Beijing allows Hong Kong banks to issue credit cards on mainland from March 1
The new rules will benefit lenders such as HSBC, Standard Chartered, Bank of East Asia and Hang Seng Bank, analysts say.
Hang Seng Bank (HSNGF) was upgraded to a Hold Rating at Goldman Sachs
Hang Seng Bank (HSNGF – Research Report) received a Hold rating and price target from Goldman Sachs analyst Gurpreet Singh today. The ...
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs, source says
HSBC , has laid off around 40 investment bankers in Hong Kong, according to a person with direct knowledge of the matter, as ...
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Hong Kong's SFC fines Hang Seng Bank US$8.5 million for misconduct
Hong Kong's markets watchdog has fined Hang Seng Bank HK$66.4 million (US$8.5 million) for regulatory failures and overcharging clients. The Securities and Futures Commission (SFC) said on ...
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Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum
HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for ...
Hang Seng Index Gains on Alibaba, Bilibili Earnings; Nikkei Falls on Yen Strength
Hang Seng jumps on Alibaba’s earnings beat, while Nikkei falls below 150 as yen strengthens. US tariff threats add to market ...
HSBC to redeploy US$1.5 billion to Hong Kong, Asia from 'low-return' markets as CEO cuts costs
HSBC Holdings said it would invest more resources in Hong Kong's wealth-management products and services in the coming years, as the city's biggest commercial bank restructures to cut costs and grow ...