Source: Xinhua
Editor: huaxia
2026-01-27 23:01:01
HONG KONG, Jan. 27 (Xinhua) -- Hang Seng Bank Limited's listing status on the Hong Kong Stock Exchange was officially withdrawn on Tuesday.
Following the delisting, Hang Seng Bank became a wholly owned subsidiary of the Hong Kong and Shanghai Banking Corporation Limited (HSBC Asia Pacific) and HSBC Holdings plc (HSBC Group).
In October 2025, HSBC Group, HSBC Asia Pacific, and Hang Seng Bank jointly announced that HSBC Asia Pacific intended to privatize Hang Seng Bank through a scheme of arrangement. On Jan. 8, 2026, HSBC Group and HSBC Asia Pacific issued a joint statement confirming that the privatization plan had been approved by the relevant shareholders at Hang Seng Bank's court meeting and extraordinary general meeting. ■