Tagged Questions

This country tag is to be used for any question that is specific to or only relevant within Hong Kong.

learn more… | top users | synonyms

2
votes
1answer
72 views

Better to get loan from finance company or bank considering the drop of credit score?

I want to know if there's a difference between getting personal loan from a finance company or a bank, considering the drop of credit score/grade (assume all other aspects are exactly the same)? I've ...
1
vote
1answer
210 views

What is a clearing bank, in specific, what does RMB clearing bank do?

Bank of China (Hong Kong) is described as the "sole Clearing Bank for RMB business in Hong Kong" What does it mean to be a clearing bank and clearing bank for RMB? What's the difference between ...
0
votes
1answer
221 views

Is pacific tycoon a legitimate company? [closed]

I keep seeing advertisements for pacific tycoon on youtube - they're looking for people to buy shipping containers, and lease them back, or some variation on that theme. Are pacific tycoon a ...
2
votes
2answers
226 views

Any problem if I continuously spend my credit card more than normal people?

I continuously use my credit card for my friends' expenses. Normally I could spend 20~30K USD each month to get more points/cash back. I don't have large credit limits so in most time I'll put cash ...
7
votes
7answers
3k views

Can I prepay a Credit Card to make a Large Purchase greater than my credit limit?

I want to make a large purchase at a retail store to the sum of $10,000 but the credit limit on my card is set at $2000. If I send $10K to my credit card will the purchase be allowed to go through? ...
5
votes
2answers
326 views

Where can I find a good online fundamental data provider for Hong Kong stocks?

I am thinking of investing in the Hong Kong stock market. One problem I am facing is finding a good online fundamental data provider that provides a database of financial statements for Hong Kong ...
-2
votes
1answer
315 views

What are some way to transfer money from Hong Kong to India on a monthly basis?

I have recently moved to Hong Kong and I have to be outside India for a year or so. I'm new to the money transfer process. I want to send some money, monthly, to support my parents from HK using an ...
6
votes
1answer
207 views

Can I still claim my Hong Kong-based MPF pension if I move elsewhere?

I am 60 year old and I will not be living in hong kong in the future, would I still be able to claim back my mpf?
2
votes
3answers
1k views

HSBC Hong Kong's “Deposit Plus” Product: What is it, and what strategies to employ?

I recently opened an account with HSBC Hong Kong (I am a US citizen), and I'm exploring all of the options available to me at my new bank. One product that caught my eye is called Deposit Plus, which ...
2
votes
2answers
181 views

How can I protect myself from inflation with the HKD?

There is serious inflation here in Hong Kong. I suspect it is caused by QE1 and QE2. I didn't study Economics when I was in school, so I'm not sure I fully understand the situation. Hopefully someone ...
1
vote
1answer
220 views

Hong Kong Mandatory Provident Fund contribution strategy

I'm moving to Hong Kong and understand that (almost) every employer and employee must contribute to the MPF (Mandatory Provident Fund) pension fund. However the maximum contribution levels are very ...
4
votes
1answer
1k views

Any banks in Hong Kong offer credit cards to non-HK residents?

Any way to get a credit card in HK without holding a HK ID card? Are there any local regulations preventing banks from offering that, or do the banks simply not want to bother? I tried HSBC and was ...