{"id":159692,"date":"2025-08-21T17:00:15","date_gmt":"2025-08-21T10:00:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-east-asia-profits-rise-on-robust-wealth-management-business\/"},"modified":"2025-08-21T17:06:53","modified_gmt":"2025-08-21T10:06:53","slug":"bank-of-east-asia-profits-rise-on-robust-wealth-management-business","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-east-asia-profits-rise-on-robust-wealth-management-business\/","title":{"rendered":"Bank of East Asia profits rise on robust wealth-management business"},"content":{"rendered":"


\nBank of East Asia (BEA), Hong Kong\u2019s largest family-owned lender, beat expectations with 14 per cent growth in its first-half net profit, as a robust wealth-management business offset an increase in bad debt from commercial real estate.
\nThe bank recorded HK$2.41 billion (US$309 million) in net profit for the six months to June, or 86 HK cents per share, compared with HK$2.11 billion a year earlier, according to a stock exchange filing on Thursday. Analysts had expected 11 per cent profit…
\n
\nSource : South China Morning Post
\nRead more…Bank of East Asia profits rise on robust wealth-management business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of East Asia (BEA), Hong Kong\u2019s largest family-owned lender, beat expectations with 14 per...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-159692","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FxG","jetpack-related-posts":[{"id":47441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-shares-hit-historic-high-after-record-annual-core-profit-officials-expect-hk-home-prices-to-rise-5-pc-this-year\/","url_meta":{"origin":159692,"position":0},"title":"Wheelock shares hit historic high after record annual core profit. Officials expect HK home prices to rise 5 pc this year","date":"March 10, 2017","format":false,"excerpt":"\r Wheelock and Company Limited, the Hong Kong property and logistics conglomerate that controls Wharf Holdings, saw its shares surge to a record high on Friday following strong core earnings for 2016, thanks to a greater profit contribution from Wharf, strong home sales in the mainland and Hong Kong, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/","url_meta":{"origin":159692,"position":1},"title":"K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales","date":"March 21, 2017","format":false,"excerpt":"\r K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland. The mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62695,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-property-spends-us895m-on-share-buy-backs-as-interim-profits-rise-14-per-cent\/","url_meta":{"origin":159692,"position":2},"title":"Li Ka-shing\u2019s CK Property spends US$895m on share buy-backs as interim profits rise 14 per cent","date":"August 3, 2017","format":false,"excerpt":"\r Chueng Kong Property Holdings, controlled by tycoon Li Ka-shing, has reported a 14 per cent increase in core profits for the first half year, driven by a strong contribution from Hong Kong property sales. Underlying profit, excluding revaluation gains on investment properties, amounted to HK$9.48 billion (US$1.21 billion), or\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-china-unit-buys-three-commercial-buildings-in-hong-kong-for-hk3-billion\/","url_meta":{"origin":159692,"position":3},"title":"Bank of China unit buys three commercial buildings in Hong Kong for HK$3 billion","date":"August 31, 2017","format":false,"excerpt":"\r Bank of China (Hong Kong)\u2019s asset management arm said it has completed the acquisition of three commercial buildings in Hong Kong for a total of HK$3.1 billion (US$396 million), the latest deal involving mainland entities in the city\u2019s property market. BOCHK Asset Management bought 100 per cent of The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-mtr-corp-net-profit-drops-21-1pc-to-hk10-2b-on-lower-property-income\/","url_meta":{"origin":159692,"position":4},"title":"Hong Kong\u2019s MTR Corp net profit drops 21.1pc to HK$10.2b on lower property income","date":"March 7, 2017","format":false,"excerpt":"\r MTR Corp announced a 21.1 per cent fall in net profit to HK$10.25 billion (US$1.32 billion) as its earnings contribution from Hong Kong property development slumped. The city\u2019s sole operator of the mass transit railway system said total revenue rose 8.4 per cent to HK$45.19 billion for the year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sets-a-conservative-sales-target-of-hk10-billion-this-year-after-reporting-9-per-cent-rise-in-core-profit\/","url_meta":{"origin":159692,"position":5},"title":"Wheelock sets a \u2018conservative\u2019 sales target of HK$10 billion this year after reporting 9 per cent rise in core profit","date":"March 12, 2019","format":false,"excerpt":"\r Wheelock and Co, which invests in property, hotels and logistics, set a conservative sales target of about HK$10 billion (US$1.27 billion) for this year after the group reported a modest gain in core profit for last year.Underlying profit, excluding revaluation gains on investment properties, amounted to HK$13.2 billion (US$1.69\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159692"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=159692"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159692\/revisions"}],"predecessor-version":[{"id":159693,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159692\/revisions\/159693"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=159692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=159692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=159692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}