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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.
November 19, 2012
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HSBC in Talks to Sell $9 Billion Stake in Ping An Insurance
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