HANG SENG BK LT/S (HSNGY) Rating Lowered to Hold at Zacks Investment Research
According to Zacks, “HANG SENG BANK is a world-class financial institution and one of Hong Kong’s largest listed companies in terms of market capitalisation. In keeping with our name, which means ever-growing in Chinese, we are growing alongside our customers. “
A number of other brokerages have also issued reports on HSNGY. UBS Group raised shares of HANG SENG BK LT/S from a “neutral” rating to a “buy” rating in a report on Friday, March 22nd. Goldman Sachs Group lowered shares of HANG SENG BK LT/S from a “buy” rating to a “neutral” rating in a report on Thursday, January 17th.
HANG SENG BK LT/S Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Other.
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