HSBC's top shareholder Ping An exploring ways to cut $17.9 billion stake, sources say
Ping An had unsuccessfully pushed for HSBC to separate its Asia arm. Read more at straitstimes.com.
Source: straitstimes.com
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HSBC shares fall amid reports top shareholder Ping An may sell shares
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.
Source: cnbc.com
HSBC's biggest shareholder Ping An to hold investment in bank, source says
Ping An Asset Management, HSBC Holdings PLC's largest shareholder, will continue to hold its investment in the Asia-focussed lender, a source close to the Chinese firm said on Friday. We...
Source: marketscreener.com
BUSINESS LIVE: GSK sells Haleon stake; Sainsbury's agrees Microsoft AI deal; Land Securities losses narrow
Among the companies with reports and trading updates today are GSK, Haleon, Sainsbury's and Land Securities Group.
Source: dailymail.co.uk
Top HSBC shareholder Ping An likely to retain investment in bank amid sale talks
Ping An, which emerged as a major shareholder in HSBC in 2017, has had a tumultuous relationship with the lender in the recent past.
Source: dealstreetasia.com