--HSBC Holdings PLC is looking to list its Indonesian business in Jakarta via an initial public offering and plans for the share sale are at an advanced stage, Bloomberg reported, citing unnamed sources.

--HSBC hasn't filed a formal IPO application yet, but the local regulator is aware of its intention, according to the report.

 

Full story: https://bloom.bg/3sXgMUX

 

Write to Clarence Leong at clarence.leong@wsj.com

 

(END) Dow Jones Newswires

May 26, 2022 02:10 ET (06:10 GMT)

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