Top HSBC shareholder Ping An will retain investment in bank, source says, amid sale talk


HONG KONG: Ping An Asset Management, HSBC Holdings PLC's largest shareholder, will continue to hold its investment in the Asia-focussed lender, a source close to the Chinese fund manager said on Friday, after reports it was considering selling more shares.

"We continue to be positive about HSBC and will continue to hold the investment," said the source, who declined to be identified because of the matter's sensitivity.

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