Wing Lung Bank, working with IBM China/Hong Kong Ltd., has become the first Chinese bank to launch an Internet banking service.

The on-line services, free to retail and corporate customers, include real-time property valuations, information on rates, and commentary on foreign exchange markets. Financial management tools include portfolio monitoring, calculators, and diary functions.

Customers can manage their accounts on-line through balance and transaction-detail inquiries, and can request checkbooks and statements.

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