TOPIC

/ company

Hang Seng Bank

Established in 1933 as a money-changing shop in Hong Kong, Hang Seng Bank is the second largest bank in Hong Kong. The bank is majority owned by the HSBC Group through The Hongkong and Shanghai Banking Corporation and is a Hang Seng Index constituent stock.

Chairman / President

Diana Ferreira CESAR

CEO / Managing Director

Diana Ferreira CESAR

CFO / Finance Director

SAW Say Pin

Industry

Finance and insurance

Website

hangseng.com

Headquarters address

83 Des Voeux Road, Central, Hong Kong

Stock Code

SEHK:0011
OTC Pink:HSNGY

Year founded

March 3, 1933

A view of Exchange Square in Central, home to Hong Kong’s stock exchange, on January 9, 2025. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks post longest win streak in 2 weeks

US consumer confidence dropped and retail sales remained sluggish, increasing bets on a US interest-rate cut at the Fed’s December meeting.

26 Nov 2025 - 4:31PM

Hong Kong stock market

Innovent, first Chinese firm to market weight-loss drug, joins Hang Seng Index

21 Nov 2025 - 9:01PM

Banking & finance

Hiring outlook improves for Hong Kong’s financial sector, recruiters say

19 Nov 2025 - 10:49AM

China stock market

Morgan Stanley predicts moderate gains in China stocks in 2026

First call by a Wall Street bank predicts gains between 3.4 and 4.6 per cent from current levels for gauges including the Hang Seng Index.

17 Nov 2025 - 1:30PM

An electronic board shows Shanghai, Shenzhen, and Hong Kong stock indices in Shanghai on April 7, 2025. Photo: Reuters

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Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

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6 Nov 2025 - 5:00PM

Hong Kong stock market

Hong Kong stocks edge lower as investors weigh AI-driven gains

Investors sway between optimism that massive AI investments will sustain earnings and concerns about whether elevated valuations will hold.

4 Nov 2025 - 5:09PM

Hong Kong property

Wheelock’s Wan Chai project sells out in 2 hours amid housing rebound

Hong Kong’s latest rate cut has revived buying appetite, with Wheelock’s Wan Chai project selling out amid easing borrowing costs.

2 Nov 2025 - 5:59PM

Anxious buyers snapped up all of Wheelock Property’s Spring Garden project within two hours. Photo: Jonathan Wong

Banking & finance

Hong Kong’s e-HKD better suited to wholesale use than retail, HKMA says

After latest trials, de facto central bank decides to focus development of the digital currency on applications for financial institutions.

29 Oct 2025 - 9:38AM

Banking & finance

HSBC’s third-quarter profit dips amid falling rates, property slump

Lender takes US$1 billion of expected credit losses, including US$200 million tied to commercial real estate in Hong Kong.

28 Oct 2025 - 4:17PM

Millionaires and billionaires

China minted a new billionaire a day last year, Hurun’s Rich List says

A record 1,434 individuals, each with a net worth of more than US$700 million, have made it onto Hurun’s list of China’s richest people.

28 Oct 2025 - 1:01PM

Zhong Shanshan has reclaimed the No 1 position this year after his fortune surged 56 per cent. Photo: Handout

Hong Kong property

Former Alibaba head Zhang Yong joins Hong Kong’s upscale home buying spree

Upmarket deals hit a 10-month high as investor scheme draws buyers, with nearly 80 pricey purchases in first 20 days of October.

28 Oct 2025 - 12:48PM

Zhang Yong, former chairman and CEO of Alibaba, is among the latest buyers of a luxury home in Hong Kong. Photo: Winson Wong

Banking & finance

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

The banking sector next year has more opportunities than challenges, HKMA’s chief executive says.

27 Oct 2025 - 1:40PM

Banking & finance

Letters | Not too late for the Hong Kong economy to diversify

Readers discuss the financial and economic landscape, the latest target of Hong Kong keyboard warriors, and nostalgia.

26 Oct 2025 - 11:30AM

China property

Chinese developer’s property management arm hit by share seizure in Hong Kong

More than 72 per cent of Redsun Services Group’s shares are seized as Chinese developer’s debt woes deepen after defaulting on a pledge.

24 Oct 2025 - 1:41PM

The seizure has “no significant impact” on the business operation, financial conditions and solvency of the company, according to Redsun Services Group. Photo: Handout

Mergers & Acquisitions

Hang Seng Bank appoints Somerley Capital to assess HSBC’s buyout offer

Somerley will provide its opinion to assist Hang Seng Bank’s independent board committee to evaluate HSBC’s proposal.

22 Oct 2025 - 8:28PM

HSBC announced a plan on October 9 to privatise its Hang Seng Bank subsidiary. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks post longest decline in 9 months on renewed US-China tensions

Markets react to Trump’s threat to impose a 100 per cent tariff on all Chinese imports and restrict critical software exports from November.

13 Oct 2025 - 4:59PM

Banking & finance

Opinion | Hong Kong’s finance sector enters new era with Hang Seng privatisation

The decision is a testament to the future of the city’s banking industry and a lesson in navigating uncertainty.

12 Oct 2025 - 5:40PM

Banking & finance

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

While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.

10 Oct 2025 - 6:09PMvideocam

Hong Kong property

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

Rising Thrive, an entity linked to Great Eagle’s executives, bought a 773 sq ft flat in Grand Mayfair in Kam Tin South.

10 Oct 2025 - 3:05PM

Hong Kong stock market

Hong Kong stocks post biggest weekly loss in 10 weeks

Tech giants Baidu, Tencent, Alibaba and JD.com weigh on Hang Seng Index.

10 Oct 2025 - 4:33PM

Banking & finance

Why is HSBC privatising Hang Seng Bank? It’s for efficiency, analysts say

The privatisation will lead to synergies, save costs and improve efficiency in terms of personnel and systems, Everbright’s Kenny Ng says.

10 Oct 2025 - 11:04AM

Hang Seng Bank’s impaired real estate loans surged 85 per cent year on year to HK$25 billion in the first half. Photo: Jelly Tse

Banking & finance

Editorial | Amid property slump, Hang Seng privatisation makes good business sense

The decision to retain Hang Seng as Hongkongers know it ensures the 92-year-old bank does not get swept into the dustbin of history.

10 Oct 2025 - 6:45AM

People wait in Hang Seng Bank’s headquarters in Central on October 9. Photo: Jelly Tse

Hong Kong property

Hong Kong’s Hang Seng Bank COO pays US$5.14 million for Happy Valley luxury flat

The transaction reflects a meaningful rebound in Hong Kong’s residential property segment, especially in high-end real estate.

9 Oct 2025 - 6:17PM

Banking & finance

Plan to privatise Hang Seng Bank elicits mixed reactions from customers

Some customers see no reason to worry as long as Hang Seng Bank ‘continues to provide good services’.

10 Oct 2025 - 6:02PMvideocam

Banking & finance

How Hong Kong’s Hang Seng Bank has evolved over the years

Hang Seng Bank started life as a small money-changing shop in 1933. It will now be privatised under a proposal floated by its parent, HSBC.

10 Oct 2025 - 6:03PMvideocam

Hang Seng Bank’s headquarters on 83 Des Voeux Road in Central, Hong Kong. Photo: K. Y. Cheng

Hong Kong stock market

Hong Kong stocks fall on disappointing ‘golden week’ retail sales in China

Hang Seng Bank’s shares jump as much as 41 per cent in early trading on a buyout proposal from parent HSBC.

9 Oct 2025 - 4:46PM

Travellers wait for trains at a railway station on Wednesday, the last day of the eight-day long national day holiday in Hangzhou in eastern China’s Zhejiang province. Photo: Chinatopix via AP

Banking & finance

HSBC to take Hang Seng Bank private in surprise bid for efficiency

HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.

10 Oct 2025 - 6:03PMvideocam

Banking & finance

Hong Kong banks battle for wealthy mainland clients during ‘golden week’ holiday

Hong Kong authorities estimate that as many as 1.54 million mainland visitors will cross the border during the eight-day holiday.

2 Oct 2025 - 11:55AM

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Hang Seng Bank

Hong Kong stocks post longest win streak in 2 weeks

US consumer confidence dropped and retail sales remained sluggish, increasing bets on a US interest-rate cut at the Fed’s December meeting.

Innovent, first Chinese firm to market weight-loss drug, joins Hang Seng Index

Hiring outlook improves for Hong Kong’s financial sector, recruiters say

Morgan Stanley predicts moderate gains in China stocks in 2026

First call by a Wall Street bank predicts gains between 3.4 and 4.6 per cent from current levels for gauges including the Hang Seng Index.

Ant Group affiliate OceanBase uses Hong Kong as hub to challenge Oracle

Oracle remains the world’s top database provider, but OceanBase has an infrastructure better suited for AI workloads, CEO says.

Hong Kong stocks edge lower as investors weigh AI-driven gains

Investors sway between optimism that massive AI investments will sustain earnings and concerns about whether elevated valuations will hold.

Wheelock’s Wan Chai project sells out in 2 hours amid housing rebound

Hong Kong’s latest rate cut has revived buying appetite, with Wheelock’s Wan Chai project selling out amid easing borrowing costs.

Hong Kong’s e-HKD better suited to wholesale use than retail, HKMA says

After latest trials, de facto central bank decides to focus development of the digital currency on applications for financial institutions.

HSBC’s third-quarter profit dips amid falling rates, property slump

Lender takes US$1 billion of expected credit losses, including US$200 million tied to commercial real estate in Hong Kong.

China minted a new billionaire a day last year, Hurun’s Rich List says

A record 1,434 individuals, each with a net worth of more than US$700 million, have made it onto Hurun’s list of China’s richest people.

Former Alibaba head Zhang Yong joins Hong Kong’s upscale home buying spree

Upmarket deals hit a 10-month high as investor scheme draws buyers, with nearly 80 pricey purchases in first 20 days of October.

.css-sioo19{color:#c79a00;}Exclusive | Property credit quality issues manageable for Hong Kong banks: HKMA’s Eddie Yue

The banking sector next year has more opportunities than challenges, HKMA’s chief executive says.

Letters | Not too late for the Hong Kong economy to diversify

Readers discuss the financial and economic landscape, the latest target of Hong Kong keyboard warriors, and nostalgia.

Chinese developer’s property management arm hit by share seizure in Hong Kong

More than 72 per cent of Redsun Services Group’s shares are seized as Chinese developer’s debt woes deepen after defaulting on a pledge.

Hang Seng Bank appoints Somerley Capital to assess HSBC’s buyout offer

Somerley will provide its opinion to assist Hang Seng Bank’s independent board committee to evaluate HSBC’s proposal.

Hong Kong stocks post longest decline in 9 months on renewed US-China tensions

Markets react to Trump’s threat to impose a 100 per cent tariff on all Chinese imports and restrict critical software exports from November.

.css-1m2rp1p{color:#34b8b5;}Opinion | Hong Kong’s finance sector enters new era with Hang Seng privatisation

The decision is a testament to the future of the city’s banking industry and a lesson in navigating uncertainty.

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

While the premium for Hang Seng Bank shares is huge, analysts debate if it is a win-win for investors and HSBC’s long-term value.

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

Rising Thrive, an entity linked to Great Eagle’s executives, bought a 773 sq ft flat in Grand Mayfair in Kam Tin South.

Hong Kong stocks post biggest weekly loss in 10 weeks

Tech giants Baidu, Tencent, Alibaba and JD.com weigh on Hang Seng Index.

Why is HSBC privatising Hang Seng Bank? It’s for efficiency, analysts say

The privatisation will lead to synergies, save costs and improve efficiency in terms of personnel and systems, Everbright’s Kenny Ng says.

Editorial | Amid property slump, Hang Seng privatisation makes good business sense

The decision to retain Hang Seng as Hongkongers know it ensures the 92-year-old bank does not get swept into the dustbin of history.

Hong Kong’s Hang Seng Bank COO pays US$5.14 million for Happy Valley luxury flat

The transaction reflects a meaningful rebound in Hong Kong’s residential property segment, especially in high-end real estate.

Plan to privatise Hang Seng Bank elicits mixed reactions from customers

Some customers see no reason to worry as long as Hang Seng Bank ‘continues to provide good services’.

How Hong Kong’s Hang Seng Bank has evolved over the years

Hang Seng Bank started life as a small money-changing shop in 1933. It will now be privatised under a proposal floated by its parent, HSBC.

Hong Kong stocks fall on disappointing ‘golden week’ retail sales in China

Hang Seng Bank’s shares jump as much as 41 per cent in early trading on a buyout proposal from parent HSBC.

HSBC to take Hang Seng Bank private in surprise bid for efficiency

HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.

Hong Kong banks battle for wealthy mainland clients during ‘golden week’ holiday

Hong Kong authorities estimate that as many as 1.54 million mainland visitors will cross the border during the eight-day holiday.

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

Opinion | Hong Kong’s finance sector enters new era with Hang Seng privatisation