hong Kong headquarters. From March 4, members of the public will have the opportunity to engage with the machine, in addition to viewing the installations of a giant birthday cake and a neon-light time tunnel that symbolise HSBC's past and present. Advertisement

Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors
Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors

Yahoo

time29-01-2025

  • Business
  • Yahoo

Year of the Snake: from fireworks to cash, Hong Kong banks vie to lure mainland visitors

Hong Kong lenders, intent on enticing visitors from mainland China to open new accounts during the Lunar New Year festive period, are offering a bevy of perks including cash rebates, lucky draws, afternoon tea vouchers, hotel stays and dinners overlooking the Lunar New Year fireworks or horse races. As the Year of the Snake begins, the government expects the city to welcome about 1.43 million mainlanders during the "golden week" holiday, spanning January 28 to February 4. To compete for new clients during this prime opportunity, all of Hong Kong's major lenders, including HSBC, Standard Chartered, and Bank of China (Hong Kong), alongside digital banks such as ZA Bank, Mox Bank and WeLab Bank, have concocted special offers. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. HSBC, Hong Kong's largest lender, which turns 160 years old in March, is the title sponsor of the fireworks that start at 8pm on the second day of the Lunar New Year on Thursday. "The Lunar New Year is an important festival and is set to draw many visitors to Hong Kong this year," said Luanne Lim, CEO of HSBC Hong Kong. "HSBC is excited to play a role in the celebrations by presenting a spectacular fireworks display for both residents and tourists alike." HSBC will host a dinner with a view of the fireworks for certain clients at Hysan Place. Later in the week it will host a dinner overlooking the horse races at the Hong Kong Jockey Club in Sha Tin and a wealth-investment dinner at the Cloud 39 rooftop ballroom in the city's newest skyscraper, The Henderson. All three will feature feng shui masters to discuss the outlook for the Year of the Snake. Those who open a new account at HSBC's recently opened retail banking centre at Hong Kong West Kowloon Railway Station - the terminal for high-speed trains from the mainland - will get a HK$1,000 (US$128) gift card for spending at Rosewood Hotel. There will also be a lucky draw for anyone who visits the centre. HSBC's subsidiary Hang Seng Bank is offering a combination of incentives for mainland visitors to open new prestige accounts, including cash offers up to HK$6,800, 10 units of the Hang Seng Index Tracker Fund, high-interest time deposits in Hong Kong dollars and US dollars, and a gift bag including shopping coupons. Tourists and locals view Lunar New Year decorations at Harbour City in Tsim Sha Tsui on January 26. Photo: Dickson Lee alt=Tourists and locals view Lunar New Year decorations at Harbour City in Tsim Sha Tsui on January 26. Photo: Dickson Lee> Standard Chartered will offer new customers who meet certain requirements an afternoon tea set gift card and a Rosewood Hotel staycation package. Bank of China (Hong Kong) (BOCHK), DBS Bank (Hong Kong), and digital banks such as Mox are offering lucky draws for customers who use their apps to send electronic lai see, or lucky money to friends and loved ones. BOCHK's e-lai sees incorporate a panda theme thanks to a tie-up with Ocean Park, while customers who have a DBS bank account as their default receiving account in the Faster Payment System (FPS) and use e-lai see can receive up to HK$888 in cash rewards. Mox customers who send an e-lai see of HK$50 or more will be entered into a lucky draw to win up to HK$888.80. The number eight is lucky in Chinese culture as it is a homonym for "rich". "E-lai see has become an integral part of Lunar New Year celebrations in Hong Kong over the past few years," said Mox CEO Barbaros Uygun. Another digital bank, WeLab, is offering a 5 per cent annual interest rate for time deposits in US dollars and Hong Kong dollars for two months. Normal time deposits stand at around 2 per cent. Bank of East Asia is giving cash rebates of up to HK$1,688 for new mainland clients who open SupremeGold or SupremeGold Private accounts. The bank is also opening a SupremeGold Centre at Harbour City in Tsim Sha Tsui on February 1. The centre, as well as similar branches in Causeway Bay and Sheung Shui - hotspots for mainland tourists - will offer extended business hours during the holiday period. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.

From fireworks to cash, Hong Kong banks vie for mainland new year visitors
From fireworks to cash, Hong Kong banks vie for mainland new year visitors

South China Morning Post

time29-01-2025

  • Business
  • South China Morning Post

From fireworks to cash, Hong Kong banks vie for mainland new year visitors

Published: 1:30pm, 29 Jan 2025 Hong Kong lenders, intent on enticing visitors from mainland China to open new accounts during the Lunar New Year festive period, are offering a bevy of perks including cash rebates, lucky draws, afternoon tea vouchers, hotel stays and dinners overlooking the Lunar New Year fireworks or horse races. As the Year of the Snake begins, the government expects the city to welcome about 1.43 million mainlanders during the 'golden week' holiday, spanning January 28 to February 4. To compete for new clients during this prime opportunity, all of Hong Kong's major lenders, including HSBC, Standard Chartered, and Bank of China (Hong Kong), alongside digital banks such as ZA Bank, Mox Bank and WeLab Bank, have concocted special offers. HSBC , Hong Kong's largest lender, which turns 160 years old in March, is the title sponsor of the fireworks that start at 8pm on the second day of the Lunar New Year on Thursday. 'The Lunar New Year is an important festival and is set to draw many visitors to Hong Kong this year,' said Luanne Lim, CEO of HSBC Hong Kong. 'HSBC is excited to play a role in the celebrations by presenting a spectacular fireworks display for both residents and tourists alike.' HSBC will host a dinner with a view of the fireworks for certain clients at Hysan Place. Later in the week it will host a dinner overlooking the horse races at the Hong Kong Jockey Club in Sha Tin and a wealth-investment dinner at the Cloud 39 rooftop ballroom in the city's newest skyscraper, The Henderson . All three will feature feng shui masters to discuss the outlook for the Year of the Snake. Those who open a new account at HSBC's recently opened retail banking centre at Hong Kong West Kowloon Railway Station – the terminal for high-speed trains from the mainland – will get a HK$1,000 (US$128) gift card for spending at Rosewood Hotel. There will also be a lucky draw for anyone who visits the centre.

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