Ping An, HSBC’s biggest shareholder, said it ‘supports all reforms and proposals from investors that can help HSBC’s operations and long-term growth’ in its first public comments after reportedly pushing to break up the bank. Photo: Nora Tam
Chinese insurance giant Ping An calls for debate on HSBC’s future as it pushes potential break-up
- Ping An, HSBC’s biggest shareholder, reportedly urged the bank’s board to spin off its Asia business
- Ping An ‘supports all reforms and proposals from investors that can help HSBC’s operations and long-term growth’
Ping An, HSBC’s biggest shareholder, said it ‘supports all reforms and proposals from investors that can help HSBC’s operations and long-term growth’ in its first public comments after reportedly pushing to break up the bank. Photo: Nora Tam
