HSBC to Sell $9.4B Ping An Stake
HSBC Holdings Plc agreed to sell its stake in China’s Ping An Insurance (Group) Co. to Thai billionaire Dhanin Chearavanont for $9.4 billion as Europe’s biggest bank by market value moves to revive profit and boost capital.
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Equity Strategist Says China Benefits From Reflation
24:22 - BNP Paribas Asia-Pacific Equity Strategist Manishi Raychaudhuri discusses the markets, China and the reflation trade. He speaks on "Bloomberg Markets." (Source: Bloomberg)