Important Factors
- HSBC will keep its annual standard assembly on Friday at 11 a.m. London time/6 p.m. Hong Kong time.
- Using center stage for investors will be two resolutions tabled by trader Ken Lui, which connect with for a spinoff of HSBC’s Asia business enterprise and set dividends.
- HSBC’s top shareholder Ping An has supported the resolution, though HSBC alone and investor advisory corporations Glass Lewis and ISS encouraged shareholders to vote down the resolution.
