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An update from Hang Seng Bank ( (HK:0011) ) is now available.
Hang Seng Bank Limited has outlined the terms of reference for its Risk Committee, emphasizing its role in overseeing risk-related matters and enterprise risks impacting the bank and its subsidiaries. The committee, composed mainly of independent non-executive directors, is tasked with advising the board on various financial and non-financial risks, ensuring effective risk management, and maintaining the bank’s resilience against potential risks. This move is expected to strengthen the bank’s risk governance framework and provide additional assurance to stakeholders regarding the reliability of risk information and the bank’s vulnerability to potential risks.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$135.00 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
More about Hang Seng Bank
Hang Seng Bank Limited operates in the financial services industry, offering a range of banking products and services. It focuses on providing comprehensive financial solutions to individuals and businesses, with a strong emphasis on risk management and governance.
Average Trading Volume: 1,957,716
Technical Sentiment Signal: Buy
Current Market Cap: HK$215.7B
Learn more about 0011 stock on TipRanks’ Stock Analysis page.