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Ping An Digital Bank Deepens Purchase Order Financing Scenarios, Expands into Service Trade Financing Market

Asia Pacific

Ping An Digital Bank Deepens Purchase Order Financing Scenarios, Expands into Service Trade Financing Market
Asia Pacific

Asia Pacific

Ping An Digital Bank Deepens Purchase Order Financing Scenarios, Expands into Service Trade Financing Market

2026-11-12 14:52 Last Updated At:15:06

Trusted Partner for Cross-Border Trade Enterprises Empowering SMEs to Stay One Step Ahead in Global Expansion

HONG KONG SAR - Media OutReach Newswire - 12 November 2026 - Ping An Digital Bank (International) Limited ("Ping An Digital Bank" / "PingAnDB"), a trusted partner for trade enterprises and cross-border e-commerce merchants, is committed to becoming the preferred bank for trade SMEs. By leveraging alternative data and financial technology to optimise credit assessment and loan workflows, Ping An Digital Bank empowers SMEs to take a critical step toward global expansion. Building upon the recent launch of its Purchase Order Financing product, tailored for cross-border e-commerce, Ping An Digital Bank is expanding the product's application scenarios beyond traditional goods trade into service trade financing. Requiring no physical collateral, eligible enterprises can secure financing simply by presenting valid invoices, directly addresses the need for fast-moving, high-frequency working capital in today's digital economy.

Mr. Thomas Tung, Chief Business Officer of Ping An Digital Bank, said, "Demand for service trade has grown exponentially in recent years. As more enterprises scale globally, we see surging market demand across logistics service, advertising campaigns, and AI solutions, making service trade financing a new strategic focus for Ping An Digital Bank. Serving as a dedicated partner to trade enterprises and cross-border e-commerce merchants, PingAnDB has consistently applied financial technology to empower SMEs. By deepening our Purchase Order Financing product, we have established a dual-track model of 'Goods Trade + Service Trade' that supports the working capital needs of diverse trade formats. This creates a more robust cross-border trade financing ecosystem. Combining our proprietary technology with deep industry expertise, we stand ready to lead cross-border trading SMEs onto the international stage."

Designed to address the surging demand for service trade driven by the booming digital economy, Ping An Digital Bank's "Purchase Order Financing – Service Trade Solution" is specifically designed for service providers to obtain working capital quickly and capture dynamic market opportunities. Applicants can secure financing simply by providing eligible invoices and proof of service delivery. Financing of up to USD 5 million is available per buyer, with flexible repayment terms of up to 90 days, and disbursements as fast as the same business day.

Looking ahead, Ping An Digital Bank will continue to uphold its mission, "Always with You. Always Ahead." PingAnDB will continue to harness fintech capabilities to empower SMEs, enhance the trade financing experience through data intelligence, and roll out innovative solutions to dismantle traditional borrowing barriers. By providing powerful financial backing at every key point across the trade lifecycle – serving as a solid pillar for trade enterprises and cross-border e-commerce merchants alike – Ping An Digital Bank remains dedicated to leading SMEs onto the international stage.

Hashtag: #PingAnDB #PurchaseOrderFinancing #ServiceTradeFinancing

The issuer is solely responsible for the content of this announcement.

Ping An Digital Bank

Ping An Digital Bank (International) Limited ("Ping An Digital Bank," "PingAnDB") is a wholly-owned subsidiary of Lufax Holding Ltd ("Lufax") (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. ("Ping An") (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An's advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group's integrated financial platform in Hong Kong.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

HONG KONG SAR / SINGAPORE – Media OutReach Newswire – 12 November 2026 – Hongkong Land Holdings Limited ("Hongkong Land" or "the Group") today announced that LANDMARK Orchard will be the new name for Wheelock Place in Singapore. The property was acquired by Hongkong Land's Singapore Central Private Real Estate Fund (SCPREF) in August 2026, the fund's first acquisition since its establishment in February 2026.

Hongkong Land Unveils LANDMARK Orchard as New Name for Wheelock Place

Hongkong Land Unveils LANDMARK Orchard as New Name for Wheelock Place

The introduction of LANDMARK Orchard marks the first use of the LANDMARK name beyond Hong Kong. LANDMARK in Hong Kong sits at the centre of the Group's Central portfolio and is currently undergoing a major transformation through the more than US$1 billion Tomorrow's CENTRAL programme. Hongkong Land will look to enhance LANDMARK Orchard, drawing on its extensive experience investing in and managing premium commercial properties across Asia.

Hongkong Land Unveils LANDMARK Orchard as New Name for Wheelock Place

Hongkong Land Unveils LANDMARK Orchard as New Name for Wheelock Place

Foo Pei Teng, Chief Executive of SCPREF said: "This is the first time Hongkong Land has brought the LANDMARK name outside Hong Kong. The name LANDMARK Orchard reflects our commitment to the quality of experience we will create for tenants, visitors and the wider community through this property. Hongkong Land has a long history of investment in its assets and we look forward to bringing that long-term investment approach to LANDMARK Orchard."

The renaming marks a new chapter for the property following its acquisition by SCPREF, building on its more than 30-year presence on Orchard Road. LANDMARK Orchard is a premium mixed-use commercial property comprising office and retail space, with direct connectivity to Orchard MRT station. It will continue to serve its existing office and retail community under its new name from 12 November.Hashtag: #HongkongLand

The issuer is solely responsible for the content of this announcement.

Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land's ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world's foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

Singapore Central Private Real Estate Fund

Singapore Central Private Real Estate Fund ("SCPREF") is Hongkong Land's inaugural private real estate fund, with a focus on ultra-premium integrated commercial properties in Singapore. At inception, the fund has an initial portfolio of four premium commercial assets, situated within the Marina Bay and Marina Centre districts. Asia Square Tower 1, Marina Bay Financial Centre Towers 1 & 2, One Raffles Quay and One Raffles Link are anchored by leading global Financial Institutions, Technology, Media and Telecommunications, and Professional Services firms. These assets are strategically located within Singapore's Central Business District, offering integrated access to multiple MRT stations and a broad ecosystem of amenities including residences, hotels, event facilities, retail and dining options.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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