Newsroom Transunion Hong Kong

Higher Spending in Final Quarter of 2017 Spurs on Hong Kong Consumer Credit Market

06

March

2018

Low levels of credit risk in Hong Kong continued during the final quarter of 2017, alongside especially strong consumer spending. The results were unveiled today as part of TransUnion’s (NYSE: TRU) … Read more
Millennials and Rising Interest Rates to Likely Impact Next Chapter of Hong Kong Consumer Lending Market

06

December

2017

As 2017 concludes under the premise of a favourable Hong Kong consumer lending environment, two factors will likely have the largest impact on performance in 2018 – Millennials and potential rising … Read more
Wesurance launches Hong Kong’s first insurance app featuring AI and eKYC

23

November

2017

Wesurance, a Hong Kong-based InsurTech startup, takes the city’s insurance sector into a new era with the launch of the industry’s first mobile platform for insurance services in partnership with … Read more

More TransUnion Press Releases

November

2017

TransUnion (NYSE: TRU), a leading global information solutions provider, announced today the appointment of Pia Arellano as the president and CEO of TransUnion’s operations in the Philippines. The appointment is effective immediately. Arellano is …

September

2017

While Generation X (Gen X) consumers—born between 1965 and 1979—continue to be the primary drivers of mortgage growth in Hong Kong, Millennials—born between 1980 and 1994—experienced a much sharper rise in mortgage originations in TransUnion’s …

July

2017

High-risk Hong Kong consumers who self-monitor their credit reports—either online or via one of the recently released apps—are 26% more likely to improve their credit risk compared with consumers who do not monitor their own credit reports. These …

May

2017

A new view of the Hong Kong consumer credit environment confirms that the market is healthy and well-functioning, with low levels of delinquency and slowly growing balances. This perspective is provided by TransUnion’s (NYSE:TRU) newly introduced …

March

2017

TransUnion (NYSE:TRU) today signed a Memorandum of Understanding (MoU) with Hong Kong Applied Science and Technology Research Institute (ASTRI) to jointly develop digital identity solutions that will help financial institutions streamline their …

February

2017

New research across global markets from TransUnion (NYSE:TRU) has found that those consumers who make payments in excess of the minimum due are consistently less risky across multiple credit products. TransUnion’s research, which analyzed …