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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.
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.
Faster Payment System (FPS; Chinese: 快速支付系統, more commonly known as 轉數快) is a real-time gross settlement [1] payment system in Hong Kong that connects traditional banks and electronic payment and digital wallet operators. [2]
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". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
SEHK: 2819 ABF Hong Kong Bond Index Fund: SEHK: 2821 ABF Pan Asia Bond Index Fund: SEHK: 2822 CSOP A50 ETF (in HK$) SEHK: 2823 iShares FTSE A50 China Index ETF SEHK: 2828 Hang Seng H-Share Index ETF SEHK: 2832 Bosera FTSE China A50 Index ETF (in HK$) SEHK: 2836 iShares BSE SENSEX India Tracker SEHK: 2838 Hang Seng FTSE China 25 Index ETF
Electronic Payment Services (simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985.
PayMe (officially known as PayMe from HSBC) is a mobile payment service from HSBC, currently available only for Hong Kong users with local phone numbers and banks.Users can pay businesses, transfer money to one another using a mobile app, linked to their credit card or (any local) bank account.
Even after the war, the Chinese Civil War and later the United Nations embargo on China negatively affected Hong Kong's economy, and as a result, BEA. [3] In 1965, Hong Kong experienced a city-wide banking crisis which saw other local Hong Kong banks suffer bank runs and hostile takeovers, such as Hang Seng Bank. BEA, however, was undisturbed ...