Hang Seng Bank

Hong Kong-based Hang Seng Bank is a provider of banking and financial services with headquarters in Hong Kong. It belongs to the HSBC Group, which owns a majority equity interest in the bank and is one of the top publicly traded corporations in Hong Kong in terms of market capitalization.

Retail banking, wealth management, commercial banking, treasury services, and private banking are among the main business operations of Hang Seng Bank, a commercial bank. In Hong Kong, Hang Seng Bank runs a network of about 260 service locations. Also, it has a 46-branch network of sub-branch Hang Seng Bank (China) Limited, a completely owned subsidiary in mainland China. In 1969, it created the Hang Seng Index as a public service, and it is today widely recognized as the key indicator of the Hong Kong stock market.

The market capitalization of Hang Seng Bank was $27.59 billion as of March 2023. By market capitalization, Hang Seng Bank is now the 629th most valuable corporation in the world. The company's current revenue (TTM) is $6.35 billion, according to the most recent financial filings from Hang Seng Bank. The company's sales in 2021, which were $6.35 billion, were lower than its revenue in 2020, which was $7 billion.

Founded: 3 March 1933
Headquarters: Hang Seng Bank Headquarters Building, Central, Hong Kong
Website: hangseng.com