HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

HSBC will return to paying quarterly dividends from 2023 It aims to win over investors with a goal of higher returns. Says spin-off of Asian business has big risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) has rejected a proposal by China’s top shareholder Ping An Insurance Group Co (601318.SS) to …

HSBC hangs up on Ping An break-up call, lifts payout and profit goal Read More »