HSBC to take full ownership of Hang Seng Bank

The announcement details the shareholding structure of Hang Seng Bank as of December 12, 2025. Upon the scheme becoming effective, HSBC Asia Pacific's ownership of Hang Seng Bank is expected to reach 100%, up from its 63.4328% stake (1,188,057,371 shares) as of December 12, 2025. Other Code Disinterested Shareholders collectively held 35.3546% of Hang Seng Bank shares. The total number of Hang Seng Bank shares outstanding was 1,872,937,536.

The document also provides details on dealings in Hang Seng Bank shares and holdings in warrants or derivatives by HSBC Asia Pacific and its concert parties. HSBC Bank plc reported borrowing 301,687 Hang Seng Bank shares, representing 0.016% of issued share capital. HSBC Asia Pacific held long positions in various warrants, representing 921,000, 6,280, 108,696, and 234,840 Hang Seng Bank shares respectively, with exercise prices ranging from HK$113.20 to HK$131.676.

Furthermore, HSBC Global Asset Management (UK) Limited's aggregate dealings between April 9, 2025, and April 15, 2025, included buying 6,300 Hang Seng Bank shares, with prices ranging from HK$93.80 to HK$99.10. Dealings by HSVM (a wholly-owned subsidiary of Hang Seng Bank) on December 11 and 12, 2025, involved numerous buy and sell transactions, all at a price of HK$153.00, except for some buys at HK$152.70.