Media OutReach
PAObank Showcases Pilot Case at Port Community System Rollout Ceremony
Pioneering Logistics Data Connectivity to Empower SME Financing
HONG KONG SAR – Media OutReach Newswire – 19 January 2026 – In response to the evolving global trade landscape and accelerating digital transformation, Hong Kong is consolidating its strength and reinforcing its position as an International Trade Centre while driving industry digitalisation. PAO Bank Limited (“PAObank”) has actively support the HKSAR Government’s initiatives to promote data-sharing infrastructure and financial technology development. PAObank adopted data from “Port Community System” (“PCS”), serving as a pilot case to explore the potential of the PCS data in replacing traditional freight documentation. PAObank has been invited to join PCS Rollout Ceremony, sharing professional insights on leveraging cargo data to promote digital trade finance.
The PCS enables interoperability of logistics data across sea, land and air transport, establishing a comprehensive and reliable logistics footprint for cargo transiting through Hong Kong. PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, has become a leader in harnessing alternative data to streamline financing process. PAObank was invited to PCS Rollout Ceremony on 16 January to share its practical experience in utilising PCS for trade finance. The real-time import/export customs declaration and cargo data provided by PCS empower banks to better understand the trade and capital flows of SMEs, thereby reducing credit costs and enhancing the efficiency of trade finance.
Mr. Ambrose Wong, Alternate Chief Executive & Chief Risk Officer of PAObank, remarked in the panel discussion, “As one of the Ping An Group’s integrated financial platforms in Hong Kong, PAObank is driven by the vision of empowering finance through technology. We are at the forefront of utilising alternative data to simplify SME financing and establishing industry benchmarks. Traditional port information is often fragmented, and banks lack access to consolidated trade data, making it difficult to assess business operations and credit risks in a timely and accurate manner, which affects financing efficiency. PCS provides unified, reliable, and comprehensive logistics data, further breaking down industry data barriers. This enables banks to access real-time data, quickly and accurately evaluate SME business conditions, and conduct more precise credit approvals to meet SMEs’ funding needs and help them seize business opportunities.”
Mr Ambrose Wong continued, “PAObank is honoured to serve as one of the pilot cases for the PCS, contributing to system optimisation and the realisation of cross-sector data sharing. PAObank will continue to support the HKSAR Government in jointly promoting the digitalisation of trade finance, deepening application scenarios, and enabling more SMEs to benefit from robust data-sharing infrastructure, contributing to strengthening Hong Kong’s position as an international financial and trade centre.”
Looking ahead, as part of Ping An Group’s integrated financial platforms in Hong Kong, PAObank will continue to strengthen its commercial data utilisation, integrating diverse data from trade, logistics and finance to unlock data potential. The bank will continue to be the trade partner, offering banking services including foreign currency deposits, cross-border remittance, and foreign currency exchange to help SMEs unlock their business potential. In addition, PAObank is actively developing innovative financial technologies to provide more diversified services for SMEs and individual customers, working together to promote the sustainable and healthy development of Hong Kong’s economy.
Hashtag: #PAObank #PCS #TradeFinancing
The issuer is solely responsible for the content of this announcement.
PAO Bank Limited
PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via virtual channels. PAObank is expanding diverse business segments including retail banking and SME banking, serving customers in Hong Kong and the Greater Bay Area, establishing itself as one of the Ping An Group’s comprehensive financial platforms in Hong Kong.
Media OutReach
Cregis to Explore the Next Phase of Digital Finance at Consensus Hong Kong 2026
Attendees can visit Booth 1808 at the Hong Kong Convention and Exhibition Centre to explore Cregis’ infrastructure offerings, including its crypto payment engine, self-custody MPC wallet infrastructure, and enterprise-grade self-custody solutions. According to the team, the event represents not just an industry appearance, but an opportunity to observe and contribute to a deeper question: how crypto assets can meaningfully integrate into real financial systems.
Digital Assets Enter Business Operations
Over the past few years, much of the industry conversation has centered on issuance and trading. But as institutional participation accelerates, the focus is shifting toward a more complex challenge: how digital assets are operated in secure, compliant, and efficient ways.
As financial institutions and payment companies begin using on-chain assets in real business workflows, asset management is no longer just about private key security. It becomes a system-level problem involving multi-party coordination, permission design, auditability, and risk governance.
Against this backdrop, Cregis plans to focus on:
- The security and coordination requirements of enterprise asset management in stablecoin and payment use cases
- How permissions, accountability, and auditability should function across multi-team, multi-system operations
- How automation and intelligent systems are redefining the requirements for underlying asset infrastructure
Stablecoins Move to the Center of Financial Infrastructure
Consensus Hong Kong 2026’s agenda reflects a broader industry shift. Compared with previous years, stablecoin-related discussions have expanded significantly, with the focus moving from whether stablecoins are viable to how they scale.
Topics around cross-border payments, settlement efficiency, liquidity movement, and regulatory frameworks are increasingly seen as the connective layer between crypto-native systems and traditional finance. For many industry participants, this marks a transition: crypto assets are no longer viewed primarily as speculative instruments, but as emerging components of financial circulation infrastructure.
The Debate Has Shifted
Disagreements around the future of crypto adoption remain. But the nature of the debate has changed. At Consensus Hong Kong 2026, the discussion is less about whether crypto will be adopted, and more about:
- What form adoption will take
- Whether infrastructure will become invisible to end users
- Who bears systemic risk, and who defines operational rules
In this context, the maturity of infrastructure is emerging as a key determinant of where the industry goes next.
Observing and Participating in an Inflection Point
The industry is transitioning from “exploring possibilities” to “building durable systems.” The evolving themes at Consensus Hong Kong 2026 are a clear signal of that shift.
As stablecoins, digital assets, and intelligent systems move deeper into real financial and commercial environments, the resilience, controllability, and compliance-readiness of infrastructure will determine how far adoption can go. During the event, Cregis will engage with participants across payments, financial institutions, and Web3, while continuing to focus on the evolution of enterprise digital finance infrastructure.
Cregis aims to provide enterprises with end-to-end digital asset management and operational infrastructure. By building security-first, flexible, and compliance-oriented systems, the company seeks to abstract complex onchain operations into standardized solutions that enterprises can easily integrate and manage — helping institutional clients navigate this industry transition with confidence.
Hashtag: #consensus2026 #cregis #Stablecoins
https://www.cregis.com
Cregis is a global provider of enterprise-grade digital asset infrastructure, delivering secure, scalable, and compliant solutions for institutional clients.
Its core offerings—MPC-based self-custody wallets, Wallet-as-a-Service, and a robust Payment Engine—help exchanges, fintech platforms, and Web3 businesses manage digital assets with confidence.
With over 3,500 businesses served globally, Cregis empowers businesses to accelerate their Web3 transformation and unlock new digital asset opportunities.
Media OutReach
HKCSS Releases Inaugural Data on Caring Business Practices in Hong Kong
3,500 Companies Recognized; Support for Working Caregivers Emerges as New Benchmark for Friendly Workplaces
HONG KONG SAR – Media OutReach Newswire – 22 January 2026 – 22 January 2026 – The Hong Kong Council of Social Service (HKCSS) held the 2024/25 Caring Company Scheme Recognition Ceremony today at the Hong Kong Convention and Exhibition Centre. Mr. Chris SUN Yuk-han, JP, Secretary for Labour and Welfare of the Hong Kong Special Administrative Region, attended as the Guest of Honour. This year, a total of 3,500 caring companies and organisations were recognised.
From left:Hon Grace CHAN Man-yee, Chief Executive Of HKCSS
Mr. CHAN Tsz Ming, Director, Analysts at Level 1, Department of Social Affairs, Liaison Office of the Central People’s Government in the HKSAR
Mr. Chris SUN, JP, Secretary for Labour and Welfare
Revd Canon Hon Peter Douglas KOON Ho Ming, SBS, JP, Chairperson of HKCSS
Mr. CHAN Charnwut, Bernard, GBM, GBS, JP, Vice-chairperson of HKCSS
Ms. CHAK Tung Ching, Yvonne, Vice-chairperson of HKCSS
For the first time, HKCSS released the major findings from the Caring Business Achievements Overview, providing an in-depth look at corporate trends in addressing social issues such as population ageing, workforce challenges, and climate change across four key pillars: Partnership, Social, Economic, and Environmental Sustainability.
Mr. Chris SUN Yuk-han, JP, Secretary for Labour and Welfare of the Hong Kong Special Administrative Region, congratulated the businesses and organizations recognized by the Caring Company Scheme. He emphasized that building a compassionate society requires collaboration with the business community, which plays a vital role alongside government and non-governmental efforts. By prioritizing employee welfare, employers not only uplift families but also drive growth, attract talent, and foster mutual benefits. Mr. SUN called upon the business sector to engage more proactively in this initiative, fostering a collective commitment to building a more caring society for all.

24 Years of Deep-Rooted Partnership: 28% of Collaborations Last 10 Years or More
The Caring Company Scheme has been running for 24 years. The Revd Canon the Hon. Peter Douglas KOON, SBS, JP, Chairman of HKCSS, stated in his speech: “The Scheme underwent a significant revamp recently to localise international sustainability frameworks. Through our inaugural data analysis, we can observe the business sector’s overall performance in tackling challenges like population ageing and climate change. We hope these trends will guide companies to transform a culture of care into concrete business decisions.”
Data indicates that business-social partnerships have built a solid foundation. Over 70% of companies have maintained partnerships with community partners for three years or more, while 28% have sustained collaborations for over a decade, reflecting a commitment to long-term stability in cross-sectoral collaboration.

New Frontier in the Workplace: Support for Working Caregivers Emerges as a Key Focus
Corporate performance in supporting caregivers has become a focal point. Data reveals that over 80% of companiess have popularised flexible work arrangements, and 104 companies received special “Caregiver-Friendly” commendations for their outstanding support measures this year.
Hon Grace CHAN Man-yee, Chief Executive of HKCSS, observed several innovative cases: “Some companies have implemented eight weeks of fully paid adoption leave, five days of leave for only-child caregivers, and even ‘Grandchild Leave’. Others provide patient companion service. Supporting caregivers does not necessarily require massive financial investment; as long as it starts from the employees’ needs, the possibilities for caring business are endless.”
Five Key Recommendations: From “Ad Hoc Actions” to “Policy Integration”
While companies excel in charitable donations and active participation, there is room for improvement in environmental data tracking (currently at approximately 30%) and workplace diversity. Consequently, HKCSS proposes five key recommendations:
- Deepen Caring Standards: Treat the Caring Company Scheme indicators as operational benchmarks to establish a systematic socially responsible business model.
- Promote Professional Sharing and Responsible Procurement: Encourage management to join NGO boards as volunteers to provide professional support and integrate NGO products into corporate procurement supply chains.
- Build Diverse and Inclusive Workplaces: Actively employ disadvantaged groups to tap into new talent pools and implement flexible work to support working caregivers.
- Sustain Investment in Talent Development: Recognize talent as a driver of economic growth, enhance staff training, and strengthen mental health support.
- Initiate Data-Driven Management: We recommend that companies immediately start tracking data related to sustainability performance to ensure that social initiatives are measurable and sustainable.
In 2024/25, the Caring Company Scheme received over 4,300 applications. Ultimately, 3,500 companies and organisations were recognised the Caring Company and Caring Organisation logos, comprising large corporations (42%), SMEs (51%), and organisations (7%). HKCSS emphasised that the data release aims to establish a long-term mechanism to guide the business sector in finding room for improvement and addressing future social challenges through collaboration.
Hashtag: #TheHongKongCouncilofSocialService #HKCSS #theCaringCompanyScheme #Caregiver-Friendly
The issuer is solely responsible for the content of this announcement.
Media OutReach
Strong wealth management and IPO pipelines to underpin Hong Kong bank growth in 2026, says KPMG
Digital assets, artificial intelligence, and cybersecurity top the transformation agenda
HONG KONG SAR – Media OutReach Newswire – 22 January 2026 – Hong Kong’s banking sector enters 2026 from a position of financial strength — well-capitalised, highly liquid, and supported by structural inflows and robust wealth management growth. Despite an evolving macroeconomic and investment environment, the sector remains well-positioned to pursue targeted growth opportunities.
KPMG’s latest report, the Hong Kong Banking Outlook 2026, expects Hong Kong banks to capitalise on the strong wealth management pipeline and a revitalised IPO market, deploying capital where risk-adjusted returns appear most attractive. The report also spotlights the key priorities for the year ahead: advancing digital assets, embracing AI innovation, and fostering closer collaboration between private banks and asset managers to strengthen Hong Kong’s position as a world-leading centre for offshore private wealth management.
Paul McSheaffrey, Senior Banking Partner, Hong Kong SAR, KPMG China, says: “As we enter 2026, KPMG is more optimistic about Hong Kong’s banking sector. The strong performance of Hong Kong’s equity market in 2025 has significantly lifted sentiment. Recent policy initiatives, including efforts to strengthen the city’s fixed-income market and to support Chinese Mainland enterprises in ‘going global’ through Hong Kong, provide further confidence in the future. We expect increased bank investment and hiring to follow.”
Jianing Song, Head of Banking and Capital Markets, Hong Kong SAR, KPMG China, says: “In 2026, AI will evolve from a support tool to a core driver of competitiveness for Hong Kong banks. Banks are increasingly focused on productivity gains, on measuring ROI, and on embedding AI across operations in a way that delivers tangible benefit. In corporate banking, this shift may finally see paper, physical signatures, and batch processing phase out.”
Tokenisation moves beyond proof of concept
Hong Kong is positioning itself as a global leader in digital assets, with banks conducting real-world transactions using tokenised deposits through the Hong Kong Monetary Authority’s Project Ensemble1. A wave of stablecoin licence applications is also underway, and tokenised gold is being issued. Looking ahead to 2026, KPMG expects traditional banks and the digital-asset ecosystem to move closer together. Banks will likely begin offering services such as digital-asset custody and a broader range of tokenised products as the regulatory framework becomes clearer.
Simon Shum, Head of Digital Assets, Hong Kong SAR, KPMG China, says: “The pace of change will only accelerate this year. Banks should focus on building their blockchain expertise, ensuring governance and controls are robust, and staying close to regulatory developments, particularly around AML, cybersecurity and risk management, as the digital asset ecosystem continues to evolve rapidly.”
Rising threats push banks toward automation-led cyber defence
As Hong Kong banks accelerate toward a digital-first future, the cyber threat landscape will remain a critical challenge in 2026. KPMG expects threat actors to increasingly leverage AI and automation to identify vulnerabilities with greater speed and precision, while attacks through third parties and the broader digital ecosystem continue to rise. For banks, this means cyber resilience will become an even more pressing board level priority. The HKMA will continue expectations around technology risk management, clear accountability for cyber risk, and the ability of banks to maintain critical services and recover swiftly when incidents occur.
Lanis Lam, Partner, Technology Risk, KPMG China, says: “As rising cyber risks, evolving technology, and shifting regulatory expectations redefine the landscape, banks in 2026 must strategically prioritise three areas: real-time threat detection, governance of third-party dependencies, and seamless integration between technology, risk, and business functions to drive cohesive and effective responses. Ultimately, automation should be a core enabler of cyber resilience, not just a tool for efficiency but a catalyst for proactive defence and operational agility.”
Hashtag: #KPMG
The issuer is solely responsible for the content of this announcement.
About KPMG
KPMG in China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. It started operations in Hong Kong in 1945. In 1992, KPMG became the first international accounting network to be granted a joint venture licence in the Chinese Mainland. In 2012, KPMG became the first among the “Big Four” in the Chinese Mainland to convert from a joint venture to a special general partnership.
KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.
KPMG firms operate in 138 countries and territories with more than 276,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
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