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

HONG KONG -- Bad loans are ballooning at Hong Kong-listed HSBC Holdings and its majority-owned Hang Seng Bank as the financial hub's commercial real estate slump weighs on the banking sector.

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

Hang Seng Bank reported a 30% drop in net profit for the first half of 2025, dragged by lower net interest income and increased provisions amid continuing economic uncertainties.

Regulators dismissed reports that lenders mulled creating a structure to take on their problem debt. But asset sales by ...

Surging investment into Hong Kong by mainland Chinese investors is increasing market liquidity and depth while strengthening ...

A key gauge of Chinese stocks traded in Hong Kong rose to its highest close since October 2021, boosted by easing ...

HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have ...

The city’s banks are coming under increasing pressure to offload loans backed by real estate assets. Read more at ...

Geographic diversification is clearly a strong motive, as mainland Chinese investors have limited avenues for owning overseas ...

Asian equities were broadly higher on Monday as investors assessed the implications of ongoing geopolitical tensions, steady ...

Hong Kong stocks kicked off the week’s trading on a strong note on Monday, with the benchmark extending the gain from a three ...