Hang Seng Bank

New Business

Hang Seng says it has ‘provided for’ rising bad loans in Hong Kong’s property market slump

Hang Seng Bank remains financially healthy, as the extra provisions and collateral provided by borrowers are sufficient to withstand the…

Read More »
New Business

Hong Kong stocks take a breather ahead of Fed decision and earnings reports

Caution returned to Hong Kong stocks as the city’s benchmark fell from its highest point in more than three years,…

Read More »
New Business

Top Hong Kong women CEOs talk about the beloved school that fuelled their success

When Bonnie Chan Yiting interviewed for the top job at Hong Kong Stock Exchanges and Clearing (HKEX), she recited a…

Read More »
New Business

China Vanke’s Hong Kong unit sees strong sales in Tai Po project despite mortgage concerns

China Vanke sold nearly all of the more than 200 units on offer at its Le Mont project on the…

Read More »
New Business

Hong Kong property: Winland’s 5 asset sales show more distress in store

More financially stressed property owners are putting their assets in Hong Kong up for sale at big discounts this year…

Read More »
New Business

Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns

Hong Kong banks were likely to be more selective in extending credit to developers amid a prolonged property slump that…

Read More »
New Business

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…

Read More »
New Business

Hong Kong’s property market to maintain momentum after deals hit 3-year high

Hong Kong’s property transactions are expected to gather pace after hitting a three-year high in 2024 on the back of…

Read More »
New Business

Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

Read More »
New Business

New World Development loses blue-chip status in ejection from Hang Seng Index

The city’s most indebted home builder joined the HSI in 1973, just a year after it went public. It was…

Read More »
Back to top button