Financial and Business News

ZA Bank Adds Hong Kong Stock Trading as User Base Crosses 1 Million

Wednesday, 22/10/2025 | 06:51 GMT by Damian Chmiel
  • The digital lender expands its investment platform with local equities while posting its first-ever profit in the first half of 2025.
  • To promote the new offering, the bank launches a promotional campaign offering zero trading fees and cash rewards.
Hong Kong skyline
Hong Kong skyline

ZA Bank rolled out Hong Kong stock trading services today (Tuesday), completing its investment platform that already includes mutual funds, U.S. equities, and cryptocurrency trading.

ZA Bank Hits 1 Million Users, Adds Hong Kong Stock Trading

The launch comes as Hong Kong's largest digital bank exceeded 1 million users and reported its first profit for the six months ending June 2025. The bank is marking the milestones with promotions, including waived trading fees and cash rewards totaling more than HKD 120,000.

Calvin Ng, chief executive of ZA Bank
Calvin Ng, chief executive of ZA Bank

“Our launch of Hong Kong stock trading marks an important milestone in ZA Bank's mission to make investing simpler, more inclusive, and truly digital,” said Calvin Ng, chief executive of ZA Bank. “By expanding our platform, from funds and U.S. equities to crypto and now Hong Kong stocks, we're empowering individuals to take greater control of their financial futures.”

Users can now trade Hong Kong and U.S. stocks, buy mutual funds, and purchase cryptocurrencies through a single mobile app. The bank is offering zero commission fees for the first 30 days after customers activate stock trading services, along with cash rewards up to HKD 500 for new accounts and rebate coupons worth as much as HKD 1,000.

Fee Waivers Drive Customer Acquisition

ZA Bank has saved fund investors nearly HKD 700 million in fees since launching its fund service in August 2022, according to the bank. The lender charges no subscription fees for money market funds and 0.5% for bond funds, compared with industry standard rates around 5%.

The bank became the first licensed lender in Asia outside of West Asia to offer direct cryptocurrency-to-cash trading services to retail customers through its main app in November 2024. New crypto trading customers get 90 days of zero commission and platform fees.

Standard brokerage fees at ZA Bank run 0.1% of transaction value with a minimum HKD 35 charge per order for stock trades.

ZA Bank received its license from the Hong Kong Monetary Authority in 2019 as part of the city's push to encourage virtual banking. The bank operates as a subsidiary of ZA Global, a fintech and insurtech company founded in 2017.

ZA Bank rolled out Hong Kong stock trading services today (Tuesday), completing its investment platform that already includes mutual funds, U.S. equities, and cryptocurrency trading.

ZA Bank Hits 1 Million Users, Adds Hong Kong Stock Trading

The launch comes as Hong Kong's largest digital bank exceeded 1 million users and reported its first profit for the six months ending June 2025. The bank is marking the milestones with promotions, including waived trading fees and cash rewards totaling more than HKD 120,000.

Calvin Ng, chief executive of ZA Bank
Calvin Ng, chief executive of ZA Bank

“Our launch of Hong Kong stock trading marks an important milestone in ZA Bank's mission to make investing simpler, more inclusive, and truly digital,” said Calvin Ng, chief executive of ZA Bank. “By expanding our platform, from funds and U.S. equities to crypto and now Hong Kong stocks, we're empowering individuals to take greater control of their financial futures.”

Users can now trade Hong Kong and U.S. stocks, buy mutual funds, and purchase cryptocurrencies through a single mobile app. The bank is offering zero commission fees for the first 30 days after customers activate stock trading services, along with cash rewards up to HKD 500 for new accounts and rebate coupons worth as much as HKD 1,000.

Fee Waivers Drive Customer Acquisition

ZA Bank has saved fund investors nearly HKD 700 million in fees since launching its fund service in August 2022, according to the bank. The lender charges no subscription fees for money market funds and 0.5% for bond funds, compared with industry standard rates around 5%.

The bank became the first licensed lender in Asia outside of West Asia to offer direct cryptocurrency-to-cash trading services to retail customers through its main app in November 2024. New crypto trading customers get 90 days of zero commission and platform fees.

Standard brokerage fees at ZA Bank run 0.1% of transaction value with a minimum HKD 35 charge per order for stock trades.

ZA Bank received its license from the Hong Kong Monetary Authority in 2019 as part of the city's push to encourage virtual banking. The bank operates as a subsidiary of ZA Global, a fintech and insurtech company founded in 2017.

Topics
ZA Bank
fintech
hong kong
About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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