HSBC Holdings’ shares advanced on 28 September after Ping An Insurance of China raised its stake in the lender.
The insurer raised its stake in HSBC to 8.00% from 7.95% through its investment management unit, a stock-exchange filing showed.
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HSBC shares jump as Ping An raises stake
HSBC Holdings’ shares advanced on 28 September after Ping An Insurance of China raised its stake in the lender.
The insurer raised its stake in HSBC to 8.00% from 7.95% through its investment management unit, a stock-exchange filing showed.