Hang Seng Bank opens flagship wealth centre in Central

The new facility is the largest amongst the bank’s nine such centres across Hong Kong and mainland China.

Hang Seng Bank has launched its flagship Cross-boundary Wealth Centre at its Main Branch in Central, Hong Kong, as part of efforts to meet growing demand for cross-border wealth management services.

The new facility, located on Level B2, spans 14,000 square feet and is the largest among the bank’s nine such centres across Hong Kong and mainland China.

It offers a range of integrated financial services designed to support clients managing assets across both jurisdictions.

According to Hang Seng, demand for cross-boundary banking has risen significantly, with a reported 80%YoY increase in new account openings by retail mainland customers in 2024.

To support this demand, the bank is expanding its team of wealth management professionals by over 50%, drawing talent from both Hong Kong and mainland China.

Services offered at the centre include account opening, Cross-boundary Wealth Management Connect, investment, mortgage, foreign exchange, and insurance solutions.

The bank also introduced a 15-minute express account opening option for customers who complete pre-submission via its mobile app or WeChat, streamlining the onboarding process.

In addition, remote account maintenance services are now available, allowing clients to reactivate or update their accounts without crossing the border.

To mark the launch, Hang Seng is running a promotional campaign from 13 May to 16 June 2025, including a weekly lucky draw and incentives for new account holders.

Customers who open a Prestige or Prestige Private account and meet the required criteria may receive cash rewards of over $40,000 and other gifts.