(Reuters) - Hong Kong-based Hang Seng Bank said on Wednesday Edward Cheng, chief of Wing Tai Properties, will succeed Irene Lee as the chairman of the board. Cheng is currently also the deputy ...

Although Hang Seng is only number four in the market, with a 7% market share of deposits versus 33% for HSBC, 16% for Bank of China Hong Kong, and 12% for Standard Chartered, its cost/income ratio ...

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 ...

It's not just European bourses that have been outperforming the U.S. in 2025. Hong Kong's Hang Seng equity index surged a further 3.3% on Thursday to hit levels last seen in mid February 2022. The ...

Hong Kong's Hang Seng index climbed 3.63% in its last hour of trade. Gains were led by the consumer and technology sectors as the city pledged in its budget announcement today to develop itself into ...

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for 2024, showing sustained growth momentum. The Bank saw a notable 26% ...

Hong Kong's Hang Seng Tech Index, which represents the 30 largest technology companies listed in Hong Kong, rallied over 4 percent during Friday's morning trading. The benchmark Hang Seng Index ...

Hong Kong's Hang Seng index climbed 3.63% in its last hour ... Raymond Yeung, greater China economist at ANZ Bank says the Hong Kong government will "run a fiscal deficit, not just this year ...

HONG KONG, Feb. 21 (Xinhua) -- Hong Kong's stocks rallied on Friday, with the benchmark Hang Seng Index hitting a new high in almost three years, as tech shares led the gains. The Hang Seng Index ...