HSBC-Ping An Showdown Looms

The video discusses the special resolutions proposed by investor Ken Loy, backed by Ping An, to potentially break up HSBC by spinning off its Asian operations. The debate centers around unlocking shareholder value versus the costs and risks involved. Resolutions 17 and 18 focus on structural reforms and dividend schedules. The episode may trigger retail activism in Hong Kong, as many companies have not returned to pre-pandemic payout levels. Major institutional investors, including Norway's sovereign wealth fund and others, support HSBC, while advisory firms recommend voting against the proposals.

What impact could the outcome of the special resolutions have on retail activism in Hong Kong?

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Which major institutional investors have pledged their support to HSBC?

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