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Hang Seng Bank Limited ( Chinese: 恒生銀行有限公司) is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank. [2]
HSBC is one of the three commercial banks which are authorised to issue banknotes for Hong Kong - the other two being the Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong). [6] Of the total notes in circulation measured by value, HSBC is the most prolific issuer, its notes representing 67.7% of those in issue.
History. Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
hsbc .com. HSBC Holdings plc ( Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
After the station was demolished, the land was sold on 29 May 1987 to Hang Seng Bank for $840 million. At $37,197 per square foot, the site was Hong Kong's most expensive when it was sold. The new bank headquarters was designed by Wong & Ouyang (HK) Ltd. It cost $1.84 billion and opened in 1991.
Jian Sing Bank Limited. Kincheng Banking Corporation. Kwangtung Provincial Bank. Kwong On Bank. Mercantile Bank of India, London and China, Hong Kong branch. Mingde Bank. National Bank of China. National Commercial Bank Limited. National Industrial Bank of China.
Wing Lung Bank, Furama Hotel Enterprises, Miramar Hotel and Investment. Ho Sin Hang ( Chinese: 何善衡; pinyin: Hé Shànhéng; Jyutping: ho4 sin6 hang4; 1900 – 4 December 1997), also known as S. H. Ho and He Shanheng, was a Hong Kong entrepreneur, philanthropist and financier. He co-founded Hang Seng Bank in 1933, and served as its chairman.
The securities eligible for the CAS include all constituents of the Hang Seng Composite LargeCap, MidCap and SmallCap indices, H shares which have corresponding A shares listed on a mainland exchange and all exchange traded funds. It also includes some regulated short-selling orders.
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