HSBC said it plans to buy out minority interests in Hong Kong's Hang Seng Bank for HK$106.1 billion ($13.63 billion), paying a premium to take control of a subsidiary hit by faltering property markets ...
Hong Kong stocks fluctuate on disappointing ‘golden week’ retail sales in China
Hong Kong stocks wavered on Thursday, as weak holiday spending in mainland China fanned concerns over consumption, while investors awaited policy signals from the Communist Party’s key meeting this ...
Singapore stocks buck regional trend with Hongkong Land the biggest decliner; STI down 0.4%
Singapore's Straits Times Index (STI) closed lower by 0.4% on Oct 9, defying a general upward trend in other regional markets. Read more at straitstimes.com. Read more at straitstimes.com.
The transaction reflects a meaningful rebound in Hong Kong’s residential property segment, especially in high-end real estate
The transaction reflects a meaningful rebound in Hong Kong’s residential property segment, especially in high-end real estate.
Hong Kong ombudsman slams poor ‘attitude’, resource use of care homes after probe
Ombudsman urges social welfare authorities to improve supervision of care homes after investigation reveals underutilisation of respite services.
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 $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 ...