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11
September
2018

Credit Cards Led Hong Kong Consumer Credit Market Growth with 20% Year-Over-Year Rise in Originations

Key Findings: Consumer sentiment remains positive despite rising global trade tensions and expected pull back in GDP in H2 2018 YoY card balance growth in Q2 2018 exceeded inflation driven by increased new card originations (grew 20% YoY …
30
January
2018

TransUnion Appoints Neona Wang Hong Kong CEO

Leading global information solutions provider TransUnion (NYSE: TRU) today announced the appointment of Neona Wang as TransUnion Hong Kong CEO, effective on 1 February. Headquartered in Chicago, TransUnion provides premier global risk and …
23
November
2017

Wesurance launches Hong Kong’s first insurance app featuring AI and eKYC

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 Allied World Assurance Company, Ltd and TransUnion. …
26
September
2017

Millennials’ Share of Growing Mortgage Market Continues to Rise

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 …
27
July
2017

Hong Kong Consumers Who Monitor their Credit Reports are 26% More Likely to Improve Credit Risk; Seven Times More Likely to Open New Accounts

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 …
25
May
2017

Hong Kong Consumer Credit Market Maintains Positive Trends in First Quarter of 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 …

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