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HSBC says splitting business would hurt shareholders
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HSBC said 19 April that restructuring HSBC Asia Pacific would be a material value loss for shareholders, and advised shareholders to vote against the resolution at the annual meeting in London on 5 May.
The London-listed lender said that it has had over 20 meetings with major HSBC shareholder Ping An over 2022 and this year.
HSBC said that...
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