Hang Seng Bank (0011.HK) Privatisation Scheme: Goldman Sachs Discloses Derivative Dealings

Bulletin Express12-02

On 2 December 2025, Hang Seng Bank (0011.HK) released a public disclosure detailing derivatives transactions related to its privatisation by way of a scheme of arrangement. The disclosure revealed multiple dealings on 1 December 2025 by Goldman Sachs (Asia) L.L.C. on behalf of The Goldman Sachs Group, Inc. and affiliates, classified as an exempt principal trader connected with the offeror.

The transactions involved entering into new derivative contracts, closing out an existing position, and exercising rights under previously established derivatives. The reference prices ranged from approximately US$112 to over US$152 per share, with the resulting share balances shifting from 100,000 to zero in certain contracts and from 19,902 to 36,520 upon exercising rights. These dealings were undertaken for Goldman Sachs’s own account and highlight continued activity under the privatisation arrangement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1110418159?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-02 16:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1110418159","market":"us","top_or_hot":-1,"title":"Hang Seng Bank (0011.HK) Privatisation Scheme: Goldman Sachs Discloses Derivative Dealings","media":"Bulletin Express","content":"<p>On 2 December 2025, Hang Seng Bank (0011.HK) released a public disclosure detailing derivatives transactions related to its privatisation by way of a scheme of arrangement. The disclosure revealed multiple dealings on 1 December 2025 by Goldman Sachs (Asia) L.L.C. on behalf of The Goldman Sachs Group, Inc. and affiliates, classified as an exempt principal trader connected with the offeror.</p>\n<p>The transactions involved entering into new derivative contracts, closing out an existing position, and exercising rights under previously established derivatives. The reference prices ranged from approximately US$112 to over US$152 per share, with the resulting share balances shifting from 100,000 to zero in certain contracts and from 19,902 to 36,520 upon exercising rights. These dealings were undertaken for Goldman Sachs’s own account and highlight continued activity under the privatisation arrangement.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hang Seng Bank (0011.HK) Privatisation Scheme: Goldman Sachs Discloses Derivative Dealings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHang Seng Bank (0011.HK) Privatisation Scheme: Goldman Sachs Discloses Derivative Dealings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-12-02 16:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 2 December 2025, Hang Seng Bank (0011.HK) released a public disclosure detailing derivatives transactions related to its privatisation by way of a scheme of arrangement. The disclosure revealed multiple dealings on 1 December 2025 by Goldman Sachs (Asia) L.L.C. on behalf of The Goldman Sachs Group, Inc. and affiliates, classified as an exempt principal trader connected with the offeror.</p>\n<p>The transactions involved entering into new derivative contracts, closing out an existing position, and exercising rights under previously established derivatives. The reference prices ranged from approximately US$112 to over US$152 per share, with the resulting share balances shifting from 100,000 to zero in certain contracts and from 19,902 to 36,520 upon exercising rights. These dealings were undertaken for Goldman Sachs’s own account and highlight continued activity under the privatisation arrangement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00011","symbol_name":"恒生银行","start_time":0,"source_url":"","article_id":"1110418159","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110418159","pubTimestamp":1764665329,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 2 December 2025, Hang Seng Bank (0011.HK) released a public disclosure detailing derivatives transactions related to its privatisation by way of a scheme of arrangement. The disclosure revealed...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00011":"恒生银行"},"translate_title":"恒生银行(0011.HK)私有化计划：高盛披露衍生品交易","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00011":1},"content_text":"On 2 December 2025, Hang Seng Bank (0011.HK) released a public disclosure detailing derivatives transactions related to its privatisation by way of a scheme of arrangement. The disclosure revealed multiple dealings on 1 December 2025 by Goldman Sachs (Asia) L.L.C. on behalf of The Goldman Sachs Group, Inc. and affiliates, classified as an exempt principal trader connected with the offeror.\nThe transactions involved entering into new derivative contracts, closing out an existing position, and exercising rights under previously established derivatives. The reference prices ranged from approximately US$112 to over US$152 per share, with the resulting share balances shifting from 100,000 to zero in certain contracts and from 19,902 to 36,520 upon exercising rights. These dealings were undertaken for Goldman Sachs’s own account and highlight continued activity under the privatisation arrangement.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1110418159","isCrawlerRequest":true}