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The former Central Fire Station previously stood on the site. 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. [1] The new bank headquarters was designed by Wong & Ouyang (HK) Ltd.
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.
HSBC Main Building is a headquarters building of The Hongkong and Shanghai Banking Corporation, which is today a wholly owned subsidiary of London-based HSBC Holdings.It is located on the southern side of Statue Square near the location of the old City Hall, Hong Kong (built in 1869, demolished in 1933).
Nearly a dozen branches and outlets of HSBC and its Hang Seng Bank subsidiary were closed on January 2 , a day after vandals laid waste to their premises and automated teller machines during a ...
Each floor occupies around 11,000 square feet (1,000 m 2).. The building currently houses the Hong Kong Branch of Public Bank Berhad, The Law Society of Hong Kong, BOC Group Life Insurance and the local Consulate of Ghana as well as offices of Hang Seng Bank, whose old and new headquarters are next to Wing On House.
This was the tallest building in Hong Kong and Asia from 1990 to 1992, the first building outside the United States to break the 305 m (1,000 ft) mark, and the first composite space frame high-rise building. That also means it was the tallest outside the United States from its completion year, 1990.
Bank of China (Hong Kong) has its head office in the Bank of China Tower. [14] The Hongkong and Shanghai Banking Corporation, a subsidiary of HSBC, has its head office in the HSBC Main Building. [15] Bank of East Asia and Hang Seng Bank have their head offices in Central. [16] [17] Standard Chartered Bank is also located in Central.
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). [5] Of the total notes in circulation measured by value, HSBC is the most prolific issuer, its notes representing 67.7% of those in issue.