Dah Sing Banking Group

Dah Sing Group is a Hong Kong-based group providing banking, insurance, financial and other related services in Hong Kong, Macau and China. It has two listed arms: Dah Sing Financial Holdings Ltd, which listed in Hong Kong in 1987, and Dah Sing Banking Group Ltd, which listed in 2004.

Dah Sing profit climbs 29pc on lower China lending

Hong Kong banks have been expanding their levels of mainland loans while Dah Sing has moved away from the trend. Photo: Bloomberg

Dah Sing Banking Group, which owns Hong Kong's last family-owned bank, posted HK$1.4 billion in net profit for the first half, a 29 per cent growth from the same period last year.

Thursday, 28 August, 2014, 5:03am

Hong Kong family-owned bank Dah Sing open-minded about a possible merger

Harold Wong, the managing director of Dah Sing, says the lender has invested a lot in Macau and on the mainland. Photo: Edward Wong

Dah Sing Banking said yesterday it was open-minded about the possibility of a merger or sale but that it was not in such discussions at present.

15 Aug 2013 - 10:36am

Chairman adds to holdings in Dah Sing amid active trading

David Wong Shou-yeh

Buying rose for a fourth week while selling among directors was high for a third week, with 22 companies that recorded 86 purchases worth HK$541 million, against 10 firms with 44 disposals worth HK$49 million.

25 Mar 2013 - 3:37am

Dah Sing posts HK$1b write-down

Dah Sing Banking Group became the latest small to medium-sized local bank to feel the impact of the United States subprime mortgage crisis, posting a HK$1.04 billion write-down that depressed annual profit by 33.1 per cent.

26 Mar 2008 - 12:00am

Carlyle waits in wings as Dah Sing wins nod for Chongqing stake deal

Carlyle Group, the United States private equity firm that failed to buy a 50 per cent stake in Xugong Construction Machinery last year, is still awaiting approval for its first mainland banking acquisition after its Hong Kong partner got the go-ahead for a larger purchase.

3 Apr 2007 - 12:00am

Dah Sing, Carlyle buy into China bank

One billion yuan deal secures 24.99pc stake in Chongqing Commercial Bank

Dah Sing Banking Group, the banking arm of Dah Sing Financial Holdings, has teamed up with Carlyle Group to take a combined 24.99 per cent stake in Chongqing Commercial Bank, a medium-sized lender in the mainland, for slightly more than one billion yuan.

22 Dec 2006 - 12:00am

Acquisitions help Dah Sing Banking grow profit 23pc

Dah Sing Banking Group yesterday reported a 23 per cent gain in first- half net profit thanks to two acquisitions made in the second half of last year and a widening of its interest rate spread that lifted loan income.

Parent Dah Sing Financial Holdings posted a 58 per cent gain in net profit due to a one-off gain from selling shares in its banking arm.

30 Aug 2006 - 12:00am

Dah Sing still on buying spree

Financial services group says it wants to keep on expanding, through organic growth and acquisitions, to better compete

The acquisition spree by Dah Sing Banking Group was far from over, senior executives said yesterday.

18 Aug 2005 - 12:00am

Qin Jia Yuan outshines Dah Sing

Retail investors underline the market's mixed response to the public offerings

Mainland media services firm Qin Jia Yuan Media Services received overwhelming response from retail investors to its initial public offering of up to $148 million.

25 Jun 2004 - 12:00am