Ping An Supports Any Proposal to Improve HSBC Returns
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Ping An Insurance Group Co. reiterated it is open to supporting any advice or proposal that can improve HSBC Holdings Plc’s performance.
The company’s Chief Investment Officer Benjamin Deng said that as a long-term partner, Ping An “hopes” the bank can do better in the future, during an earnings call on Wednesday. He added that HSBC’s future is up to the bank itself, but Ping An will back any efforts for enhancement.