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Jefferies downgrades HSBC, 'not enamoured' with terms of HSB take-private

By Michele Maatouk

Date: Friday 10 Oct 2025

(Sharecast News) - Jefferies downgraded HSBC on Friday to 'hold' from 'buy' on news it is planning to take Hang Seng Bank private in a deal that values the lender at 290 billion Hong Kong dollars ($37bn).
HSBC, which owns around 63.3% of Hang Seng Bank, said on Thursday that it...

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