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home / news releases / PIAIF - HSBC: A Spin-Off Of Its Asia Business Is A Bad Idea

PIAIF - HSBC: A Spin-Off Of Its Asia Business Is A Bad Idea

Ping An Insurance Co of China Ltd.
  • HSBC is under pressure from its biggest shareholder to spin off its Asia business.
  • Asia accounts for 65% of the group’s reported profit before tax, but less than half of its risk-weighted assets.
  • A break up of the group could cause it to lose significant synergies, cost it billions in separation costs, and in turn put shareholder value at risk.

For further details see:

HSBC: A Spin-Off Of Its Asia Business Is A Bad Idea
Stock Information
Company Name: Ping An Insurance Co of China Ltd.
Stock Symbol: PIAIF
Market: OTC
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