Hang Seng Bank - Major Milestones In Mainland China
Financial Strength
Hang Seng Bank - Major Milestones In Mainland China
Profile and History
Year
Event
2024

Hang Seng and Hang Seng China Actively Participated in 2024 SmartHK, Taking on the Role of ‘Cross-boundary Green Finance Partner’ of SmartHK
Hang Seng China launched the 1st deal of Cross-border Loan + Onshore CNY CCS
Hang Seng China Launched the First Key Deal under the Management of Cross-border Cash Pooling Pilot Program
A New Cross-boundary Wealth Management Centre of Hang Seng China Opened in Guangzhou

2023

Hang Seng China Becomes the First Batch of Foreign Banks to Launch Individual E-CNY Business
Hang Seng China Launched PSE Family Account Service
Hang Seng China Opened Cross-boundary Wealth Management Centre in Shenzhen
Hang Seng China Actively Participated in SmartHK and Held Guangdong-Hong Kong-Macao Greater Bay Area Innovation Economy Summit and GBA Wealth Management Seminar in Shenzhen
Hang Seng China Opened First Cross-boundary Wealth Management Centre
Hang Seng China Launched New-Generation E-bank Acceptance Bill Business

2022

Hang Seng China Launched eRF Electronic Factoring Service Platform
Hang Seng China Launched First Co-Borrower Cross-Border Syndication
First Pilot Deal launched via HSCF in Hang Seng China
Hang Seng China Launch Its First-ever ESG Report

2021

Hang Seng China Completes Its First Unfunded Risk Participation Deal
Hang Seng China Completes First ESG-linked RMB Rates Derivative
Hang Seng China Becomes First Foreign Bank to Offer Green Mortgage Services
Hang Seng China Becomes the First Batch of Bank to Offer Products under Cross-boundary Wealth Management Connect Scheme

2020

Hang Seng China First to Launch Hong Kong-Mainland ETF Cross-Listing Product.
Hang Seng China Completes Its First Payment Agency to Further Facilitate Supply Chain Finance.

2019

Hang Seng China became the first foreign bank to issue negotiable certificate of deposit (NCD) in mainland China
Hang Seng China becomes first bank to reach a loan with interested referred to new market Loan Prime Rate (LPR).
Hang Seng China becomes the first foreign bank to participate in interbank bond trading in the stock exchanges.

2018

Hang Seng China took the lead in cooperating with Hang Seng Qianhai Fund Management Co., Ltd. to launch the first one-to-many fund account product.
Hang Seng China announced the launch of Mobile Video Teller Machine, becoming the first foreign bank to launch this service.

2017

Hang Seng China distributed Northbound funds of Hong Kong based on US Dollar.
Hang Seng China distributed the first Public Offered Fund of Hang Seng Qianhai Fund Management Company Limited.
The Global Liquidity and Cash Management System of Hang Seng China online.

2016

Hang Seng China successfully issued cross-border interbank certificates of deposit in China (Shanghai) Pilot Free Trade Zone.
Hang Seng China distributed one of the first Northbound funds - Hang Seng China H-Share Index Fund.

2015

Jinan Branch opens in April

2014
Hang Seng China launched Cross-border Prestige Banking Service.
Hang Seng China debuted offshore RMB bond issue in Hong Kong market.
Chengdu branch opens in February
2013
Hang Seng China becomes one of the first foreign banks to distribute the Investment Funds in Mainland China
2012
Xiamen branch opens in March.
2011
Hang Seng China celebrates grand opening of new national headquarters at Hang Seng Bank Tower in Shanghai
2010
Hang Seng China promotes the China's RMB cross-border trade settlement pilot program to all mainland branches
2009
Hang Seng China launches two RMB Debit Cards
2008
Kunming Branch opens in October
  Tianjin Branch opens in August
2007
Ningbo Branch opens in December
Hangzhou Branch opens in September
Hang Seng China obtains approval to offer comprehensive RMB services to local residents in mainland China
  Hang Seng Bank (China) Limited is officially established in May 2007
2006
Hang Seng launches its first QDII investment product, Currency-Linked - Daily Range Accrual, through its Mainland branches and sub-branches
Dongguan branch opens in October
Launch of Hang Seng HSBCnet service to all customers with a suite of cash management, trade and commercial banking services
The Bank obtains approval from the China Banking Regulatory Commission (CBRC) for a licence under the Qualified Domestic Institutional Investors (QDII) Scheme and receives approval from China's State Administration of Foreign Exchange for a foreign exchange conversion limit of US$300 million for providing overseas wealth management services
Convened a Board of Directors meeting in September in Shanghai, marking the first time in the Bank's history that such a meeting has been held in mainland China
Export factoring service is launched for corporate customers
2005
Beijing representative office becomes a branch
Dongguan representative office opens
2003
The Bank launches Business e-Banking services in mainland China
Nanjing branch opens
2002
The Bank launches Personal e-Banking services on the Mainland
2001
Fuzhou branch opens
1999
Shenzhen representative office becomes a branch
1998
Beijing representative office opens
1997
Shanghai representative office becomes a branch
1995
Guangzhou branch opens
1991
Shanghai representative office opens
1986
Xiamen representative office opens
1985
Shenzhen representative office opens


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