HSBC Holdings Plc is in talks to sell its $9 billion stake in Ping An Insurance (Group) Co., China’s second-largest insurer, as the U.K. bank sheds assets to revive profit growth. Photographer: Jerome Favre/Bloomberg
HSBC Holdings Plc is in talks to sell its $9 billion stake in Ping An Insurance (Group) Co., China’s second-largest insurer, as the U.K. bank sheds assets to revive profit growth. Photographer: Jerome Favre/Bloomberg