About Chong Hing Bank
Chong Hing Bank is a company based in Hong Kong (China) founded in 1948 was acquired by Yuexiu Group in October 2013.. Chong Hing Bank operates in a competitive market with competitors including Investec, SVB, Scotiabank, Bank of America and China Merchants Bank, among others.
- Headquarter Hong Kong, China
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Yuexiu Group
(Oct 25, 2013)
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Funding Insights of Chong Hing Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chong Hing Bank
Chong Hing Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yuexiu Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Financial services are provided by Yuexiu Group across various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chong Hing Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chong Hing Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chong Hing Bank Comparisons
Competitors of Chong Hing Bank
Chong Hing Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Investec, SVB, Scotiabank, Bank of America and China Merchants Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Banking services are provided to innovative companies, investors, and individuals.
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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Commercial banking and asset management services are offered worldwide.
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Diversified banking and wealth management services are provided in China.
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| domain | founded_year | HQ Location |
Commercial bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chong Hing Bank
Frequently Asked Questions about Chong Hing Bank
When was Chong Hing Bank founded?
Chong Hing Bank was founded in 1948.
Where is Chong Hing Bank located?
Chong Hing Bank is headquartered in Hong Kong, China.
What does Chong Hing Bank do?
Chong Hing Bank was founded in 1948 and operates as a commercial bank in Hong Kong, China. Core activities encompass deposit-taking, lending, and trade finance services for retail and corporate clients. The institution maintains a presence in the local financial sector, supporting economic transactions within the region. Its domain, chbank.com, facilitates online banking access for customers.
Who are the top competitors of Chong Hing Bank?
Chong Hing Bank's top competitors include Investec, SVB and Scotiabank.
Who are Chong Hing Bank's investors?
Chong Hing Bank has 1 investor. Key investors include Yuexiu Group.