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

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 that between February 2014 and May 2023,

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.

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 ...

HONG KONG, Jan. 23 (Xinhua) -- Hong Kong stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.40 percent to close at 19,700.56 points. The Hang Seng China Enterprises ...

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.

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.

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan.

Hong Kong’s securities regulator said on Monday (Jan 27) it had fined Hang Seng Bank US$8.52 million for overcharging its clients while selling investment products. Read more at The Business Times.

TSX futures followed sentiment lower even as investors looked ahead to an expected Bank of Canada rate cut on Wednesday. As The Globe’s Mark Rendell reports, the country is bracing for a trade war with the United States that could push our economy into a recession and raise consumer prices.