Major Milestones 1933 - 2014

2014
Hang Seng China opens Shanghai Free Trade Zone Sub-branch and Chengdu Branch in February.
2013
Hang Seng China A Industry Top Index ETF listed on Stock Exchange of Hong Kong in November.

Hang Seng China opens new sub-branch in Shantou in October.

Hang Seng China opens new sub-branch in Fuzhou in September.

Hang Seng opens innovative 'iPoint' outlet in MTR station in August.

Hang Seng China Shenzhen Qianhai sub-branch commences operations in June.

Hang Seng launches new Mobile Payment service in June.

Hang Seng opens Sheung Shui and Kwun Tong Business Banking Centre in March and May respectively.

Hang Seng celebrates 80th anniversary.

Hang Seng included in the 'Global 100 Most Sustainable Corporations in the World' - the only Hong Kong company to achieve such recognition.

Hang Seng China opens new sub-branch in Jiangmen in March.

Hang Seng China opens new sub-branch in Tianjin in January.
2012
Hang Seng China opens new sub-branch in Zhuhai in November.

Hang Seng announces plans to develop mobile contactless NFC payment service in Hong Kong.

Hang Seng China opens sub-branch in Tianjin Binhai in August.

Hang Seng's biogas project in Yunnan wins Top China PR Award.

Hang Seng Indexes licensed the first two Mainland exchange-traded funds tracking Hong Kong stocks to be linked to its indexes.

Hang Seng China opens new sub-branch in Shunde in April.

Guangzhou GuangZheng Hang Seng Securities Investment Advisory Company Limited receives regulatory approval in March.

Hang Seng launches first dual currency Mortgage-Link plan.

Hang Seng China opens new branch in Xiamen in March.

Hang Seng launches the world's first RMB Gold ETF in February.
2011
Hang Seng becomes first local bank in Hong Kong to attain internationally recognised ISO 14001 certification for all offices and branches.

Hang Seng opens new Mortgage Centre in November.

Hang Seng becomes first local bank in Hong Kong to be included as a constituent stock on the Dow Jones Sustainability Asia Pacific Index.

Hang Seng launches a new generation of e-Banking services for personal customers in September.

Hang Seng China opens cross-city sub-branch in Huizhou in August.

Hang Seng launches first fund in Hong Kong which tracks local Corporate Sustainability Index.

Hang Seng celebrates 10th anniversary of its credit card Cash Dollars scheme.

Hang Seng China celebrates opening of new headquarters in Shanghai in May.

Hang Seng signs memorandum of understanding with Industrial Bank in March.
2010
Hang Seng lead-arranges Hong Kong's first renminbi syndicated loan in December.

Hang Seng China unveils headquarters building in Shanghai in November.

Hang Seng launches Hang Seng RMB Bond Fund.

Hang Seng launches Hong Kong's first renminbi certificate of deposit for retail customers.

Hang Seng launches first-of-its-kind foreign exchange margin trading iPhone application.

Personal e-Banking celebrates 10th anniversary.

Hang Seng China opens cross-city sub-branch in Zhongshan in April.

Hang Seng becomes first bank in Hong Kong to set renminbi prime rate.

Hang Seng China unveils first cross-city sub-branch and Hang Seng Building in Foshan in January.
2009
Guangzhou Zhong Shan San Road sub-branch opens in December.

Shenzhen Nanshan Overseas Chinese Town sub-branch opens in August.

Hang Seng achieves landmark ETF dual-listings in Taiwan.

Hang Seng holds a Board of Directors meeting in Yantai for the first time.

Hang Seng Bank opens its first Securities Select Customer Trading Centre.

Hang Seng China opens Gongti North Road sub-branch in Beijing.
2008
Hang Seng completes Yantai Bank deal.

Hang Seng China opens Kunming Branch in October - its first branch in south west China.

Hang Seng China opens Tianjin Branch in August to further strengthen foothold in Bohai Economic Rim Region.

The Bank celebrates its diamond jubilee in March.

Guangzhou Tianhe North Road sub-branch opens in March.

Hang Seng China receives approval to commence preparation work for Tianjin branch in January.
2007
Shenzhen Nanshan Coastal City sub-branch opens in December.

Ningbo branch opens in December.

The Bank opens new office at MegaBox, Kowloon Bay in November.

Hang Seng offers Hong Kong’s first Islamic Fund in November.

Shanghai Hongqiao sub-branch opens in November.

Guangzhou Jiangnan West Road sub-branch opens in November.

Hang Seng China receives approval to commence preparation work for Ningbo branch in September.

Hangzhou branch opens in September.

Hang Seng China obtains approval to offer comprehensive renminbi services to local residents in mainland China.

Beijing Zhongguancun sub-branch opens in August.

Shanghai Xintiandi sub-branch opens in July.

CBRC approves the establishment of Hang Seng Bank (China) Limited - a Mainland subsidiary bank. Hang Seng Bank (China) Limited established on 28 May 2007.

Shanghai Nanjing West Road sub-branch opens in April.

Guangzhou Tao Jin Road sub-branch opens in January.

The Bank receives approval to commence preparation work for Hangzhou branch.
2006
Hang Seng receives approval to prepare for the establishment of its Mainland subsidiary bank.

Hang Seng launches its first QDII investment product through its Mainland branches and sub-branches.

Hang Seng becomes the first foreign bank to open a branch in Dongguan.

Hang Seng receives approval for a USD300 million foreign exchange conversion quota under its QDII licence.

Hang Seng opens a fifth Shanghai sub-branch.

Hang Seng holds a Board of Directors meeting on the Mainland for the first time.

Hang Seng receives approval for a Qualified Domestic Institutional Investor (QDII) licence.

Hang Seng extends its Mainland insurance agency service to its Beijing branch.

Hang Seng opens its first Guangzhou sub-branch.

Hang Seng receives approval to provide renminbi services and extend foreign currency services at its Nanjing branch.

Hang Seng extends its Mainland insurance agency service to its Guangzhou branch.

Hang Seng opens a fourth Shanghai sub-branch.

Hang Seng launches an integrated brand revitalisation programme and introduces a new corporate tagline – 'Managing wealth for you, with you'.

Hang Seng begins offering an insurance agency service at its Shanghai and Shenzhen branches and sub-branches.
2005
Hang Seng's Fuzhou branch receives approval to expand its services to domestic enterprises and Mainland residents.

Hang Seng offers business customers in Hong Kong renminbi deposit accounts.

Hang Seng is among the first group of banks to launch retail renminbi non-deliverable forward contracts in Hong Kong.

The number of Hang Seng outlets in Shanghai increases to four with the opening of Xujiahui sub-branch.

Hang Seng launches a renminbi forward foreign exchange contracts service at its Shanghai, Guangzhou, Shenzhen and Fuzhou branches.

Hang Seng's investment quota under its Mainland QFII securities investment business permit is doubled to USD100 million.

Hang Seng upgrades its Beijing representative office to a branch.

Hang Seng opens a Dongguan representative office.

Hang Seng and Industrial Bank jointly establish a credit card centre on the Mainland.

Fuzhou branch relocates to larger premises to capitalise on growing business opportunities in Fujian Province.

Hang Seng opens its first Shenzhen sub-branch.

Hang Seng becomes the first Hong Kong financial institution to receive ISO 14001 certification for its sound environmental practices.
2004
Hang Seng Bank’s strategic partner, Industrial Bank, introduces its first international dual currency credit card bearing the Hang Seng logo.

New sub-branch opens in Gubei, Shanghai.

Fuzhou branch receives approval to offer renminbi services to foreign passport holders; foreign-invested enterprises; and citizens of Hong Kong, Macau and Taiwan.

Hang Seng receives a QFII Investment Quota, allowing the Bank to begin investing in the Mainland stock market and develop A-share related services. Later in the year, the Bank launches its "A Share Investment Services", which give Hong Kong and overseas investors the opportunity to invest directly in A shares and related investments on the Mainland.

Hang Seng completes its 15.98% acquisition of Industrial Bank after making a payment of RMB1,726 million (approximately HKD1,626 million).

Shenzhen branch receives approval to offer renminbi services to domestic companies on the Mainland.

Renminbi services, including deposits, exchange and remittances, are introduced in Hong Kong branches of Hang Seng.

Hang Seng begins offering renminbi services at its Shenzhen branch to foreign passport holders; foreign-invested enterprises; and citizens of Hong Kong, Macau and Taiwan.
2003
Hang Seng opens its Macau branch.

Hang Seng signs an agreement on 17 December with Industrial Bank Co. Ltd to acquire 15.98% of Industrial Bank's enlarged capital for HKD1.6 billion in cash. This makes Hang Seng the largest foreign investor in a Mainland bank both in terms of invested capital and percentage of shareholding.

The Guangzhou branch offers renminbi services to foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises.

Business e-Banking services are launched on the Mainland for customers to check transaction records and account balances.

Hang Seng opens its Nanjing branch and first Mainland sub-branch on Huai Hai Zhong Road in Puxi, Shanghai.

Managing for Value: From the start of 1999 until the end of 2003, the Bank achieves a total return of 106.3% for shareholders, which is substantially more than the average return of 46.2% recorded by Hang Seng Index constituents over the same period. In absolute terms, the total shareholder value increases by HKD140.7 billion.
2002
Personal e-Banking services are launched on the Mainland.

Business e-Banking services are launched in Hong Kong.

The Guangzhou, Shanghai and Shenzhen branches begin foreign currency services for Mainland citizens and corporations.

The Shanghai branch launches renminbi services for foreign passport holders; citizens of the Hong Kong SAR, Macau SAR and Taiwan; and foreign-invested enterprises.
2000
Personal e-Banking services are launched in Hong Kong.
1997
Hang Seng receives approval to open a branch in Shanghai shortly after the territory's reunification with China.
1996
The Bank launches a more modern corporate identity.
1995
Hang Seng opens its first Mainland branch in Guangzhou.
1985
The Bank establishes a presence in mainland China with the opening of a representative office in Shenzhen.
1981
Hang Seng is granted a franchise to operate branches in Mass Transit Railway stations.
1972
Hang Seng is listed on the Hong Kong Stock Exchange. The initial public offering was oversubscribed by nearly 29 times, totalling HKD2.8 billion and equivalent to nearly half the government's revenue in 1971.
1969
The Hang Seng Index is launched as a public service. The Index has been internationally-recognised as Hong Kong's main stock market indicator.
1967
Hang Seng pioneers seven-year residential mortgages in Hong Kong.
1965
The Hongkong and Shanghai Banking Corporation acquires a 51% interest in Hang Seng (subsequently increased to 62.14%).
1960
Hang Seng becomes a public company.
1952
Hang Seng is incorporated as a private limited company and embarks on commercial banking.
1933
Hang Seng Ngan Ho commences business as a small money-changing shop at 70 Wing Lok Street, Sheung Wan. In its first year of operation, it records a net profit of HKD10,389.


Hang Seng China A Industry Top Index ETF listed on Stock Exchange of Hong Kong in November 2013.
Hang Seng China opens new sub-branch in Shantou in October 2013.
Hang Seng opens innovative 'iPoint' outlet in MTR station in August 2013.
Hang Seng celebrates 80th anniversary.
Hang Seng China opens new sub-branch in Jiangmen in March 2013.
Hang Seng China opens new sub-branch in Zhuhai in November 2012.
Guangzhou GuangZheng Hang Seng Securities Investment Advisory Company Limited receives regulatory approval in March 2012.
Hang Seng China opens new branch in Xiamen in March 2012.
Hang Seng launches the world's first RMB Gold ETF in February 2012 .
Hang Seng opens new Mortgage Centre in November 2011.
Hang Seng China opens cross-city sub-branch in Huizhou in August 2011
Hang Seng China opens cross-city sub-branch in Huizhou in August 2011
Hang Seng China celebrates opening of new headquarters in Shanghai in May 2011.
Hang Seng signs memorandum of understanding with Industrial Bank in March 2011.
Hang Seng lead-arranges Hong Kong's first renminbi syndicated loan in December 2010
Hang Seng lead-arranges Hong Kong's first renminbi syndicated loan in December 2010
Hang Seng China unveils headquarters building in Shanghai in November 2010
Hang Seng China unveils headquarters building in Shanghai in November 2010
Personal e-Banking celebrates 10th anniversary and launches first-of-its-kind foreign exchange margin trading iPhone application in August 2010
Personal e-Banking celebrates 10th anniversary and launches first-of-its-kind foreign exchange margin trading iPhone application in August 2010
Hang Seng celebrates its diamond jubilee in March 2008
Hang Seng celebrates its diamond jubilee in March 2008
The Bank opens new office at MegaBox, Kowloon Bay in November 2007.
The Bank opens new office at MegaBox, Kowloon Bay in November 2007.
Hang Seng offers Hong Kong's first Islamic Fund.
Hang Seng offers Hong Kong's first Islamic Fund.
Hangzhou branch opens in September 2007.
Hangzhou branch opens in September 2007.
Hang Seng becomes first foreign bank to open a branch in Dongguan.
Hang Seng becomes first foreign bank to open a branch in Dongguan.
Hang Seng holds Board of Directors meeting on the Mainland for the first time.
Hang Seng holds Board of Directors meeting on the Mainland for the first time.
 
Hang Seng introduces new corporate tagline – 'Managing wealth for you, with you'
Hang Seng introduces new corporate tagline – 'Managing wealth for you, with you'
The number of Hang Seng outlets in Shanghai increases to four with the opening of Xujiahui sub-branch.
The number of Hang Seng outlets in Shanghai increases to four with the opening of Xujiahui sub-branch.
Hang Seng becomes the first Hong Kong financial institution to receive ISO 14001 certification
Hang Seng becomes the first Hong Kong financial institution to receive ISO 14001 certification
Hang Seng acquires 15.98% of Industrial Bank
Hang Seng acquires 15.98% of Industrial Bank
The Shenzhen Representative Office is opened in 1985
The Shenzhen Representative Office is opened in 1985
MTR branches are opened in 1981
MTR branches are opened in 1981
The old logo of Hang Seng
The old logo of Hang Seng
The wooden signboard from Hang Seng's first premises in Wing Lok Street
The wooden signboard from Hang Seng's first premises in Wing Lok Street


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