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HANG SENG BANK: It is expected that the Federal Reserve may cut interest rates 3 to 4 times this year. Mainland exports still have competitiveness.
Xue Junsheng, the head and chief economist of the Economic Research Department of HANG SENG BANK (00011), stated at the seminar on the 2025 Global Economic and Hong Kong Export Outlook organized by the Hong Kong Export Credit Insurance Corporation that the market atmosphere was not ideal last year under the high interest rate environment. This year has entered a rate reduction cycle, with major central banks around the world successively cutting rates and inflation in the USA falling, providing space for central banks to ease policies.
HKMA Launches Generative AI Sandbox for Banks
HANG SENG BANK: Next year, USA enterprises will benefit from tax cuts and a more comprehensive Sector profitability recovery.
HANG SENG BANK's Chief Investment Officer of Wealth Management, Liang Junfei, stated that the latest dot plot from the Federal Reserve indicates that it is expected to slow down the rate of interest rate cuts to 2 times next year (compared to the previous expectation of 4 times in September), and further cuts of 2 times are expected in 2026 (consistent with the September forecast). Long-term interest rate predictions have slightly increased to 3%.
Hong Kong Central Bank Cuts Interest Rate Tracking Fed Move, Banks Follow
Hang Seng Bank (HKG:11) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Five Years, but the Stock Rallies 4.1% This Past Week
Goldman Sachs: Maintains a "Sell" rating on Hang Seng Bank (00011), target price raised to HKD 98.
Goldman Sachs expects that Hang Seng Bank's new round of 3 billion HKD share buyback plan will be announced in the annual performance.
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