Zhi Tong Cai Jing·2025-10-09 01:40Core Viewpoint - HSBC Holdings experienced a significant decline in stock price, dropping over 5% in early trading, with a current price of HKD 103.9, reflecting a decrease of 6.06% [1] Group 1: Company Actions - HSBC and Hang Seng Bank jointly announced that HSBC Asia Pacific, as the offeror, 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, which represents a premium of approximately 30.3% over Hang Seng Bank's previous closing price of HKD 119.00 [1] Group 2: Market Reaction - The trading volume for HSBC Holdings reached HKD 1.002 billion, indicating significant market activity in response to the news [1]