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HSBC Wins Shareholder Backing to Privatise and Delist Hang Seng Bank

Story Highlights
  • HSBC secured shareholder approval to privatise Hang Seng Bank via a court-sanctioned scheme of arrangement.
  • The scheme’s approval clears the way for Hang Seng Bank’s Hong Kong delisting and full ownership by HSBC Asia Pacific.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HSBC Wins Shareholder Backing to Privatise and Delist Hang Seng Bank

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An announcement from HSBC Holdings ( (GB:HSBA) ) is now available.

HSBC, through its Asia-Pacific arm, has moved a step closer to fully privatising Hang Seng Bank after shareholders approved a court-sanctioned scheme of arrangement and related capital changes at both a court meeting and a general meeting held on 8 January 2026. The scheme, which covers the remaining 36.57% of Hang Seng Bank shares not already owned by HSBC Asia Pacific, met the required approval thresholds under Hong Kong company law and the Takeovers Code, paving the way for the bank’s delisting from the Hong Kong Stock Exchange, expected at 4:00 p.m. on 27 January 2026, and for the closing of Hang Seng Bank’s register of members from 20 January 2026 to determine entitlements to the scheme consideration. The move will give HSBC full control over Hang Seng Bank’s equity structure, simplifying group ownership and potentially reshaping the bank’s capital market profile and governance for remaining stakeholders.

The most recent analyst rating on (GB:HSBA) stock is a Buy with a £1240.00 price target. To see the full list of analyst forecasts on HSBC Holdings stock, see the GB:HSBA Stock Forecast page.

Spark’s Take on GB:HSBA Stock

According to Spark, TipRanks’ AI Analyst, GB:HSBA is a Outperform.

HSBC’s strong financial performance and positive earnings call are the most significant factors driving the score. The technical analysis supports a positive outlook, while valuation metrics are reasonable. Corporate events further bolster confidence in the company’s future.

To see Spark’s full report on GB:HSBA stock, click here.

More about HSBC Holdings

HSBC Holdings plc is a global banking and financial services group with a strong presence in Asia through The Hongkong and Shanghai Banking Corporation Limited (HSBC Asia Pacific). Hang Seng Bank Limited, in which HSBC Asia Pacific already holds a majority strategic stake, is a Hong Kong-based bank focused on retail and commercial banking, wealth management and related financial services, with its shares listed on the Hong Kong Stock Exchange.

Average Trading Volume: 24,261,447

Technical Sentiment Signal: Buy

Current Market Cap: £209.1B

See more insights into HSBA stock on TipRanks’ Stock Analysis page.

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