Hang Seng Bank Shareholders Approve HSBC’s US$14 Billion Buyout Plan

Hang Seng Bank shareholders approve HSBC’s US$14 billion buyout plan

HSBC receives strong backing from Hang Seng Bank’s independent shareholders, getting 85.75 per cent of the votes.

Hang Seng Bank shareholders greenlight buyout plan by HSBC

Shareholders at Hang Seng Bank have approved a plan for the bank to be privatised by HSBC Asia Pacific, part of the HSBC Group.   The proposal, which was first announced in October 2025, places an overall value on Hang Seng Bank of approximately HK$106.1bn (then $13.63bn).  The scheme puts forward that HSBC Asia Pacific will buy out all remaining shares currently held by minority shareholders at a rate of HK$155 per share.   At the recent court …

HSBC buyout plan wins Hang Seng shareholders' nod

Shareholders of Hang Seng Bank have overwhelmingly backed a buyout plan by its owner HSBC on taking the local lender pri...

Hang Seng Bank shareholders approve HSBC proposal to privatise Hang Seng Bank

HSBC's proposal to privatise Hang Seng Bank Limited by way of a scheme of arrangement has been approved by relevant shareholders.

Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal

Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed