HONG KONG, July 21 (Reuters Breakingviews) - For one of the world’s most expensive and property-obsessed cities, the mere mention of creating a bad bank for real estate debt is enough to cause a ...
HSBC Holdings offered to buy out other shareholders in Hang Seng Bank, a smaller Hong Kong lender that it has long controlled, as it seeks to boost profit in one of its home markets. The $13.6 billion ...
HSBC Holdings Plc is pushing its Hong Kong subsidiary, Hang Seng Bank Ltd., to offload portfolios of bad real estate debt, amid concerns over the city's struggling property sector. Hang Seng Bank is ...
Hang Seng Bank has a track record of solid profitably and stability. It emerged unscathed from the Asian financial crisis 25 years ago, and from the global financial crisis. Before the pandemic, it ...
The transaction involved using HK$-denominated bonds as collateral from the largest digital bond issuance globally and is expected to help build liquidity for digital bonds. HSBC has executed a Hong ...