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  2. 4 days ago · Ping An has cut its stake in HSBC days after it voted against the re-election of the bank’s outgoing chief executive Noel Quinn. The Chinese insurer sold 5.65mn HSBC shares earlier this week for ...

  3. 1 day ago · In recent years, the relationship between HSBC and Ping An has been contentious. At the bank’s general meeting in 2023, Ping An attempted to spin-off HSBC’s Asian business without success. The majority of HSBC’s shareholders voted against the proposal.

  4. 4 days ago · The transaction, which is valued at HK$391.5 million ($50.1 million), brought the insurer’s stake in HSBC from 8.01% to 7.98%. Even after the sale, Ping An remains one of HSBC’s largest ...

  5. 5 days ago · 258 views. Eugene Huang, new CIO of DBS (Photo courtesy of DBS). DBS names Ping An Tech’s Eugene Huang as bank CIO. Huang led a team of 22,000 employees in Ping An to provide IT offerings. DBS has appointed Eugene Huang as its chief information officer (CIO) effective 10 May. Huang, a veteran with over 36 years of technology and banking ...

  6. 5 days ago · See the latest Ping An Bank Co Ltd Class A stock price (70001:XSEC), related news, valuation, dividends and more to help you make your investing decisions.

  7. 5 days ago · As one of the early banks in China to propose and practice supply chain finance, Ping An Bank has committed to maximizing the value of supply chain finance through the development of new financial technologies.

  8. 1 day ago · Even after the sale, Ping An remains one of HSBC’s largest shareholders with a stake valued at £10.5 billion ($13.2 billion), according to data compiled by Bloomberg. “HSBC is our long term financial investment,” Ping An said in a statement. “The bank has maintained unique competitive advantage in Asia.

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