瑞银:恒生银行(00011)私有化方案获股东会批准对汇丰控股(00005)影响正面
Group 1 - UBS reports that Hang Seng Bank has received a privatization proposal from HSBC, which has been approved at the special shareholders' meeting and court session, with the delisting scheduled for January 27 [1] - UBS anticipates that this will expedite the transaction completion by 4 to 5 months [1] - HSBC is expected to provide more financial details when it announces its fiscal year 2025 results on February 25 [1] Group 2 - UBS holds a more positive view on this transaction compared to the market, although it does not change the ultimate value of HSBC [1] - UBS maintains a "Neutral" rating on HSBC Holdings listed in London with a target price of £10.35 [1]