Shengjing Bank hits 4-week high on take-private offer

Shengjing Bank Co

27/08/2025 04:19

** Shengjing Bank 2066.HK jumps 15.8% to HK$1.32; set for biggest one-day pct gain since December 9, 2024

** Stock hits highest since July 30

** Shenyang's local government offers HK$1.32/share to take Shengjing Bank private in deal that values lender at HK$11.61 bln ($1.49 bln)

** Offer represents 15.8% premium to August 14 close; stock went on trading halt from August 15

** YTD, shares of Shengjing Bank up 4.2%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))