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 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 ...

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

The Hong Kong Monetary Authority (HKMA) kept its base rate unchanged in lockstep with the US Federal Reserve, after the ...

HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank” to soak up the financial hub’s soured ...

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 ...

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