Hang Seng Bank Ltd., a Hong Kong lender controlled by HSBC Holdings Plc, posted a jump in impairments in the first half, as ...

Fees and other income rose 34% during the period. Hang Seng Bank’s profit attributable to shareholders fell 30% to $876.45m ...

HSBC Holdings and Hang Seng Bank are expected to release interim reports this week as earnings season gears up.

Hang Seng Bank and BOC Hong Kong have a loan-to-deposit ratio of 77% and 71%, respectively. It shows that both banks, at its core of the business model, take in deposits and turn them into loans.

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

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 changes to the Hang Seng Index, a key gauge of Hong Kong’s $6 trillion-plus stock market, amount to one of the biggest revamps since it was launched in 1969.

Hang Seng Indexes Co. is considering wide-ranging changes to Hong Kong’s stock benchmark that would dilute the influence of its largest companies. The five proposals include maintaining “a ...