Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Major Bank Ratings | UBS: Hang Seng Privatization Plan Approved by Shareholders' Meeting, Positive Impact on HSBC Holdings

Major Bank Ratings | UBS: Hang Seng Privatization Plan Approved by Shareholders' Meeting, Positive Impact on HSBC Holdings

格隆汇格隆汇2026/01/09 06:13
Show original
By:格隆汇
Glonghui, January 9th|Hang Seng Bank has received a privatization proposal from HSBC Holdings, which has been approved at the special general meeting of Hang Seng Bank shareholders and the court meeting. Hang Seng Bank will be delisted on January 27th. UBS expects this will accelerate the transaction completion by 4 to 5 months. HSBC Holdings will provide more financial details when it announces its 2025 fiscal year results on February 25th. UBS has a more positive view of this transaction compared to the market, but the deal does not change HSBC Holdings' ultimate value. UBS maintains a "Neutral" rating and a target price of £10.35 for HSBC Holdings listed in London.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

SanDisk (SNDK.US) Q1 revenue surged 378% year-over-year to $11 billion, data center business income soared nearly 17 times

Driven by surging demand for NAND flash fueled by AI infrastructure construction and rising product prices, SanDisk's Q1 revenue increased by 378% year-on-year.

智通财经•2026/10/29 22:37
SanDisk (SNDK.US) Q1 revenue surged 378% year-over-year to $11 billion, data center business income soared nearly 17 times

Intel (INTC.US) Q3 net profit drops 18% year-on-year as PC business remains weak; stock price plunges over 21% after hours

Intel’s quarterly revenue reached $16.513 billion, a 21% increase from $13.653 billion in the same period last year; GAAP net profit was $3.32 billion, an 18% decrease from $4.063 billion in the same period last year.

智通财经•2026/10/29 22:31
Intel (INTC.US) Q3 net profit drops 18% year-on-year as PC business remains weak; stock price plunges over 21% after hours

Amazon (AMZN.US) Q3 revenue up 12% year-on-year, AWS revenue surges 39%, free cash flow turns negative

Amazon's net revenue for the quarter reached $201.944 billion, a 12% increase from $180.169 billion in the same period last year; operating profit amounted to $28.076 billion, about 61% higher than $17.422 billion in the same period last year.

智通财经•2026/10/29 22:26