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HSBC shares slide 6% from peaks on Hang Seng buyout move
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HSBC shares slide 6% from peaks on Hang Seng buyout move
Oct 9, 2025 12:33 AM

(Reuters) -HSBC ( HSBC ) shares fell 6% in London from near record levels after the British bank announced plans to buy out minorities in its majority-held Hang Seng Bank ( HSNGF ) subsidiary in a deal worth around $13.6 billion.

"While strategic rationale is compelling, and this seems a sensible overall use of capital, we expect investors will query why now and at this price," Citi analyst Andrew Coombs wrote.

Hang Seng Bank ( HSNGF ) has come under fire for its performance and exposure to property markets in Hong Kong and mainland China.

HSBC ( HSBC ) was the biggest faller on the FTSE 100 in early morning and set for its largest one-day drop since early April. The stock is still up over 25% so far in 2025.

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