Dah Sing offers trade finance to HK TradeCard members

TradeCard''s missing link in its online trade transaction model is in place, but only in Hong Kong.

One of the missing links for TradeCard, a global online trade transaction settlement company, is about to slot in place. Dah Sing Bank has agreed to provide export finance to TradeCard users - albeit only those based in Hong Kong. Dah Sing will become the first Asian bank to provide online export financing via the TradeCard platform. This is the dawn of a new era in trade financing in Asia, says Derek Wong, managing director of Dah Sing.

Hong Kong is a well-regulated country it has the potential to be a financial centre like London and New York, says Wong. Hong Kong is also well-known for trade and has the...

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