Latest news with #WinnieNg
The Star
24-05-2025
- Sport
- The Star
Malaysian pro Winnie on cloud nine after scoring ace in Chengdu
Feeling good: Winnie Ng is all smiles after scoring her first-hole-in-one in Chengdu. PETALING JAYA: It was a memorable outing in Chengdu for Malaysian golfer Winnie Ng as she notched her first hole-in-one as a professional in the just concluded China LPGA's China Women Golf Legacy.
The Star
24-05-2025
- Sport
- The Star
Malaysian pro Winnie on cloud nine after scoring hole-in-one in Chengdu.
Malaysian woman pro golfer Winnie Ng is so pleased after scoring her first-hole-in-one in Chengdu. PETALING JAYA: It was a memorable outing in Chengdu for Malaysian golfer Winnie Ng as she notched her first hole-in-one as a professional in the just concluded China LPGA's China Women Golf Legacy. Winnie made her ace on the par-three third hole in the final round at Poly Golf Club. The 23-year-old made a strong comeback with an impressive five-under 67, carding four birdies against one bogey, to finish tied for 42nd out of 104 players. Winnie, who carded 75 and 71 in the first two rounds, finished with a total of three-under 213. Amateur An Zining won the tournament by two strokes with a total of 15-under 201 (67-69-65).
South China Morning Post
01-05-2025
- Business
- South China Morning Post
Hong Kong banks offer Liverpool, Jay Chou tickets and rebates to win new wealthy clients
Banks target growing pool of wealthy mainland Chinese visitors to Hong Kong during May 1-5 golden week holiday Banks in Hong Kong are doing their best to lure new wealthy clients among mainland Chinese visitors to the city, offering tickets to Liverpool vs AC Milan football match and access to concerts by Taiwanese singer Jay Chou, in addition to cash rebates. They were among notable incentives rolled out by lenders including Standard Chartered, HSBC, Bank of China (Hong Kong), Citigroup and the Bank of East Asia during the golden week holiday, highlighting the stiff competition in selling investment products and gathering cheap deposits to spur lending. The holiday, which runs from May 1 to 5, is expected to attract 840,000 visitors from mainland China, which would amount to a 10 per cent increase from a year earlier, according to government estimates. Mainland Chinese visitors rose 31 per cent to 34 million last year, accounting for 77 per cent of all arrivals in Hong Kong, official data showed. They are known to be major investors in insurance products sold in the city. 'Many mainland Chinese customers will seize the opportunity to address their banking and wealth-management needs while visiting Hong Kong,' said Winnie Ng, head of distribution sales management for wealth and personal banking at HSBC Hong Kong. 'We have adopted an experience-led approach in designing our offerings and privileges.' Fans descend on new Kai Tak Stadium for Hong Kong Sevens rugby tournament Many banks are pushing deeper into the more lucrative wealth-management business in Hong Kong and mainland China as traditional lending suffers from weak consumer confidence. Retail banks' net interest margin shrank to 1.54 per cent in the second half of 2024 from 1.73 per cent a year earlier, according to the Hong Kong Monetary Authority. Hong Kong, which had HK$31 trillion (US$4 trillion) in assets under management in 2023, could overtake Switzerland by 2027 as the world's top hub for cross-border wealth-management services, according to forecasts from the Boston Consulting Group. Standard Chartered is offering two tickets to the football match between Liverpool and AC Milan for existing and new priority private clients in the Greater Bay Area with at least US$1 million in assets. The match will be played at the Kai Tak Stadium on July 26 during an off-season Asian tour. Newsletter SCMP Global Impact By submitting, you consent to receiving marketing emails from SCMP. If you don't want these, tick here {{message}} Thanks for signing up for our newsletter! Please check your email to confirm your subscription. Follow us on Facebook to get our latest news. The UK banking group is also offering a welcome gift worth HK$51,888 to mainland visitors who open new accounts with minimum deposit and investment thresholds, according to Eliza Law, head of the affluent segment and distribution. 'Standard Chartered is always keen on offering tailor-made wealth solutions and financial planning services for high-net-worth customers,' she said. The bank would extend its opening hours during the holiday, she added. Exclusive: Standard Chartered's Bill Winters shares his plans to expand in Hong Kong HSBC is offering tickets to undisclosed concert events at the Kai Tak Sports Park in the coming months, a spokesperson said. Taiwanese pop band Mayday and singer Jay Chou will perform there in May and June, respectively. Last month, Cantopop singer Nicholas Tse Ting-fung and British rock band Coldplay performed at the stadium. The city's biggest lender is also offering up to HK$50,000 of incentives to new Premier account holders, including cash rebates of HK$23,000 for those with HK$8 million in bank balances and transactions. A limousine pickup service and tours to Harrow Little Lions and other top overseas boarding schools are also being lined up for clients, it added. Citigroup is offering up to HK$172,000 in cash rebates for new sign-ups to its Citigold Private Client accounts, while ICBC (Asia) will give as much as HK$22,000 in credit card spending for new customers who bring in at least HK$8 million of fresh deposits. Major commercial banks are extending their opening hours on Friday and Saturday, while others are keeping some of their branches in major tourist spots open on Sunday. They include Bank of China (Hong Kong)'s branches in Central, Kai Tak and Causeway Bay. 'Many travellers like to open a bank account in Hong Kong during their visits,' said Sally Liu, deputy general manager of personal banking and wealth management. 'We believe more visitors will use our services this year and we are well prepared to provide cross-border wealth-management services to them.' DBS Bank (Hong Kong) will give travel-related gifts to new account holders while OCBC offers an afternoon tea package at a five-star hotel and HK$48,888 of cash rebates for select wealth management customers. 'Previous promotions during golden week holidays successfully raised brand awareness and increased traffic to branches,' said Maggie Yung, head of Treasures & distribution at DBS Bank (Hong Kong).
South China Morning Post
01-05-2025
- Business
- South China Morning Post
Hong Kong banks offer Liverpool, Jay Chou tickets and rebates to win new wealthy clients
Banks in Hong Kong are doing their best to lure new wealthy clients among mainland Chinese visitors to the city, offering tickets to Liverpool vs AC Milan football match and access to concerts by Taiwanese singer Jay Chou, in addition to cash rebates. Advertisement They were among notable incentives rolled out by lenders including Standard Chartered, HSBC, Bank of China (Hong Kong), Citigroup and the Bank of East Asia during the golden week holiday, highlighting the stiff competition in selling investment products and gathering cheap deposits to spur lending. The holiday, which runs from May 1 to 5, is expected to attract 840,000 visitors from mainland China, which would amount to a 10 per cent increase from a year earlier, according to government estimates. Mainland Chinese visitors rose 31 per cent to 34 million last year, accounting for 77 per cent of all arrivals in Hong Kong, official data showed. They are known to be major investors in insurance products sold in the city. 'Many mainland Chinese customers will seize the opportunity to address their banking and wealth-management needs while visiting Hong Kong,' said Winnie Ng, head of distribution sales management for wealth and personal banking at HSBC Hong Kong. 'We have adopted an experience-led approach in designing our offerings and privileges.' 02:02 Fans descend on new Kai Tak Stadium for Hong Kong Sevens rugby tournament Fans descend on new Kai Tak Stadium for Hong Kong Sevens rugby tournament Many banks are pushing deeper into the more lucrative wealth-management business in Hong Kong and mainland China as traditional lending suffers from weak consumer confidence. Retail banks' net interest margin shrank to 1.54 per cent in the second half of 2024 from 1.73 per cent a year earlier, according to the Hong Kong Monetary Authority. Advertisement Hong Kong, which had HK$31 trillion (US$4 trillion) in assets under management in 2023, could overtake Switzerland by 2027 as the world's top hub for cross-border wealth-management services, according to forecasts from the Boston Consulting Group.
