BOC Hong Kong to Complete Acquisition of BOCI Private Bank and Disposal of Po Sang Securities on January 30, 2026

Reuters
2026.01.28 08:51
portai
I'm PortAI, I can summarize articles.

BOC Hong Kong (Holdings) Ltd. has confirmed that it will complete the acquisition of BOCI Private Bank and the disposal of Po Sang Securities on January 30, 2026. Following the acquisition, BOCI Private Bank will be an indirect wholly-owned subsidiary, and its financial results will be consolidated into the group’s accounts. Po Sang Securities will be excluded from the group’s consolidated financial statements post-disposal. Transitional services agreements will be established for a smooth transition.