飙涨41%！一银行龙头，宣布拟私有化

Core Viewpoint - HSBC Holdings and Hang Seng Bank announced a privatization proposal, with an estimated transaction value of approximately HKD 290.3 billion [1] Group 1: Privatization Proposal Details - HSBC Asia has requested the Hang Seng Bank board to present a privatization proposal to shareholders, with a cash consideration of HKD 155 per share [3][8] - The privatization will be conducted under the scheme of arrangement pursuant to Section 673 of the Companies Ordinance, leading to the cancellation of all Hang Seng Bank shares if the plan is approved [3][8] - The cash payment required from HSBC Asia to shareholders is approximately HKD 106.156 billion, representing a premium of 30.3% over the previous closing price of HKD 119 per share [8] Group 2: Market Reaction and Financial Impact - The privatization proposal has garnered significant market attention, with Hang Seng Bank's stock price surging by 41% at one point, closing up 25.88% at HKD 149.800 per share, giving it a market capitalization of HKD 281 billion [6][8] - The privatization is expected to enhance HSBC Holdings' earnings per share, with an estimated capital impact of approximately 125 basis points on the first day post-privatization [8] Group 3: Operational Independence and Brand Integrity - HSBC has committed to maintaining the operational independence of Hang Seng Bank post-privatization, ensuring compliance with local banking regulations and preserving its unique market position [10][12] - Hang Seng Bank will retain its licensed banking status, corporate governance structure, brand identity, and existing branch network to ensure continued customer service [10][12] Group 4: Financial Performance Overview - For the first half of the year, Hang Seng Bank reported revenue of HKD 20.975 billion, a year-on-year increase of 3%, while pre-tax profit fell by 28.39% to HKD 8.097 billion, and net profit attributable to shareholders decreased by 30.46% to HKD 6.880 billion [12]