HSBC’s $14 Billion Hong Kong Buyout Adds to Exuberant Year
This deal pushes this year’s potential volume of deals involving companies in Hong Kong to $74 billion, marking one of the largest transaction in 2025
HSBC’s $14 Billion Hong Kong Buyout Adds to Exuberant Year
HSBC Holdings PLC has announced plans (proposal) to buy out the remaining 37% shares of Hang Seng Bank Ltd—one of Hong Kong’s leading lenders—in a deal valued at around US$14 billion, marking one of Hong Kong’s largest transactions this year. The British banking group currently owns about 63% of Hang Seng and aims to buy the remaining shares for HK$155 per share, that's roughly a 30% premium to the bank’s last market closing price before the announcement. This move highlights HSBC deepening its commitment to Asia and its confidence in Hong Kong’s long-term financial hub despite the fact that there's a sluggish property market and slower growth in the region. Chief Executive Georges Elhedery said the buyout would simplify HSBC’s structure and strengthen its presence in its biggest market. If completed, the deal would give HSBC 100% control of Hang Seng Bank, allowing it to streamline operations, simplify reporting, and capture more profits from its Asian business. The buyout adds t…
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Independent journalist covering tech, business, finance, and science | BSc Accounting student | He founded FinNG
