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 crossed 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.

“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.

This article was written by Damian Chmiel at www.financemagnates.com.

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