Hang Seng Bank Launches HKD 33 Billion SME Power Up Fund [Yahoo! Finance]
HANG SENG BANK LTD S/ADR (HSNGY)
NASDAQ:AMEX Investor Relations:
bank.hangseng.com/1/2/about-us/investor-relations
Company Research
Source: Yahoo! Finance
HONG KONG March 26, 2024 /PRNewswire/ -- Hang Seng Bank ('Hang Seng') today unveiled the HKD 33 Billion SME Power Up Fund , a strategic initiative to support the growth, cross-boundary development, and sustainable progression of Hong Kong's small and medium-sized enterprises ('SMEs'). As Hong Kong's largest local bank, Hang Seng serves nearly a quarter of local SMEs. Over half of its SME customers have sustained partnerships exceeding a decade, and more than 60% of new customers are start-up ventures. Hang Seng has gained deep insight into the trials SMEs confront in the post-pandemic environment through direct engagement with clients across various industries. These challenges range from inadequate cash flow, hard-to-regain business momentum, escalating operational expenses, the necessity for eco-friendly practices, and aspirations to grow within the Greater Bay Area. In response to the feedback gathered from diverse business sectors, Hang Seng has allocated HKD 33 billion for
Show less
Read more
Impact Snapshot
Event Time:
HSNGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HSNGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HSNGY alerts
High impacting HANG SENG BANK LTD S/ADR news events
Weekly update
A roundup of the hottest topics
HSNGY
News
- Hang Seng Insurance Introduces FortuneLife Deferred Annuity Life Insurance Plan with Enhanced Benefit to Support Stable Retirement [Yahoo! Finance]Yahoo! Finance
- Hang Seng Insurance Introduces FortuneLife Deferred Annuity Life Insurance Plan with Enhanced Benefit to Support Stable RetirementPR Newswire
- Hang Seng Introduces the New PayDay+: Enjoy up to 6% p.a. HKD Savings Rate on Payroll Service Transfers [Yahoo! Finance]Yahoo! Finance
- Property Developer Times China Receives Winding-Up Petition in Hong Kong [BNN Bloomberg (Canada)]BNN Bloomberg
- Hang Seng Bank Ltd's Dividend Analysis [Yahoo! Finance]Yahoo! Finance