<p>HSBC Holdings plc provided an update regarding the proposed privatisation of Hang Seng Bank Limited by The Hongkong and Shanghai Banking Corporation Limited. The transaction, which involves acquiring all shares of Hang Seng Bank not already owned by HSBC, is progressing as planned. The High Court has sanctioned the scheme, and the effective date for the transaction, as well as the expected date for the withdrawal of Hang Seng Bank shares from listing, have been set. The announcement confirmed that all necessary steps are moving forward for completion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HSBC Holdings plc published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260123-11999450), on January 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

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- HSBC Holdings plc is progressing with the privatization of Hang Seng Bank Limited by acquiring all shares not already owned by HSBC.  
- The High Court has sanctioned the scheme, establishing an effective date for the transaction and the expected withdrawal of Hang Seng Bank shares from listing.  
- All necessary steps are moving forward for completion, as confirmed by the announcement from HSBC.

HSBC Moves to Take Hang Seng Bank Private