(Reuters) - 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 ...

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 ...

Hang Seng Bank, a HSBC subsidiary Hong Kong–based banking and financial services company, has become one of the first banks ...

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 ...

It's not just European bourses that have been outperforming the U.S. in 2025. Hong Kong's Hang Seng equity index surged a further 3.3% on Thursday to hit levels last seen in mid February 2022. The ...

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 ...

Jefferies analyst Sam Wong maintained a Sell rating on Hang Seng Bank (HSNGF – Research Report) on March 7 and set a price target of HK$85.00.

The city’s Hang Seng benchmark has surged 21% since Trump assumed the presidency, making it the world’s top performer.

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

HONG KONG: China and Hong Kong stocks traded lower on Wednesday, pressured by consumer and tech shares, as investors locked ...