HSBC’s Hang Seng Bank Posts Surge in HK Property Impairments
Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, recorded a surge in credit impairment on commercial ...
Hong Kong's Hang Seng Bank names new chairman
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.
Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Hang Seng Bank, Hong Kong's Fourth Largest, Is a Listed Subsidiary of HSBC
Hang Seng Bank is well capitalized and in solid financial shape. Even after recording large provisions in 2022 and 2023 for its exposure to mainland China commercial real estate, its common equity ...
Hang Seng Index Hits Six-Week Streak on Earnings and Stimulus Hopes – Weekly Recap
Tech stocks fuel Hang Seng’s surge as China shifts to domestic growth, while US stocks slump on tariff fears and weak PMI ...
Hang Seng Bank (HSNGF) was upgraded to a Hold Rating at Goldman Sachs
Hang Seng Bank (HSNGF – Research Report) received a Hold rating and price target from Goldman Sachs analyst Gurpreet Singh today. The ...
Hang Seng Index Gains on Alibaba, Bilibili Earnings; Nikkei Falls on Yen Strength
Hang Seng jumps on Alibaba’s earnings beat, while Nikkei falls below 150 as yen strengthens. US tariff threats add to market ...
Hang Seng Bank Posts Mixed Full-Year Results, Names New Chairman
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.
Hong Kong shares hit three-year highs as investors weigh Japan inflation data, Trump tariff threats
Investors will be keeping an eye on the Japanese yen, which rose to a more than two-month high of 150.52 per U.S. dollar on ...
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Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum
HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for ...
HSBC to redeploy US$1.5 billion to Hong Kong, Asia from 'low-return' markets as CEO cuts costs
HSBC Holdings said it would invest more resources in Hong Kong's wealth-management products and services in the coming years, as the city's biggest commercial bank restructures to cut costs and grow ...
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...