HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake

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.

May 17, 2024 - 18:00
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HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
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.