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HSBC Holdings Plc's biggest Asian investor, China's Ping An Insurance Group Co, voted against the reappointment of departing chief executive Noel Quinn as a director at the bank's shareholder meeting,

New Strong Sell Stocks for November 28th

08:16am, Tuesday, 28'th Nov 2023
AMR, PNGAY and RM have been added to the Zacks Rank #5 (Strong Sell) List on November 28, 2023.
Shares of Country Garden ended sharply higher on Wednesday after a report that the Chinese government wanted Ping An Insurance to take control of the company.
Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden , the nation's biggest private property developer, four people familiar with the plan tol
The net interest margin party is not over for every big bank in the FTSE 100 lot. HSBC Holdings PLC (LSE:HSBA)'s third quarter was a strong one in most respects, with revenues increasing 40% yearly to
The Chinese economy is definitely experiencing some major growing pains, as the nation's real estate sector is undergoing a significant downturn. Meanwhile, its exports and manufacturing sector are de
Ping An Insurance Group Co of China Ltd (OTCPK:PNGAY) Q2 2023 Earnings Conference Call August 29, 2023 11:45 PM ET Company Participants Ruisheng Sheng - Board Secretary Gareth Hewett - Head of Interna

Ping An's Tsui: Fed Will Only Hike One More Time

01:43am, Wednesday, 05'th Jul 2023
“Federal Reserve will only hike one more time as opposed to the dot-plot.” Gordon Tsui, managing director and head of fixed income at Ping An of China Asset Management, discusses Federal Reserve p

HSBC-Ping An Showdown Looms

01:08am, Friday, 05'th May 2023
Ping An's fight for an overhaul at HSBC comes to a head later today. HSBC shareholders are gathering for the annual general meeting to potentially decide whether to spin off the bank's more profitable
A call for HSBC Holdings PLC (LSE:HSBA) to spin off its Asian business will not be supported by Norway's sovereign wealth fund, which is the fourth-largest investor in the FTSE 100-listed bank. No
Ping An Insurance (Group) Co of China Ltd saw a 48.9% rise in first-quarter net profit as its investment income improved, China's largest insurer by market value reported on Wednesday.
HSBC's biggest shareholder Ping An on Friday said the bank had "merely repeated" past rebuttals of the Chinese insurer's proposals that the lender spin off its Asia business, continuing a tit-for tat
HSBC (LON: HSBA) share price drifted upwards this week as its global peers published their financial results and as the company's fight with Ping An continued. The stock jumped to a high of 590.2p on
HSBC has rejected its largest shareholder Ping An's latest proposal to restructure the bank and separate its Asia business into a Hong Kong-listed entity, saying it would result in a material loss of
HSBC's biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer's thinking said on Monday.
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