It is one of the first banks to participate in the facility. Hang Seng Bank is participating in the Renminbi Trade Financing ...

Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans. Hang Seng Bank has welcomed the recently announced ...

Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...

Although Hang Seng is only number four in the market, with a 7% market share of deposits versus 33% for HSBC, 16% for Bank of China Hong Kong, and 12% for Standard Chartered, its cost/income ratio ...

The 18 Hong Kong banks comprising the territory’s joint task force on lending to small and midsize enterprises (SMEs) have ...

Feb 19 (Reuters) - Hong Kong-based Hang Seng Bank (0011.HK), opens new tab said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board.

Hang Seng Bank saw its shares drop 4% in Hong Kong on Feb. 19 after reporting an annualized return on equity of 10.0% for the second half of 2024 and declaring a year-end dividend of HKD 3.2 per ...

Hong Kong's Hang Seng index climbed 3.63% in its last hour of trade. Gains were led by the consumer and technology sectors as the city pledged in its budget announcement today to develop itself into ...

In a statement after the market closed, Hang Seng Bank said its chairwoman, Irene Lee, will retire after being on the board for around 11 years.

The combined wealth of tycoons on the 2025 Forbes list of Hong Kong’s 50 Richest edged up to US$301 billion from $296 billion last year.

Hong Kong stocks rally on AI optimism, while mainland China markets edge higher amid lingering trade war fears.

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for 2024, showing sustained growth momentum. The Bank saw a notable 26% ...