HSBC Holdings PLC

HSBA: XLON (GBR)

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HSBC: Raising Fair Value Estimate 4% as Hang Seng Acquisition Benefits Offset Premium Paid

Michael Makdad

Oct 16, 2025

HSBC has announced plans to acquire the 37% of Hang Seng Bank it does not already own for HKD 155 per share—a 33% premium to the 30-day average price and a 38% premium to our fair value estimate for Hang Seng prior to the acquisition announcement.

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HSBC Holdings PLC

HSBC: Raising Fair Value Estimate 4% as Hang Seng Acquisition Benefits Offset Premium Paid

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