Hang Seng's Family-oriented Wealth Planning Tool "Wealth Master for Family"

Offers Tailored Financial Solutions for Families through Prestige Banking Family+ Account

HONG KONG, Feb. 10, 2025 /PRNewswire/ -- Hang Seng Bank ('Hang Seng') recently interviewed over 500 Hong Kong residents aged 30 to 55 with liquid assets of HKD 1 million or more in a survey on family wealth management practices. The survey revealed that young affluent families set a savings goal of HKD 18 million to achieve various life objectives. However, many of the respondents lack a comprehensive financial plan. Although one-third of them indicating they have established financial strategies tailored to their family's needs, more than 50% expressed a lack of confidence in their ability to effectively execute these strategies. Notably, among respondents without a cohesive financial plan, 71% were young affluent families with children aged 12 or younger.

Assets Under Management Quadruple Since Inception with Footprint Expanded to the mainland, Thailand and the Middle East 

HONG KONG, Nov. 12, 2024 /PRNewswire/ -- The Tracker Fund of Hong Kong ('TraHK'), the first exchange-traded fund ('ETF') in the city, celebrated its 25th anniversary today (12 November 2024). Over 100 heavyweights gathered together to commemorate this milestone, together with the Honourable Paul Chan Mo-po, Financial Secretary of the Government of the Hong Kong Special Administrative Region; George Hongchoy, Chairman of the Supervisory Committee of TraHK; Diana Cesar, Executive Director and Chief Executive of Hang Seng Bank; and Rosita Lee, Director and Chief Executive Officer of Hang Seng Investment Management Limited ('Hang Seng Investment').