On 6 November 2025, a public disclosure form was issued regarding Hang Seng Bank Limited’s privatisation by way of a scheme of arrangement. The announcement lists recent securities dealings in the offeree company’s shares by Hang Seng Investment Management Limited, a Class (1) associate connected with Hang Seng Bank Limited. All noted transactions were executed at a price of HKD151.90 per share on 5 November 2025.

Hang Seng Investment Management Limited conducted multiple purchases and sales on behalf of discretionary investment clients. After these transactions, the final reported balance was 11,162,621 shares, equivalent to approximately 0.5960% of the class. Hang Seng Investment Management Limited is ultimately owned by HSBC Holdings PLC.