Hang Seng Bank

Hang Seng Bank shareholders to vote on HSBC buyout proposal on January 8

15 Dec 2025 - 4:49PMvideocam

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

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

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

Hong Kong benchmark expands membership to 89 after the inclusion of Innovent Biologics.

21 Nov 2025 - 9:01PM

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

Upbeat equity markets have increased demand for finance professionals, with hiring set to rise by up to 15 per cent next year.

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

Ant Group

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.

6 Nov 2025 - 5:00PM

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

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

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

A woman walks past a currency exchange shop in Causeway Bay with a painting of a bank vault on its gate on May 5, 2024. Photo: Jelly Tse

Millionaires and billionaires

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

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

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

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

HKMA chief executive Eddie Yue says Hong Kong’s banking sector has a strong capital ratio and is very profitable. Photo: Edmond So

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

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 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

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

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 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

An illustration of Grand Mayfair II. A three-bedroom unit at the project sold for nearly HK$12 million to Rising Thrive Limited, among whose directors is a son of Great Eagle chairman Lo Ka-shui. Photo: Handout

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

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

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’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

General view of Hong Kong’s Happy Valley. Photo: Dickson Lee

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