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,
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.
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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 ...
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 ...
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.
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.
Chinese risk-free rates are at 20 year lows. This coupled with new policy moves may buoy the Hong Kong and Chinese markets.
Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes
The Hong Kong stock market has moved lower in two straight sessions, shedding more than 400 points or 2 percent along the way. The