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 ...
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.