On 6 November 2025, a public disclosure was made regarding the privatisation of Hang Seng Bank Limited by way of a scheme of arrangement. The Executive announced details of securities dealings in the company’s shares under Rule 22 of the Hong Kong Code on Takeovers and Mergers.
According to the filing, Morgan Stanley & Co., International plc conducted transactions in Hang Seng Bank Limited’s ordinary shares on 5 November 2025. In total, 226,800 shares were purchased for HKD 34,413,331.80, with the highest price at HKD 151.90 and the lowest at HKD 151.50. Additionally, 1,700 shares were sold for HKD 257,995.80, with the highest price at HKD 151.80 and the lowest at HKD 151.5620.
Morgan Stanley & Co., International plc is identified as a Class (5) associate connected with the offeree company, and the dealings were made for its own account. It is ultimately owned by Morgan Stanley.