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An announcement from Hang Seng Bank ( (HK:0011) ) is now available.
Hang Seng Bank Limited, in conjunction with HSBC Holdings and HSBC Asia Pacific, announced a proposal for its privatization through a scheme of arrangement under the Companies Ordinance. The timeline for dispatching the scheme document has been extended to December 17, 2025, with the proposal expected to be completed in the first quarter of 2026, pending satisfaction of all conditions.
The most recent analyst rating on (HK:0011) stock is a Buy with a HK$98.70 price target. To see the full list of analyst forecasts on Hang Seng Bank stock, see the HK:0011 Stock Forecast page.
More about Hang Seng Bank
Hang Seng Bank Limited operates in the financial services industry, providing a range of banking and financial products. It is a subsidiary of HSBC Holdings and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 3,625,728
Technical Sentiment Signal: Buy
Current Market Cap: HK$284.5B
Find detailed analytics on 0011 stock on TipRanks’ Stock Analysis page.