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HSBC Holdings PLC on Friday noted that the High Court sanctioned the privatisation of Hang Seng Bank Ltd. The London-based, Asia-focused lender expects the privatisation to become effective on Monday, with Hang Seng Bank shares to be withdrawn from the Hong Kong Stock Exchange on Tuesday. The sanction by the court was without modification, HSBC said. HSBC shares were marginally lower at 1,243.60 pence each on Friday morning in London. In Hong Kong, shares closed 0.2% higher at HK$130.00. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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