Deal will see Hang Seng Bank’s shares taken off local stock exchange as HSBC doubles down on its Asian businessHSBC is shelling out £10bn to take its Hong Kong subsidiary private, in a move it said was designed to take advantage of the financial hub’s role as a “super-connector” between China and global markets.The deal will result in Hang Seng Bank’s shares being taken off the local stock exchange as London-headquartered HSBC doubles down on its Asian business and snaps up the 36.5% of shares it does not already own. Continue reading...
Sunday 12 October 2025
.theguardian - 3 days ago
HSBC makes £10bn bet on Hong Kong as ‘super-connector’ for China and west
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