Ping An to urge HSBC to raise dividend, make regular structural reviews, FT says

HSBC’s largest shareholder Ping An will call on the bank to raise dividends to pre-pandemic levels and commit to consistent reviews of its structure at its annual meeting next month, the Financial Times’ Emma Dunkley reports, citing people familiar with the situation. Ping An expects to support resolutions proposed by a group of retail investors on dividends and structural reform, including a spin off of Asian operations to increase returns. Reference Link