HSBC Moves Forward with Privatisation of Hang Seng Bank

Reuters
2025.12.17 14:46
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HSBC Asia Pacific has provided additional details on its proposal to privatize Hang Seng Bank Limited. HSBC Global Asset Management (UK) Limited purchased 6,300 Hang Seng Bank shares between April 9 and April 15, 2025, at prices between HK$93.80 and HK$99.10 per share. The transaction is subject to relevant conditions being met or waived.