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Market Chatter: HSBC Shareholder Weighing Options to Cut $13 Billion Stake
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Market Chatter: HSBC Shareholder Weighing Options to Cut $13 Billion Stake
May 16, 2024 8:19 AM

11:04 AM EDT, 05/16/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) shareholder Ping An Insurance is exploring ways to reduce its 8% stake in the company, Bloomberg reported Thursday, citing people familiar with the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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