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Zhongyuan Mortgage: Hong Kong's February Banks mortgage transfer registrations reached 548 cases, rising for three consecutive months, setting a seven-month high.
According to data from the Central Plains Research Department, there were a total of 548 bank transfer registrations in Hong Kong in February 2025, showing a 1.5% month-on-month increase. The figure has risen for three consecutive months, matching the number from July 2024, reaching a seven-month high.
HANG SENG BANK (00011): Maintains the Federal Reserve's prediction of 3-4 rate cuts this year; the adjustment in the US stock market is a healthy correction.
The Federal Reserve announced after the interest rate meeting that it will keep the target range for the federal funds rate unchanged at 4.25-4.5%, in line with market expectations.
HANG SENG BANK (00011) is restructuring by merging the GBM and CMB departments.
HANG SENG BANK (00011) recently issued an internal announcement to GBM (Global Banking Management) and CMB (Commercial Management) employees, stating that due to the integration needs of the two departments, Rose Cho, who has been with HANG SENG for over 20 years and is currently the Global Banking Director, will be leaving, effective April 1.
2024 Annual Report
Wang On Properties Unit Gets Over HK$1 Billion in Loan Facility; Shares Up Nearly 6%
Jefferies Remains a Sell on Hang Seng Bank (HSNGF)
