Hang Seng Bank Ltd (11.xhkg)

Hang Seng Bank Ltd (11.xhkg)


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Hang Seng Bank Ltd (11.xhkg) Profile

Hang Seng Bank Ltd is a banking and financial services company that operates its business through four segments: The Wealth and Personal Banking, the Commercial Banking, the Global Banking and Markets and other segment engages in the properties, equity shares investment. Hang Seng Bank company is headquartered in Central Hong Kong, China, and it is one of Hong Kong’s leading public companies in terms of market capitalisation and is part of the HSBC Group. Hang Seng Bank has approximately 9,563 employees and is ranked 12th among its top 10 competitors such as HSBC, BOCHK, Bank of EAST Asia, DBS Bank and more. The company operates a network of 260 service outlets in Hong Kong, and it is the only bank to provide wide branch services along with Mass Transit Railway (MTR) stations to serve its customers better. The Hang Seng Bank stock (011) is listed in the Stock Exchange of Hong Kong (SEHK), and the market cap was HKD 278.17B as of November 2021.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
04:30-07:00
08:00-11:00
Mon
04:30-07:00
08:00-11:00
Tue
04:30-07:00
08:00-11:00
Wed
04:30-07:00
08:00-11:00
Thu
04:30-07:00
08:00-11:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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