Hang Seng Bank traded at 154.30 this Tuesday January 27th. Looking back, over the last four weeks, Hang Seng Bank lost 0.46 percent. Over the last 12 months, its price rose by 58.34 percent. Looking ahead, we forecast Hang Seng Bank to be priced at 148.02 by the end of this quarter and at 130.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hang Seng Bank Ltd is a company principally engaged in the commercial banking business. The Company operates its business through four segments. The Wealth and Personal Banking segment engages in provision of personal banking, consumer lending, time deposits, mortgages and personal loans, credit cards, insurance and wealth management services. The Commercial Banking segment engages in the corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment services and corporate wealth management. The Global Banking and Markets segment provides tailored financial solutions. The Other segment engages in the properties, equity shares investment.