HSBC Holdings (HK:5), The Hongkong and Shanghai Banking Corporation Limited (also referred to as HSBC Asia Pacific), and Hang Seng Bank (HK:11, RMB:80011) jointly announced that all conditions for the proposed privatisation scheme of Hang Seng Bank have been fulfilled. According to the announcement, the High Court sanctioned the scheme on 23 January 2026, and it became effective on 26 January 2026.

In accordance with relevant procedures, the listing of Hang Seng Bank shares was approved for withdrawal from the Hong Kong Stock Exchange, taking effect at 4:00 p.m. on 27 January 2026. The scheme consideration is set to be paid by cheque or electronic bank transfer no later than seven business days from the effective date, with the settlement expected on or before 4 February 2026. The announcement specifies that the mailing or transfer of payments will follow the register of members of Hang Seng Bank as at the scheme record date, and neither the companies nor their agents accept responsibility for any loss or delay in delivery.

The joint announcement confirms that the scheme’s approval marks the completion of the privatisation process, with details on the payment arrangements and final dates outlined above.