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 ...

The Hong Kong Monetary Authority (HKMA) kept the base rate it charges via its overnight discount window unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady ...

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 ...