HSBC's senior management meets the huge Hong Kong investor group, promising to maintain dividends and resist the spin -out voices of local shareholders.
According to Bloomberg, HSBC Holding Chairman Du Jiaqi once again stated at a meeting held at the Hong Kong Kowloon Bay International Exhibition and Trade Center that he regretted the reduction of dividends during the peak of the epidemic, saying it was very unusual.The bank has begun to restore the quarterly dividend and plans to distribute a special dividend of $ 0.21 in the later sale of Canadian subsidiaries.
Du Jiaqi also told investors that HSBC has "considerable dividend ability", and at the same time emphasizes that the bank will get the best return in ten years this year.
According to reports, the Chief Executive President Qi Yaonian, as well as other executive executives such as Wang Dongsheng, Liao Yijian, Lin Huihong, etc. also attended the meeting.
These executives also reiterated that they oppose the requirements of the major shareholders of China and a Hong Kong local rights protection shareholders on spin -off Asian business.Ping An of China has been promoting this offensive and defensive war behind the scenes, calling on HSBC to increase cost reduction and recommendations for spin -off.
Du Jiaqi said that reorganization HSBC will bring uncertainty and destruction of value.
Hong Kong local shareholders account for about one -third of HSBC investors.Many local people have held their shares for several years.
