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

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

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 ...

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 ...

HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...

The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.

Asian equities showed a mixed trend today, mirroring global economic uncertainty and investor hesitation. While a few markets ...

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 ...

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.