https://www.scmp.com/rss/523181/feed The latest news and top stories on BOC Life. A leading entity in the finance sector, Hong Kong-based BOC Life, established in 1998, specialises in comprehensive life insurance, wealth management, medical and retirement planning. A unit of Bank of China (Hong Kong), they primarily serve individuals seeking protection and financial solutions, increasingly focusing on the elderly market with initiatives like "RetireCation". Known for their strong market position in RMB insurance and robust... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Enoch Yiu Enoch Yiu The Hong Kong Monetary Authority (HKMA) issued requirements on Wednesday for banks to improve their services for elderly customers, as the proportion of the city’s population over the age of 65 increases rapidly. Banks will be required to upgrade their apps to meet the needs of elderly customers, improve branch facilities and ensure that staff members provide appropriate advice on investments, insurance and pension products. “As Hong Kong faces an ageing population, we expect more elderly... https://www.scmp.com/business/banking-finance/article/3340699/hong-kong-banking-authority-presses-lenders-shape-services-senior-customers?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3340699/hong-kong-banking-authority-presses-lenders-shape-services-senior-customers?utm_source=rss_feed Wed, 21 Jan 2026 10:15:13 +0000 Enoch Yiu Enoch Yiu Hong Kong’s rapidly greying population is creating both policy headaches and fresh business opportunities, from stronger demand for health insurance and retirement products to a growing market for medical services across the border, according to industry leaders. “The ageing population of Hong Kong brings challenges, but at the same time it also adds new business opportunities,” said Stephen Yiu Kin-wah, chairman of the Insurance Authority, at the Asian Insurance Forum on Monday. The government... https://www.scmp.com/business/article/3335637/ageing-hong-kong-opens-new-frontiers-insurers-pensions-and-cross-border-care?utm_source=rss_feed https://www.scmp.com/business/article/3335637/ageing-hong-kong-opens-new-frontiers-insurers-pensions-and-cross-border-care?utm_source=rss_feed Mon, 08 Dec 2025 23:30:08 +0000 Owen Goulding,Jay Rooney Owen Goulding,Jay Rooney The status quo was maintained in the race to become the local rider at next month’s Longines International Jockeys’ Championship after Vincent Ho Chak-yiu and Jerry Chau Chun-lok both struck at Sha Tin on Sunday. Heading into the meeting, Ho was one winner ahead of Chau but he wasted no time in extending the advantage when Mabubu made all the running on debut to win the Class Four BOC Cross-Border Services Handicap (1,200m). Chau managed to wrestle the lead back down to one when the impressive... https://www.scmp.com/sport/racing/article/3333860/vincent-ho-and-jerry-chau-continue-tight-battle-international-jockeys-championship-berth?utm_source=rss_feed https://www.scmp.com/sport/racing/article/3333860/vincent-ho-and-jerry-chau-continue-tight-battle-international-jockeys-championship-berth?utm_source=rss_feed Sun, 23 Nov 2025 12:16:03 +0000 Enoch Yiu Enoch Yiu HSBC, Manulife and BOC Life are among the financial firms courting retirees with new investment products that offer regular income streams amid a broader government-led initiative to capture opportunities in the so-called silver economy. The city’s biggest lender, HSBC, last week launched five retirement-solution funds, which offer a non-guaranteed target dividend payout rate of 6 per cent a year. More retirement-focused funds would be added to the suite in the second half of 2025, the bank... https://www.scmp.com/business/banking-finance/article/3317255/hsbc-manulife-boc-life-target-hong-kongs-silver-economy-regular-income-products?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3317255/hsbc-manulife-boc-life-target-hong-kongs-silver-economy-regular-income-products?utm_source=rss_feed Mon, 07 Jul 2025 23:30:08 +0000