Core Viewpoint - HSBC plans to take Hang Seng Bank private, valuing it at over HK$290 billion (over $37 billion), which has led to a significant increase in Hang Seng Bank's shares by 29.5% [1][2] Group 1: Privatization Proposal - HSBC has requested Hang Seng Bank's board to propose a privatization plan to shareholders under Hong Kong's Companies Ordinance [1] - The offer includes a cancellation of shares at HK$155 each, approximately 33% above the average share price of HK$116.5 over the past 30 days [2] Group 2: Strategic Intent - HSBC's Group Chief Executive, Georges Elhedery, emphasized the opportunity to grow both Hang Seng and HSBC while preserving Hang Seng's brand and investing in new strengths [3] - The deal reflects HSBC's confidence in Hong Kong as a global financial center and its role as a connector between international markets and mainland China [3] Group 3: Financial Implications - The deal values HSBC's stake in Hang Seng Bank at HK$106 billion, as HSBC owns around 63% of the bank [2] - The offer allows for adjustments based on any dividends declared after the announcement date, excluding Hang Seng's third interim dividend for 2025 [4] Group 4: Governance Perspective - Hang Seng Bank is a key regional unit for HSBC, with a significant presence in the Hong Kong banking sector [5] - Analysts view the move as positive for governance, addressing issues related to parent-subsidiary double listings [5]

HSBC Holdings plans to take Hang Seng Bank private in a deal that values the lender at $37 billion, ramping up its exposure to Hong Kong as the financial hub attempts to bounce back from years of economic turbulence. HSBC Group Chief Executive Georges Elhedery speaks exclusively on Bloomberg's The China Show. ...

消息面上，汇丰控股及恒生银行联合公布，汇丰亚太作为要约人，已要求恒生银行董事会向计划股东提 呈建议，根据公司条例第673条以协议安排方式将恒生银行私有化。倘若计划生效，计划股份将予以注 销，以换取计划对价，即持有每股计划股份可获现金港币155.00元，计划对价相当于较恒生银行上一日 收盘价每股119.00港元溢价约30.3%。 汇丰控股(00005)早盘跌超5%，截至发稿，跌6.06%，报103.9港元，成交额10.02亿港元。 ...

智通财经APP获悉，汇丰控股(00005)早盘跌超5%，截至发稿，跌6.06%，报103.9港元，成交额10.02亿 港元。 消息面上，汇丰控股及恒生银行联合公布，汇丰亚太作为要约人，已要求恒生银行董事会向计划股东提 呈建议，根据公司条例第673条以协议安排方式将恒生银行私有化。倘若计划生效，计划股份将予以注 销，以换取计划对价，即持有每股计划股份可获现金港币155.00元，计划对价相当于较恒生银行上一日 收盘价每股119.00港元溢价约30.3%。 ...

Core Viewpoint - HSBC Holdings and Hang Seng Bank have announced a proposal for the privatization of Hang Seng Bank, with HSBC Asia Pacific acting as the offeror [1] Group 1 - HSBC Asia Pacific has requested the Hang Seng Bank board to present a proposal to shareholders for privatization under Section 673 of the Companies Ordinance [1] - If the plan is approved, the shares will be canceled in exchange for a cash consideration of HKD 155.00 per share, subject to any dividend adjustments [1]

Group 1 - HSBC Holdings and Hang Seng Bank announced a proposal for the privatization of Hang Seng Bank, with HSBC Asia as the offeror [1] - The proposed cash consideration for each share is HKD 155.00, representing a premium of approximately 30.3% over the closing price of HKD 119.00 on October 8 [1] - Shareholders will receive an interim dividend for the third quarter of 2025, which will not be deducted from the proposed cash consideration [1] Group 2 - Hang Seng Bank has a long-standing presence in Hong Kong, and HSBC respects its unique position while planning to maintain its independent brand and governance [2] - HSBC aims to strengthen collaboration between HSBC Asia and Hang Seng Bank to enhance operational efficiency and leverage complementary strengths [2] - The strategy includes continued investment in talent development and technological innovation for both banks [2]

汇丰控股(00005)发布公告，于2025年10月7日斥资526.6万英镑回购50万股。 ...

Core Viewpoint - HSBC has initiated a request for the board of Hang Seng Bank to present a privatisation proposal to shareholders, utilizing a scheme of arrangement under Hong Kong's Companies Ordinance [1] Group 1 - HSBC is seeking to privatize Hang Seng Bank, indicating a strategic move to consolidate its operations and potentially enhance shareholder value [1] - The proposal will be submitted to shareholders, suggesting that the decision will ultimately rest with them [1] - The process will follow the legal framework established by Hong Kong's Companies Ordinance, ensuring compliance with local regulations [1]

Core Viewpoint - HSBC Holdings and Hang Seng Bank have announced a proposal for the privatization of Hang Seng Bank, with a cash offer of HKD 155.00 per share, representing a premium of approximately 30.3% over the last closing price of HKD 119.00 [1][2] Group 1: Privatization Proposal - HSBC Asia Pacific, as the offeror, has requested the Hang Seng Bank board to present the proposal to shareholders for privatization under Section 673 of the Companies Ordinance [1] - The proposed cash consideration will be paid to shareholders for all issued shares of Hang Seng Bank, excluding certain shares held by HSBC Asia Pacific [1][2] - Shareholders will receive an interim dividend for the third quarter of 2025, which will not be deducted from the proposed cash consideration [1] Group 2: Financial Implications - HSBC Asia Pacific will utilize internal resources to pay the proposed cash consideration to shareholders, with BofA Securities and Goldman Sachs confirming sufficient financial resources for this payment [3] - The proposal is expected to enhance earnings per share by eliminating non-controlling interest deductions from Hang Seng Bank's profits [3] - HSBC aims to maintain a dividend payout ratio of 50% of earnings per share, excluding significant items, and anticipates a capital impact of approximately 125 basis points upon completion of the proposal [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購滙豐控股、滙豐亞太或恒生銀行證券的邀請或要約 或該等邀請或要約的一部分，亦不在任何司法管轄區構成任何投票或批准的招攬，亦不構成於任 何司法管轄區內任何收購、購買或認購滙豐控股、滙豐亞太或恒生銀行證券的邀請 、 要約或招攬 要約，亦不得在任何司法管轄區內違反適用法律進行銷售、發行或轉讓滙豐控股、滙豐亞太或恒 生銀行證券。若構成違反任何司法管轄區的適用法律或法規，則本公告所載全部或部分資料不得 於、向或從該司法管轄區發佈、刊發或分發。 滙豐控股有限公司 (香港股份代號：5) 恒生銀行有限公司 (股份代號: 11(港幣櫃台)及 80011(人民幣櫃台) ) 香港上海滙豐銀行有限公司 ______________________________________________________________________ 聯合公告 （1）香港上海滙豐銀行有限公司根據公司 ...