Ping An reduces stake in HSBC following protest vote against CEO Noel Quinn
Friday, 10 May 2024, 13:40
Ping An of China Sells HSBC Shares
In a recent turn of events, Chinese insurer Ping An decided to sell approximately 5.6 million HSBC shares, leading to a slight reduction in their ownership stakes. This move has raised eyebrows due to a speculated protest vote against HSBC's CEO Noel Quinn.
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