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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 ...
HSBC subsidiary Hang Seng Bank appointed Gilbert Lee Man-lung, the eldest son of Hong Kong Chief Executive John Lee Ka-chiu, as deputy head of its China unit. The lender said that it would promote ...
Top Fed officials say the US central bank could respond to signs of economic weakness and lower rates as early as June.
Hong Kong's stock market ended higher on Tuesday, the first day of trading after the Easter break, with the benchmark Hang Seng Index up 0.78 percent to close at 21,562.32 points. The Hang Seng ...
Hong Kong stocks experienced their biggest drop since 1997 on Monday after Beijing fired back at U.S. tariffs with its own trade levies, deepening market turmoil amid fears of a widening trade war, ...
Peter Brien, Chairman and Independent Non-Executive Director of Chinachem Group Holdings Limited, says, "This triple-themed ...
The Hang Seng Tech index, which tracks the some of the largest mainland Chinese technology companies listed in Hong Kong, is down more than 12% since its March 18 high, having dropping over 3% Monday.
Investors in Hong Kong are voicing their own concerns as the territory's Hang Seng index dropped by 13.22 percent on Monday. One investor said he believes shares could fall further, adding that he ...
The financial hub’s benchmark Hang Seng Index closed down 13.22 percent on Monday, after plunging as much as 13.74 percent during the day. It was the sharpest plunge for Hong Kong stocks since ...
HONG KONG: China and Hong Kong stocks rose on Friday and were heading towards second consecutive weekly gains, as sentiment ...