HSBC Moves to Take Hang Seng Bank Private

Reuters
2026.01.23 08:30
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HSBC Holdings plc is progressing with the privatization of Hang Seng Bank Limited, acquiring all shares not already owned by HSBC. The High Court has sanctioned the scheme, and the effective date for the transaction and the withdrawal of Hang Seng Bank shares from listing have been established. All necessary steps for completion are moving forward.