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Hang Seng Bank Ltd., the Hong Kong lender majority-owned by HSBC Holdings Plc, said first-half profit rose 8.4 percent after it earned more fee income from its wealth-management unit. Net income ...

Hang Seng Bank Ltd., the Hong Kong-based lender backed by HSBC Holdings Plc, posted a 14 percent increase in full-year profit as fee income advanced and costs related to bad loans dropped.

Hang Seng's mainland business was hurt by Industrial Bank, causing net profit before tax of the mainland business to dive 98 per cent. Excluding Industrial Bank, operating profit before tax was up ...

The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake. Hang Seng Bank Ltd has maintained ...

HONG KONG -- Hang Seng Bank Ltd. reported a 29% decline in first-half net profit and said it expects the business environment to remain challenging until next year. The bank, which is 62%-owned by ...

HONG KONG (MarketWatch) -- Hang Seng Bank Ltd. (0011.HK), Hong ... after reporting a modest 2.2% growth in first-half net profit. The bank, 62%-owned by HSBC Holdings PLC HBC, , said its net ...

The Hang Seng Index now sits just above the 20,075-point ... Industrial and Commercial Bank of China collected 1.60 percent, JD.com surged 4.17 percent, Lenovo climbed 1.59 percent, Li Ning ...

SHANGHAI, March 13 (Reuters) - Hang Seng Bank <0011.HK> sees pre-tax profit from its China business posting double-digit growth this year, reversing a downtrend in 2008, with lending operations as ...

Hang Seng Bank Ltd primarily generates its profits in Hong Kong and mainland China. Since 1965, HSBC has been its majority shareholder, owning a controlling 62% stake. Hang Seng Bank Ltd's ...