Ge Long Hui A P P·2025-12-26 16:06Core Viewpoint - HSBC Holdings has proposed to privatize Hang Seng Bank at a price of HKD 155 per share, with a court meeting and special shareholder meeting scheduled for January 8 next year [1] Group 1: Transaction Details - The transaction logic is straightforward, offering cash consideration that provides tangible value to Hang Seng shareholders [1] - The proposed price represents a significant premium over the net asset value and transaction model [1] Group 2: Support from Advisory Firms - Two independent voting advisory firms, Glass Lewis and ISS, have urged shareholders to support the proposal [1] - Glass Lewis emphasizes that HSBC, as the long-term controlling shareholder, is the most logical and realistic buyer [1] - ISS views the proposed consideration as highly favorable for shareholders, presenting an ideal opportunity for them to exit and realize their investment [1] Group 3: Strategic Alignment - The privatization proposal aligns with HSBC's overall strategic development and will aid in further expanding its business in Hong Kong [1]