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 ...

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

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.

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% ...

Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.

Hedge funds' willingness to boost bets on Asian stocks last week rose to its highest level on Goldman Sachs record since 2016 ...

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 ...

Asia-Pacific markets fell on Tuesday as renewed trade war concerns and monetary policy shifts dampened investor sentiment.