HSBC revamp plan shows Ma’s thirst for change

Now Ma’s set sights on splitting up Europe’s largest bank, HSBC Holdings Plc, where Ping An has a major stake. Concern about the lender’s ability to handle geopolitical risk – it’s based in London but ... ( read original story ...)

ThaiBev shares fall on IPO delay news

SINGAPORE: Shares of Thai Beverage Plc slumped on Friday after the company deferred the initial public offering (IPO) of its brewery unit in Singapore once again, citing “prolonged challenging market ... ( read original story ...)

Ping An doubles down on campaign to break up HSBC

Chinese insurer Ping An, which owns 8.4 per cent of the stock, claims that a spin-off of its Asian business would create between $25 billion and $35 billion (€24.2 billion-€33.8 billion) of additional ... ( read original story ...)