, Hong Kong
Photo courtesy of HSBC.

HSBC to meet Hong Kong retail investors after spurning break up call

This comes a day after HSBC promised higher dividends.

Bosses of HSBC will meet retail investors on Tuesday in Hong Kong, its biggest market, just a day after it rejected a proposal by stakeholder Ping An to break-of its Asian business.

The informal meeting comes a day after HSBC rejected the break-up call, reported forecast-beating profit and promised higher dividends in 2023, sending its Hong Kong-listed shares to a one-month high.

ALSO READ: HSBC profit after tax rose to $9.2b in H1

Ping An–which owns 8.23% of HSBC as of early February– has publicly said it supports all reform proposals that could help increase the long-term value of HSBC Holdings PLC .

Local investors are also reportedly calling for a change in strategy.

Here’s more from Reuters:

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!