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Topic: Hang Seng Bank


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  Hang Seng Bank - Wikipedia, the free encyclopedia
Hang Seng Bank Limited(恒生銀行有限公司) HKEx: 0011 or Hang Seng Bank (恒生銀行) is the second largest bank in Hong Kong.
Hang Seng is also one of the constituent shares of the Hang Seng Index.
This bank, insurance, or financial corporation article is a stub.
en.wikipedia.org /wiki/Hang_Seng_Bank   (199 words)

  
 HSBC - Wikipedia, the free encyclopedia
It is the largest bank in Hong Kong, and at the end of 2004 it was the third largest banking group in the world by Tier 1 capital [4].
The HSBC logo, known as the Hexagon, is derived from the Hongkong and Shanghai Banking Corporation's 19th Century house flag, itself derived from the the Scottish flag which is the angular cross that St.
The bank acquired a controlling interest in the local Hang Seng Bank in 1965 during a crisis of the latter.
en.wikipedia.org /wiki/HSBC   (2690 words)

  
 Hang Seng Index - Wikipedia, the free encyclopedia
Hang Seng Index (HSI, 恒生指數) is a capitalization-weighted stock market index in the Hong Kong Stock Exchange.
HSI was started on November 24, 1969, compiled and maintained by HSI Services Limited, which is a wholly-owned subsidiary of Hang Seng Bank, the second largest bank listed in Hong Kong in terms of market capitalisation.
The Hang Seng Composite Index Series (恒生綜合指數) was launched on October 3, 2001, targeting on providing a broad standard of the performance of the Hong Kong stock market.
en.wikipedia.org /wiki/Hang_Seng   (829 words)

  
 SAS Success Story: Hang Seng Bank   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank, Hong Kong's second-largest locally incorporated bank, has chosen SAS data mining technology to provide tailor-made services for its customers.
Executives at Hang Seng Bank understand that analytical customer relationship management (CRM) is the backbone of the decision-support system for managing individual client relationships.
Hang Seng conducted a detailed, nine-month evaluation process to pick the most suitable software.
www.sas.com /success/hangsengbank.html   (747 words)

  
 SAS...The Power to Know
Founded in 1933, Hang Seng Bank, a principal member of the HSBC group, operates 155 branches and automated banking centres in Hong Kong and four branches and two representative offices in mainland China, and serves more than one-third of Hong Kong's population.
Hang Seng Bank understands that analytical CRM is the backbone of the decision support system to help manage individual customer relationship.
The bank now has the option to conduct post campaign analysis on the efficiency of programs, and has a more scientific view of the result based on their historical data on different target groups and segments.
www.sas.com /offices/asiapacific/hongkong/successful_story/hangseng.html   (750 words)

  
 Bloomberg.com: Top Worldwide
Hang Seng Chief Executive Vincent Cheng, 56, is expanding operations in China, the world's fastest-growing major economy, to compensate for a market where competition has increased, lending has dropped and margins have narrowed in the six years since he took the top job.
Hang Seng, which is 62 percent owned by HSBC Holdings Plc, has a bad loan ratio of 2.3 percent, the lowest among the city's biggest banks.
Hang Seng increased its lending at China branches by 77 percent to HK$3.8 billion in 2003.
quote.bloomberg.com /apps/news?pid=10000006&sid=ah0haYqyKSJI&refer=home   (802 words)

  
 hang seng bank and Stock Trading at TradeStars + Stock Trading   (Site not responding. Last check: 2007-10-08)
hang seng bank and stock trading - the leading source of information on hang seng bank in the quickest time possible with standard definitons to help you.
We, of course, are interested primarily in hang seng bankstock markets, which may actually be the most perfect of all markets, due to varied, and range from people like you, trading for themselves, all the way up to billion dollar hang seng bank funds managed by time, the answer is a guarded yes.
The general rise in will continue climbing or falling in value for hang seng bank the seconds major problems and abuses in the hang seng bank industry and summarizes the legal actions brought to date.
www.tradestars.com /content/hang-seng-bank.asp   (278 words)

  
 People's Daily Online -- Hang Seng Bank to offer 90 pct mortgages   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank is the first bank to enter into such an arrangement with the HKMC.
Hang Seng Bank's Managing Director and General Manager Mok Wai-kin said Tuesday at a press conference that the bank has seen rising demand for 90 percent loans in light of the improved sentiment in the property market.
As most banks have become familiar with the program's eligibility criteria and underwriting standard, the corporation is confident that it can delegate the underwriting of the more straight forward applicationsto the originating banks without affecting the asset quality of the insured mortgages.
english.peopledaily.com.cn /200404/21/eng20040421_141031.shtml   (329 words)

  
 Hang Seng Bank takes to the net with HP: World Finance Vol. 10, Issue 1   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank has chosen HP's Secure NetPayment solution to enable its merchants to accept credit card payment on the Internet using the SET and SSL protocols.
It represents a major milestone for Hang Seng Bank, for HP and importantly, for Hong Kong's merchants who will be able to adopt this system with their existing hardware and software platforms.
We are delighted to be able to provide this state-of-the-art solution to Hang Seng, a leading bank in Hong Kong, and we are proud to be associated with the bank's drive towards e-commerce.
hp.com /solutions1/financialservices/library/wf10_1/wf101_hangseng.html   (463 words)

  
 Banking Study
Hang Seng Bank is also appealing being as it is the only bank operating branch services in MTR stations, including Airport Express stations.
The bank operates a total of 48 branches/automated banking centers in MTR stations and there is at least one branch/automated banking center in every station.
Hang Seng bank currently hold 150 branches in Hong Kong and mainland China.
oak.cats.ohiou.edu /~sb176799/esp/hk3.htm   (1096 words)

  
 Hang Seng School of Commerce - Wikipedia, the free encyclopedia
Hang Seng School of Commerce was founded in 1980 with funding from Hang Seng Bank, the S.H. Ho Foundation and several Hang Seng Back directors.
The A-level section is now operated under the Education and Manpower Bureau's Direct Subsidy Scheme while the ABA Programme is self-funding and non-profit-making.
Hang Seng School of Commerce - 2005 AL results
en.wikipedia.org /wiki/Hang_Seng_School_of_Commerce   (156 words)

  
 Hang Seng Bank - Banking - Let's Find Directory   (Site not responding. Last check: 2007-10-08)
The Bank operates branches in Guangzhou, Shanghai, Shenzhen, Fuzhou and Nanjing; a sub-branch in Shanghai and representative offices in Beijing, Xiamen and Taiwan.
Hang Seng Bank is a principal member of the HSBC Group, which is among the world's largest financial services organisations and holds a 62.14% equity interest in the Bank.
We are among the 33 constituent stocks of the Hang Seng Index, a benchmark index that tracks the performance of the Hong Kong stock market.
www.letsfind.co.uk /business-and-economy/financial-services/banking/hang-seng-bank.html   (309 words)

  
 Hang Seng Index
Hang Seng Index (恒生指數)(HSI) is a capitalization-weighted stock market index in the Hong Kong Stock Exchange.
The constituent stocks that form the Hang Seng Index are:
The Hang Seng Composite Index Series was launched on 3 October 2001, targeting on providing a broad standard of the performance of the Hong Kong stock market.
www.guajara.com /wiki/en/wikipedia/h/ha/hang_seng_index.html   (529 words)

  
 Welcome to JCB International!
Hang Seng's innovative products have always been successful and well received by the public.
Founded in 1933, Hang Seng Bank is a principal member of the HSBC Group and the second largest listed bank in Hong Kong in terms of market capitalisation.
It operates 159 branches and automated banking centres in Hong Kong; a branch in Macau; and a network of five branches (in Shanghai, Guangzhou, Shenzhen, Fuzhou and Nanjing), a sub-branch (in Shanghai) and two representative offices (in Beijing and Xiamen) in mainland China.
www.jcbinternational.com /htm/about/releases/20040617.htm   (634 words)

  
 People's Daily Online -- Hang Seng Bank: More investment needed in HK   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank: More investment needed in HK Hong Kong needs more investmentto ensure continued economic growth, Hang Sang bank said in its latest economic review released on Wednesday.
The bank said Hong Kong should not miss the opportunity to encourage investment by undertaking such measures as the abolitionof the estate duty as announced in the budget speech in order to ensure sustained economic growth for Hong Kong.
Hang Seng bank is the second largest listed-bank in Hong Kong in terms of market capitalization.
english.peopledaily.com.cn /200503/31/eng20050331_178822.html   (320 words)

  
 Hang Seng Bank upgrades 2004 GDP forecast for HK   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank upgrades 2004 GDP forecast for HK Hang Seng Bank announced on Wednesday its upgraded 2004 GDP forecast for Hong Kong from 4 percent to 5.5 percent in real terms.
Hang Seng Bank announced on Wednesday its upgraded 2004 GDP forecast for Hong Kong from 4 percent to 5.5 percent in real terms.
The Bank said it is cautious about the strength of domestic demand in the second half of the year, therefore, the forecast, nonetheless, is a shade lower than the official forecast by the government at 6 percent.
english.peopledaily.com.cn /200403/11/eng20040311_137155.shtml   (371 words)

  
 CNN.com - China bank joining Hang Seng index - Nov. 11, 2002
Its parent, the Bank of China, is one of China's four big state-owned banks and the only one yet to achieve an overseas listing.
It was fined a total of $20 million by U.S. and Chinese banking authorities in January for irregular lending at its New York office, and also revealed million-dollar fraud in its Guangdong operations.
Wang, the former head of the bank's New York operations, left the bank at the start of 2000 and in January was removed from his Chinese banking positions.
archives.cnn.com /2002/BUSINESS/asia/11/11/china.banking.biz   (680 words)

  
 Asiaweek.com
Hang Seng is adding new lines, particularly fee-based services, to its core retail mortgage and trade finance businesses.
The Mondex card Hang Seng and Hongkong Bank plan to issue to their customers has a chip that allows users to electronically top up the card's stored cash value from their accounts through ATM machines.
Hang Seng and Hongkong Bank are interested in the video-on-demand service being developed by Hongkong Telecom, which hopes to transmit movies and shows through a phone line to a subscriber's TV next year.
www.pathfinder.com /asiaweek/96/1206/biz3.html   (1487 words)

  
 Hang Seng Bank AGM 2003   (Site not responding. Last check: 2007-10-08)
Ho Tim, a director of HSB, is Honorary Chairman of Miramar and a director of King Fook.
The older Lee had been a director of HSB since 1986, so the younger is carrying on a "family tradition of being independent", you might say.
We note that the general mandate sought by HSB is limited to 10% of issued shares, rather than the 20% common in Hong Kong, but this still falls short of the 5% standard set in the UK, where HSB's parent is listed.
www.webb-site.com /articles/0011agm2003.htm   (842 words)

  
 Asiaweek.com | HSBC's Unique Cash Cow | 1/26/2001
Though the Hang Seng Bank is a subsidiary of global financial giant HSBC, the fact is not self-evident.
Indeed, Hang Seng is one of very few subsidiaries that doesn't have the parent group's initials or red-and-white hexagonal logo tacked onto its label.
Hang Seng, as part of a global group, is capable of competing on that level.
www.pathfinder.com /asiaweek/magazine/nations/0,8782,95659,00.html   (711 words)

  
 Go Asia Pacific Breaking News Asia - Hang Seng Bank increases stake in mainland bank   (Site not responding. Last check: 2007-10-08)
Hong Kong's Hang Seng Bank will pay $US208 million for a 16 per cent stake in China's Industrial Bank, making it the first foreign investor to own more than a 15 percent stake in a mainland bank.
Hang Seng Bank will be the second largest shareholder in Industrial bank after the Fujian provincial government, which has a 34 per cent shareholding.
The China Banking Regulatory Commission in early December raised the limit on foreign shareholdings in domestic banks to 20 percent from 15 percent.
www.abc.net.au /asiapacific/news/GoAsiaPacificBNA_1012830.htm   (164 words)

  
 Bloomberg.com: Asia
Hang Seng Bank's net income in the first six months rose to HK$6.245 billion ($800.7 million) or HK$3.27 from HK$5.02 billion or HK$2.63 a share a year ago.
Hang Seng, which is 62 percent owned by HSBC Holdings Plc, cut its bad loan ratio to 1.6 percent, the lowest amongst the city's biggest banks, from 2.3 percent at the end of last year.
Hang Seng increased income from selling wealth management products by 29.6 percent to HK$1.8 billion or about 54 percent of its other operating income.
quote.bloomberg.com /apps/news?pid=10000080&sid=ahIn2f_1lEIQ&refer=asia   (684 words)

  
 CNN.com - HSBC, Hang Seng Bank profits lower than hoped - February 26, 2001
HSBC shares fells nearly 5 percent when the bank reported a pre-tax profit of $9.775 billion for 2000 after amortizing the goodwill on two acquisitions -- not quite meeting analyst estimates of $10.45 billion.
The bank, which combined forces with Merrill Lynch last year in a joint venture for online broking and banking service for the mass-affluent, said the integration for the former Republic New York and Safra businesses went smoothly in 2000 and there was negligible customer attrition.
Shares of Hang Seng Bank closed 1.46 percent lower on Monday at HK$101.50, ahead of the results announcement.
edition.cnn.com /2001/WORLD/asiapcf/southeast/02/26/hk.hsbcresults   (452 words)

  
 Hang Seng Bank to open rep office in Taiwan   (Site not responding. Last check: 2007-10-08)
After Hang Seng Bank sets up its office in Taipei, the number of such offices in Taiwan owned by foreign banks will reach 17, ranking ministry officials said.
Hang Seng Bank was organized in Hong Kong in 1933 and formally registered as a limited firm in 1952.
The bank's capital adequacy ratio stood at 11.9 percent as of the end of 2000.
www.taiwanheadlines.com /20011219/20011219b5.html   (232 words)

  
 BROKER CALL Hang Seng Bank's fee income may remain weak in H2 - Morgan Stanley - Forbes.com   (Site not responding. Last check: 2007-10-08)
HONG KONG (AFX) - Hang Seng Bank's fee income in the first half was weak as expected as higher rates affected revenues in wealth management business, and it is likely to 'continue to represent a challenge in the second half,' Morgan Stanley said.
Hang Seng Bank is trading at 19 times earnings and 5.3 times book for 2005.
Hang Seng Bank is a unit of the HSBC group.
www.forbes.com /home_asia/feeds/afx/2005/08/02/afx2166551.html   (616 words)

  
 Hang Seng Bank to Launch Personal E-Banking In Mainland   (Site not responding. Last check: 2007-10-08)
Vincent Cheng, vice-chairman and chief executive of the Hang Seng Bank, said: "Our Personal e-Banking services in the mainland will enhance our services and help maximize the acquisition of new customers." "This is an important step forward in our plan to eventually become one of the most prominent foreign banks in the mainland," he added.
Founded in 1933, Hang Seng Bank, a principal member of the HSBC Group, is the second largest listed bank in Hong Kong in terms of market capitalization.
It operates 158 branches and automated banking centers in Hong Kong, and a network of six branches and representative offices in the Chinese mainland.
ce.cei.gov.cn /enew/new_g1/n200gls7.htm   (216 words)

  
 Hang Seng Bank - Encyclopedia, History, Geography and Biography   (Site not responding. Last check: 2007-10-08)
Hang Seng Bank - Encyclopedia, History, Geography and Biography
Hang Seng Bank Limited(恆生銀行有限公司) is the second largest bank in Hong Kong.
Hang Seng Bank, See also, External link, Banks of Hong Kong and HSBC.
www.arikah.net /encyclopedia/Hang_Seng_Bank_Ltd   (169 words)

  
 HSBC in HKSAR
Its headquarters are in the Hong Kong SAR, where it is the leading commercial bank, operating a network of 220 branches that serves three-quarters of the territory’s adult population.
Hang Seng Bank is a member of the HSBC Group, which holds a 62.14% equity interest in the Bank.
Hang Seng Bank is Hong Kong's second-largest home-grown bank, and is among the six largest publicly-listed companies in Hong Kong.
www.hsbc.com /hsbc/about_hsbc/international-networks/asia-pacific/hong-kong-sar   (294 words)

  
 GrandPrix.com > GP Encyclopedia > Sponsors > Hong Kong & Shanghai Bank
Two years later the bank came under the control of the Hong Kong legislative council, of which Sutherland was a member, and was granted a special ordinance by the British government.
The bank he had established had a very unstable early career but under the management of Sir Thomas Jackson in the 1880s it grew in stature and soon became the British government's bank in the Orient.
This was followed by the purchase of the Hang Seng Bank in 1965 and diversification into new areas of banking.
www.grandprix.com /gpe/spon-022.html   (540 words)

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