HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse
HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse

Hong Kong regulator says no grounds to pursue action against HSBC for scrapping dividend

  • Although it does not usually comment on individual cases, commission issued a statement due to ‘significant public interest’
  • Hong Kong retail investors own about a third of the bank’s total shares, and lost US$1.28 billion from the dividend cancellation

Topic |   HSBC: Latest news and updates
HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse
HSBC shareholders attend a protest in Hong Kong’s Central district in the this file photo from April 16, 2020. Photo: May Tse
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