Hang Seng Bank

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Hang Seng Bank co-founder’s kin pays US$9.3 million for Hong Kong luxury flat

Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter…

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Breaking | Hong Kong follows US in quarter-point interest rate cut to reduce loans cost for borrowers

Hong Kong’s de facto central bank cut the base interest rate for the second time in six weeks, further reducing…

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Hong Kong sees 10-month high in upscale home sales, with former Alibaba CEO joining wave

Hong Kong is riding a 10-month high in transactions involving upmarket real estate deals, with former chairman and CEO of…

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Exclusive | Property credit quality issues manageable for Hong Kong banks, HKMA’s Eddie Yue says

Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by…

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Li Auto CEO tops Hong Kong’s highest-paid directors list for 2024: Webb-site

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a…

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Opinion | HSBC’s move to privatise Hang Seng a vote of confidence in Hong Kong

When HSBC announced its plan to privatise Hang Seng Bank for US$13.6 billion at a 30 per cent premium, the…

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Hong Kong developer Great Eagle’s executives jointly acquire US$1.5 million flat

Buyers connected to Hong Kong property developer Great Eagle Holdings have bought another home in the New Territories after snapping…

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Is HSBC’s US$13.6 billion buyout offer good enough for Hang Seng Bank investors?

HSBC Holdings’ US$13.6 billion bid to take full control of Hang Seng Bank could be enticing enough for investors to…

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Hong Kong stocks mirror Wall Street drop as AI bubble fears grow on excessive valuations

Hong Kong stocks fell on Friday, tracking a pause in Wall Street’s rally, driven by growing investor concerns that the…

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What’s behind HSBC’s privatisation of Hang Seng Bank? Drive for efficiency, analysts say

HSBC Holdings’ plan to take its Hang Seng Bank subsidiary private marked a key step in the UK lender’s strategic…

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