HSBC defends strategy amid reports Ping An called for break-up

Ping An Insurance, one of HSBC’s biggest shareholders, recommended the London-based bank spin off Asia business and list in Hong Kong, according to reports.

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Hong Kong government withdraws Kwun Tong land sale after getting only 1 bid

The rejection of the sole bid for the 25,595-square-metre site follows the withdrawal of a …

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