On 12 November 2025, Hang Seng Bank Limited released a public disclosure form regarding its privatisation by way of a scheme of arrangement. The document provides details about recent share dealings in accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers.
HSBC Global Asset Management (UK) Limited reported a purchase of 200 shares in Hang Seng Bank Limited on 11 November 2025 at a price of HK$151.9000 per share. Following the transaction, its holding rose to 1,378,191 shares, representing approximately 0.0734% of the class.
According to the announcement, HSBC Global Asset Management (UK) Limited is a Class (1) associate connected with the Offeror under the definition of acting in concert. The dealings were carried out for the account of discretionary investment clients, and the entity is ultimately owned by HSBC Holdings plc.