Changes in Hong Kong stocks | HSBC Holdings (00005) fell more than 2% Hang Seng Bank will hold a meeting today to vote on privatization

The Zhitong Finance App learned that HSBC Holdings (00005) fell by more than 2%. As of press release, it was down 2.67% to HK$123.8, with a turnover of HK$417 million.

According to news, in 2025, HSBC Holdings proposed privatizing Hang Seng Bank at HK$155 per share. The court meeting and special shareholders' meeting will be held on January 8, 2026. On October 9, 2025, HSBC Holdings and Hang Seng Bank announced that HSBC Asia Pacific, as the offender, had requested the Hang Seng Bank board of directors to submit privatization proposals to planned shareholders, with a transaction valuation of approximately HK$290.3 billion. According to the announcement, this privatization will be carried out in accordance with the agreement arrangement in section 673 of the Company Regulations. The consideration for this privatization was set at HK$155 per share, a 30.3% premium over Hang Seng Bank's closing price of HK$119 per share on the previous trading day.