HSBC’s takeover of Hang Seng Bank has been 60 years in the making. Chief executive Georges Elhedery wasn’t even born when the bank first took a stake in its Hong Kong-based rival. On Thursday he announced plans to buy full control of Hang Seng for $13.6bn. Investors were spooked by the news; they should instead take a similarly long-term view.
匯豐(HSBC)收購恒生銀行(Hang Seng Bank)的籌劃已長達60年。匯豐首次入股這家總部位于香港的競爭對手時，其首席執行官艾橋智(Georges Elhedery)還尚未出生。周四，艾橋智宣布計劃以136億美元收購恒生的全部控股權。消息一出令投資者受驚，但他們應當采取同樣的長遠視角。
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