Hang Seng Bank plans to further expand its branch network in Hong Kong this year in an effort to gain more customers.Tuesday, 25 February, 2014, 3:11pm
The surge came mainly from a one-off fair-value gain from financial instruments and trading profit, accounting for a combined HK$1.6 billion. Excluding those items, pre-tax profit increased 3.5 per cent to HK$5.95 billion.27 Feb 2013 - 1:15am
Bank of East Asia (BEA), the largest independent local bank in Hong Kong, is scheduled to announce its full-year results today, kicking off the reporting season for listed banks.26 Feb 2013 - 5:13am
Industrial and Commercial Bank of China beat analysts' first-half earnings estimates, mainly on the back of lower provisions for bad debt in the second quarter.
The world's biggest bank by market value said yesterday that its net profit rose 12.5 per cent to 123.24 billion yuan (HK$150.76 billion). The bank was the last of the big mainland lenders to report its earnings.31 Aug 2012 - 3:18am
The downfall of a former executive director at Agricultural Bank of China sends a warning signal to all bankers that they need to impose stronger self-regulation, the lender's president said yesterday at a media briefing on the bank's latest results.30 Aug 2012 - 3:17am
Shares in K Wah International surged almost 10 per cent yesterday after the property developer stunned the market with a seven-fold increase in interim net profit, from 411 million yuan (HK$502.86 million) to 2.89 billion yuan.29 Aug 2012 - 4:54am