Hang Seng Bank goes private, delists on HKEX
Registered shareholders to receive payment via bank transfer or cheque.
Hang Seng Bank Limited’s privatisation has been finalised, following the Scheme of Agreement from Hongkong and Shanghai Banking Corporation Limited (HSBC), effective on 26 January.
Hang Seng will also withdraw its shares from the Hong Kong Stock Exchange at 4 p.m. on 27 January, HSBC announced in a press release.
Shareholders included in the register as of the Scheme Record Date are entitled to a payment, which will be received on or before 4 February 2026.
Hong Kong Securities Clearing Company Limited nominees will receive the payment via electronic bank transfer, whilst other shareholders will receive a cheque via ordinary post at their own risk.