Hong Leong

Hong Leong is a prominent diversified financial services and conglomerate group based in Kuala Lumpur, Malaysia, with significant operations spanning across Singapore, Hong Kong, and other Southeast Asian markets. The group provides a comprehensive range of services including banking, housing loans, factoring, and real estate development, primarily through its key subsidiaries: Hong Leong Bank Berhad, Hong Leong Finance, and City Developments Limited. The broader Hong Leong Group was established in Malaysia in 1963 by Quek Leng Chan, building upon the earlier foundations laid by Kwek Hong Png's parent company. Demonstrating strong financial health, Hong Leong Financial Group reported a net profit of RM3.20 billion for FY2024. Furthermore, Hong Leong Bank operates over 35 branches regionally and strategically holds a 20% equity stake in China's Bank of Chengdu, underscoring its international expansion and influence.