HSBC shares rise in Hong Kong as top holder supports split

May 03, 2022 7:24 PM

SINGAPORE (BLOOMBERG) – HSBC Holdings shares in Hong Kong rose after it emerged late Friday (April 29) that the bank’s largest active investor would support a breakup of the lender on the basis that a separate Asia-listed unit would create shareholder value.

Source : https://www.straitstimes.com/business/companies-markets/hsbc-shares-rise-in-hong-kong-as-top-holder-supports-split