--- title: "HSBC Forecasts Confident Returns From Hang Seng Deal" description: "HSBC has announced its confidence in the privatization of Hong Kong lender Hang Seng, expecting nearly $1 billion in cumulative benefits. The bank anticipates $900 million in total benefits, including" type: "news" locale: "en" url: "https://longbridge.com/en/news/276963635.md" published_at: "2026-02-26T01:07:21.000Z" --- # HSBC Forecasts Confident Returns From Hang Seng Deal > HSBC has announced its confidence in the privatization of Hong Kong lender Hang Seng, expecting nearly $1 billion in cumulative benefits. The bank anticipates $900 million in total benefits, including $500 million in synergies and $400 million in additional revenue and cost opportunities by 2028, with restructuring costs estimated at $600 million. HSBC CEO Georges Elhedery emphasized the strategic importance of this $13.7 billion deal, which aims to enhance capabilities across both banks. The privatization was completed on January 26, following necessary approvals, with HSBC previously holding a 63% stake in Hang Seng. **London-based HSBC expressed confidence in its decision to privatize Hong Kong lender Hang Seng, anticipating cumulative benefits of nearly $1 billion.** HSBC expects the privatization of Hang Seng Bank to generate $900 million in total benefits, according to the bank’s strategic report. This includes the realization of $500 million in synergies alongside the ambition of $400 million in additional revenue and cost opportunities by the end of 2028. Associated restructuring costs are estimated to be $600 million. «Our $13.7 billion privatization of Hang Seng Bank brings together 255 years of history and heritage, combining global reach and local depth. It allows us to scale capabilities across both banks for all customers,» said HSBC CEO **Georges Elhedery**. «The privatization of Hang Seng Bank reflects our confidence and conviction in Hong Kong’s future growth.» On January 26, HSBC completed the privatization of Hang Seng following shareholder and court approval. Prior to the deal, the British bank already held a 63 percent stake in the local lender. ### Related Stocks - [00005.HK - HSBC HOLDINGS](https://longbridge.com/en/quote/00005.HK.md) - [517900.CN - China Merchants CSI BANK AH Price ETF](https://longbridge.com/en/quote/517900.CN.md) - [512070.CN - E Fund CSI 300 Financials (ex Banks) ETF](https://longbridge.com/en/quote/512070.CN.md) - [00011.HK - HANG SENG BANK](https://longbridge.com/en/quote/00011.HK.md) - [512820.CN - WP CSI Banks ETF](https://longbridge.com/en/quote/512820.CN.md) - [159842.CN - Yinhua CSI All Share Investment Banking & Brokerage ETF](https://longbridge.com/en/quote/159842.CN.md) - [515020.CN - ChinaAMC CSI Banks ETF](https://longbridge.com/en/quote/515020.CN.md) - [513750.CN - GF Fund CSI HK Connect Financials(ex Banks) Thematic ETF](https://longbridge.com/en/quote/513750.CN.md) - [512000.CN - Hwabao WP CSI All Share Investment Banking & Brokerage ETF](https://longbridge.com/en/quote/512000.CN.md) - [516210.CN - Huaan CSI Banks ETF](https://longbridge.com/en/quote/516210.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Golf-New Zealand's Ko balancing fatigue with Grand Slam ambition | Lydia Ko, a three-time major champion, is balancing her ambition for a career Grand Slam with the physical fatigue from | [Link](https://longbridge.com/en/news/276857683.md) | | HSBC Annual Profit Beats Consensus, Lifts Key Targets — Update | HSBC Holdings reported an annual profit that, while down 7.4% to $29.91 billion, exceeded market expectations. The bank | [Link](https://longbridge.com/en/news/276854119.md) | | BOK dot plot: 4 of 21 policy rate projections by board members for next six months at 2.25% | BOK dot plot: 4 of 21 policy rate projections by board members for next six months at 2.25% | [Link](https://longbridge.com/en/news/276985232.md) | | HSBC Approves $3.93 Billion Variable Pay, Up 10% From 2024 | HSBC Approves $3.93 Billion Variable Pay, Up 10% From 2024 | [Link](https://longbridge.com/en/news/276927157.md) | | HSBC Schedules Global Investor Zoom Call on 2025 Annual Results | HSBC Holdings plc will host a Zoom call for investors and analysts to discuss its 2025 annual results, featuring Group C | [Link](https://longbridge.com/en/news/276850448.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.