Who We Are

Founded in 1933, Hang Seng is one of Hong Kong’s largest listed companies and among the top 50 listed banks in the world in terms of market capitalisation (HK$226.9bn as at the end of December 2012). With nearly 10,000 members of staff, we serve more than 3 million people in Hong Kong – over half the adult population – through about 220 service outlets. We are the only bank offering extensive services across the MTR rail network, with outlets in 72 stations. We maintain a branch in Shenzhen in mainland China for foreign currency wholesale business, branches in Macau and Singapore, and a representative office in Taipei.

Established in 2007 and headquartered in Shanghai, our wholly owned Mainland subsidiary Hang Seng Bank (China) Limited operates a network of 46 outlets in Beijing, Shanghai, Guangzhou, Shenzhen, Dongguan, Fuzhou, Nanjing, Hangzhou, Ningbo, Tianjin, Kunming, Foshan, Zhongshan, Huizhou, Xiamen, Zhuhai and Jiangmen.

Our wholly owned Bank subsidiary Hang Seng Securities operates a securities investment advisory services joint venture – Guangzhou GuangZheng Hang Seng Securities Investment Advisory Company – in partnership with Guangzhou Securities Company in Guangdong province.

We also hold a 10.9% stake in Industrial Bank, a Mainland national bank, and 20% of the enlarged share capital of Yantai Bank, one of the largest commercial banks in Shandong province.

Hang Seng is a principal member of the HSBC Group, one of the world’s largest banking and financial services organisations.

What We Do

Our business is structured into Retail Banking and Wealth Management, Corporate and Commercial Banking, Treasury, Other, and Mainland Business.

Hong Kong and Other Businesses Segment
Retail Banking and Wealth Management
Retail Banking and Wealth Management provides a broad range of products and services to meet the personal banking, consumer lending and wealth management needs of individual customers. Banking and lending services include current and savings accounts, time deposits, credit cards, mortgages and other retail lending. Wealth management includes investment, insurance and private banking services.

Corporate and Commercial Banking
Corporate and Commercial Banking provides business banking services – including payment and cash management, international trade finance, and insurance and wealth management solutions – to corporate and commercial customers.

Treasury
Treasury engages in treasury operations in areas such as credit, interest rates, foreign exchange, money markets and securities. It also manages Hang Seng’s funding and liquidity positions and other market risk positions arising from banking activities.

Other
Other mainly represents the management of shareholders’ funds, investments in premises, investment properties and equity shares, and subordinated debt funding.

Mainland China Business Segment
Mainland Business
Mainland Business includes the business of Hang Seng China – mainly the provision of retail and business banking services to customers on the Mainland – and our share of profits from Mainland associates.