HSBC offers to buy subsidiary Hang Seng Bank’s shares for HK$155 each, according to an exchange filing on Thursday.
Sungrow targets US$126 million in Hong Kong IPO
Chinese inverter and storage manufacturer Sungrow has revealed details of its planned flotation on the Hong Kong Stock Exchange.
Clifford Chance, Llinks Law Advise $6B Chinese Energy Company Sungrow on Hong Kong IPO
Clifford Chance and Llinks Law are advising Chinese renewable energy equipment supplier Sungrow Power Supply on its Hong Kong initial public offering. Clifford Chance partners Fang Liu and Virginia ...
Hang Seng Bank shares climb 25% after parent HSBC’s privatization offer with $37B valuation
HSBC asks Hang Seng Bank board to provide privatization plan to shareholders through scheme of arrangement in accordance with Companies Ordinance of Hong Kong - Anadolu Ajansı ...
HSBC stock slumps after $14 billion bet on Hong Kong — at a hefty premium
HSBC Holdings on Thursday said it was offering a 30% premium to buy just over the one-third of Hang Seng Bank it didn’t already own.
HSBC to Buy Out Hang Seng Unit for $14 Billion in Hong Kong Bet
HSBC Holdings Plc proposed taking its troubled Hong Kong subsidiary Hang Seng Bank Ltd. private in a deal representing a major bet on the Chinese financial hub. Its shares plunged.
Hang Seng Bank shares surge 30% on HSBC bid to privatise in major HK buyout
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 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.
Hong Kong court allows HSBC to repossess Abby Choi’s former father-in-law’s flat
Subsidised flat in Kwai Chung’s Sheung Man Court repossessed after Kwong Kau, 67, defaulted on HK$2 million mortgage loan from the bank.
Chinese Robotics Company to Raise US$85 Million in Hong Kong IPO
Robotics company Beijing Yunji Technology plans to raise $84.7 million via an initial public offering in Hong Kong, as Chinese companies continue to tap the city's fundraising markets.
Asia markets set to open higher after World Bank raises regional growth forecast
Asia-Pacific markets were set to open higher Wednesday, breaking ranks from Wall Street losses. Asia-Pacific markets were set to open higher Wednesday, breaking ranks from Wall Street losses, after ...