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Bloomberg Intelligence: HK Banking Sector's Wealth Mgmt Fee Income May Rise 20%+ This Yr
The Hong Kong banking sector, led by HSBC HOLDINGS (00005.HK) and BOC HONG KONG (02388.HK), may see its wealth management fee income grow by more than 20% this year on fund sales, ...
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Bloomberg Intelligence: HK Banking Sector's Wealth Mgmt Fee Income May Rise 20%+ This Yr
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The Hong Kong banking sector, led by HSBC HOLDINGS (00005.HK)  -0.300 (-0.230%)    Short selling $900.85M; Ratio 129.638%   and BOC HONG KONG (02388.HK)  -0.560 (-1.280%)    Short selling $105.90M; Ratio 94.364%   , may see its wealth management fee income grow by more than 20% this year on fund sales, brokerage income, and bancassurance business, according to Bloomberg Intelligence.

Bloomberg Intelligence attributed the surge in wealth management fees to the optimistic outlook for global AI technology development and favorable conditions in the equity, fixed income, and precious metals markets. Risk appetite will also remain solid because of the market expectations for further rate cuts by the Fed this year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

Related News HSBC Research Raises TP of BOC Hong Kong (02388.HK) to HKD51, Maintains 'Buy' Rating

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