It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said. Hang Seng Bank (HSB) is fined HK$66.4m for reportedly overcharging clients, making inadequate disclosure of monetary benefits,

Hong Kong regulators have imposed a HK$66.4 million fine on Hang Seng Bank for misconduct related to how it sold investment products between 2014 and 2023. The Securities and Futures Commission (SFC) on Monday “reprimanded” Hang Sang Bank for what it described as “serious regulatory failures” linked to the financial institution’s sale of

The SFC found that the bank had engaged in serious misconduct, including excessive fees and soliciting clients for frequent transactions.

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The Hong Kong stock market has moved lower in two straight sessions, shedding more than 400 points or 2 percent along the way. The

HONG KONG, Jan. 24 (Xinhua) -- Hong Kong's stock market ended higher Friday with the benchmark Hang Seng Index up 1.86 percent to close at 20,066.19 points. The Hang Seng China Enterprises Index ...

Hang Seng Bank launched the "Plan smart for every dollar” (每一蚊 神部署) campaign to connect with Hong Kong's younger generation and empower them to own their financial futures.

World shares declined as U.S. stocks fell from record highs, with European markets also dropping. Hong Kong's Hang Seng gained due to a Chinese AI startup.

Prices of office buildings, shopping malls and other properties have fallen more than 40 per cent from their highs in 2018. Read more at straitstimes.com.

HONG KONG, Jan. 22 (Xinhua) -- Hong Kong's stock market ended lower Wednesday with the benchmark Hang Seng Index down 1.63 percent to close at 19,778.77 points. The Hang Seng China Enterprises ...

Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products. The Securities and Futures Commission (SFC) said the bank earned at least HK$22.

Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products.