HSBC is making its boldest move in years, offering to fully acquire Hang Seng Bank for HK$106 billion.The bank calls it a strategic reinvestment; markets call it a risky bet.
Join Dan Koh and Ryan Huang as they look at the numbers behind the HK$155-per-share offer, why markets reacted cautiously, and what this says about HSBC’s long-term confidence in Hong Kong’s banking future.