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 ...
Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board. Cheng is currently also the deputy chairman at Wing ...
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 ...
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...
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Cryptopolitan on MSNChinese stocks in Hong Kong near October high fueled by DeepSeek optimismThe Hang Seng China Enterprises Index rose as much as 2.7%, moving closer to surpassing its October high. Tech heavyweights ...
HONG KONG, Feb. 21 (Xinhua) -- Hong Kong's stocks rallied on Friday, with the benchmark Hang Seng Index hitting a new high in almost three years, as tech shares led the gains. The Hang Seng Index ...
Hong Kong's Hang Seng Tech Index, which represents the 30 largest technology companies listed in Hong Kong, rallied over 4 percent during Friday's morning trading. The benchmark Hang Seng Index ...
Hang Seng jumps on Alibaba’s earnings beat, while Nikkei falls below 150 as yen strengthens. US tariff threats add to market ...
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