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On Monday, the Sensex settled 301.93 points, or 0.36% higher, at 83,878.17, while the Nifty gained 106.95 points, or 0.42%, to close at 25,790.25.
High-dividend yielding Hong Kong and mainland banking stocks are likely to attract investors looking to park some of the HK$106.16 billion (US$13.6 billion) windfall from the Hang Seng Bank ...
An announcement from HSBC Holdings ( (GB:HSBA)) is now available. HSBC, through its Asia-Pacific arm, has moved a step closer to fully privatising Hang Seng Bank after shareholders approved a ...
London-headquartered HSBC has successfully obtained approval from the shareholders of subsidiary Hang Seng to take the Hong Kong lender private. HSBC’s proposal to buy out Hong Kong-based subsidiary ...
[HONG KONG] Hang Seng Bank shareholders on Thursday (Jan 8) approved a plan by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused lender’s presence ...
The journey towards privatization for Hang Seng Bank has been marked by crucial steps. Shareholders participated in a court meeting where votes were tallied under the code for non-interested shares.
Hong Kong’s banking sector began a new chapter on Thursday as Hang Seng Bank shareholders approved HSBC Holdings’ bid to take the lender private in a deal worth nearly US$14 billion. The proposal, ...
HONG KONG - HSBC Asia Pacific has secured shareholder approval to privatize Hang Seng Bank Limited, with the scheme of arrangement receiving the required majority support at meetings held Thursday. At ...