HSBC-Ping An Clash Heats Up

The video discusses the ongoing dispute between Ping An and HSBC over the proposal to spin off HSBC's Asia business. Ping An has called for a headquarters move to Hong Kong and criticized HSBC for lack of dialogue. HSBC has countered, stating extensive meetings have occurred. The upcoming AGM will see shareholders vote on proposals for more transparency and dividend restoration. The outcome will reveal the level of support for Ping An's efforts.

What has been the nature of the relationship between HSBC and Ping An as described in the text?

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What are the expectations regarding shareholder support for Ping An's proposals?

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