Hang Seng sets online drive

Hang Seng Bank will launch online investment fund and insurance services on Sunday. Customers can subscribe to more than 300 investment funds, 15 of which are managed by the investment arm of Hang Seng and the rest by other fund houses. Three insurance plans will also be available on the Net. The bank will also reduce by 2 per cent the subscription fee on any investment funds from Monday to the end of next month.