HSBC moves to take Hang Seng Bank private in a HK$290 billion deal, offering a 33% premium to shareholders and reaffirming confidence in Hong Kong’s financial hub status.
HSBC proposes $13.6 billion privatisation of Hong Kong’s Hang Seng Bank
HSBC said it planned to privatise Hong Kong's Hang Seng Bank in a deal worth HK$106.1 billion ($13.63 billion) after its majority-held subsidiary has come under fire for its performance and exposure ...
HSBC proposes US$13.6bil privatisation of Hong Kong’s Hang Seng Bank
HSBC said on Thursday it planned to privatise Hong Kong's Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property markets in the ...
Hong Kong stocks fall on disappointing ‘golden week’ retail sales in China
Hong Kong stocks fell on Thursday, as weak holiday spending in mainland China stoked concerns that consumption would not provide much support to the economy. The Hang Seng Index lost 1.1 per cent to ...
HSBC proposes to privatise Hong Kong’s Hang Seng Bank for $13.6 billion
HSBC said on Thursday it planned to privatise Hong Kong's Hang Seng Bank after its majority-held subsidiary has come under fire for its performance and exposure to faltering property markets in the ...
HSBC Makes Privatization Offer for Hang Seng Bank
HSBC, which owns a 63% stake in Hang Seng Bank, said Thursday that it has made a cash offer of 155.00 Hong Kong dollars, equivalent to US$19.92 per share, to buy shares it doesn’t already own in the ...
Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion
HSBC has asked the board of Hang Seng Bank to put forward a privatization proposal to shareholders. Shares in Hang Seng Bank would be canceled in exchange for 155 Hong Kong dollars apiece. HSBC owns ...
HSBC offers to privatise Hang Seng Bank via scheme of arrangement at HK$155 per share
HSBC has offered to privatise Hang Seng Bank via a scheme of arrangement. The scheme price is HK$155 per share, a 33% premium over the undisturbed 30-days average closing price of HK$116.5.
As Super Typhoon Ragasa swept through Hong Kong, thrill seekers were involved in a number of bizarre incidents
As Super Typhoon Ragasa swept through Hong Kong, thrill seekers were involved in a number of bizarre incidents.
China Market Update: Hong Kong Declines On Low Volumes, Mainland To Reopen Tomorrow
Asian equities were mixed but mostly lower overnight, though Vietnam saw gains on its upgrade to Emerging Market status by index provider FTSE Russell, while Pakistan and Hong Kong underperformed.
A neighborhood joint in Hong Kong has been named the world’s best bar
Which bars are worth traveling for? In 2025, the No. 1 answer to that question is Hong Kong’s Bar Leone. It’s the world’s best bar, according to this year’s World’s 50 Best list.
Hong Kong logs record number of ‘very hot’ October days
Hong Kong’s health authorities urged the public to take precautions against heat-related illnesses. Read more at straitstimes.com. Read more at straitstimes.com.
HKTDC and HKSTP will stage Hong Kong Tech Pavilions at GITEX Global 2025 in Dubai
Making its return since 2020, the Hong Kong Tech Pavilions at GITEX Global 2025 aim to help Hong Kong tech SMEs and start-ups connect with Middle Eastern investors and support the region’s AI ...
Hong Kong adds additional private residential plot in Northern Metropolis
Development chief Bernadette Linn says 10-hectare plot in Hung Shui Kiu will be adjusted amid increasing developer interest ...