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Hang Seng Bank ( (HK:0011) ) has provided an announcement.
Hang Seng Bank reported strong financial results for 2024, with an 8% increase in operating profit to HK$21,558 million and a 26% rise in non-interest income, driven by revenue diversification and customer base expansion. Despite geopolitical and macroeconomic challenges, the bank increased its affluent customer numbers and maintained a stable return on equity, highlighting its strategic growth in the Hong Kong and mainland China markets.
More about Hang Seng Bank
Hang Seng Bank is a financial institution based in Hong Kong, providing a range of banking and wealth management services with a focus on retail customers in both Hong Kong and mainland China.
YTD Price Performance: 6.44%
Average Trading Volume: 754
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $25.4B
For an in-depth examination of 0011 stock, go to TipRanks’ Stock Analysis page.