wing hang

HK watchdog rebukes Goldman Sachs

The SFC blasted the US investment bank for breaching its takeover code while advising Wing Hang Bank on its $5 billion acquisition by OCBC in 2013/14.
February 02, 2016

OCBC agrees to buy Wing Hang for $5 billion

Singapore’s OCBC made a HK$125 cash offer per share for Wing Hang Bank, one of the few family-run holdouts in Hong Kong, where most of its peers have already been gobbled up by mainland Chinese and foreign lenders.
April 01, 2014

Chong Hing yardstick for HK bank M&A

Yue Xiu Group’s potential purchase price for Chong Hing Bank reflects the economic slowdown in mainland China and competition in Hong Kong.
October 24, 2013

Hong Kong banks attract suitors

Wing Hang Bank is the second of four family controlled lenders to attract a takeover approach. M&A bankers and analysts calculate the likelihood of talk turning into deals.
September 17, 2013