Hang Seng Bank (0011.HK): Morgan Stanley Capital Services LLC Discloses Derivatives Transactions

Bulletin Express
Nov 07

On 7 November 2025, Hang Seng Bank Limited (0011.HK) announced a public disclosure relating to its proposed privatisation by way of a scheme of arrangement. The latest filing under the Hong Kong Code on Takeovers and Mergers shows that Morgan Stanley Capital Services LLC, identified as a Class (5) associate connected with Hang Seng Bank Limited, reported a series of derivatives transactions on 6 November 2025.

According to the disclosure, Morgan Stanley Capital Services LLC executed multiple purchases and sales of derivative products linked to Hang Seng Bank’s shares. These transactions involved reference quantities ranging from 200 to 7,800 derivative-linked securities with various maturity dates, including 30 October 2026, 30 January 2026, and 29 May 2026. The reference prices generally stood around USD151 to USD152, and each purchase was matched by a corresponding sale at the same reference price and quantity, leading to a zero resultant balance. The total amounts for individual transactions ranged from approximately USD30,367 to USD1,184,682.

The disclosure also affirms that Morgan Stanley Capital Services LLC conducted these dealings for its own account. The filing notes that Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.

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