Hang Seng Bank (0011) Privatisation Disclosure: Morgan Stanley Europe S.E. Derivative Dealings

Bulletin Express12-02

On 2 December 2025, an announcement under the Hong Kong Code on Takeovers and Mergers disclosed multiple derivative transactions by Morgan Stanley Europe S.E. in relation to Hang Seng Bank Limited. The form indicates that these activities occurred on 1 December 2025 as unsolicited client facilitation trades, involving purchases and sales of identical quantities of derivatives referencing Hang Seng Bank’s shares at a common price of US$152.10. Each series of purchases and sales settled at matching amounts, resulting in no open balance for each transaction.

Morgan Stanley Europe S.E. is listed as a Class (5) associate connected with Hang Seng Bank Limited, and all dealings were made for its own account. According to the filing, this entity is ultimately owned by Morgan Stanley. These transactions are part of the broader privatisation by way of a scheme of arrangement concerning Hang Seng Bank Limited, as disclosed to The Executive under Rule 22 of the Code.

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