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Breakingviews: HSBC's China Strategy

Monday, 19 Nov, 2012 - 04:46

Nov. 19 - HSBC's global overhaul reaches China with talks on the sale of its Ping An stake, but more explaining is needed say Reuters Breakingviews.

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A breaking news this morning why HSBC needs to protest some hard numbers on its China or ambitions and why can't Charles roll in the marriage of -- -- An extra -- is only half done. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- I'm -- its own loss and you colonists in Hong Kong says suspension actually got a father now due to a little bit more. Why -- raising questions about walks. HSBC. Is -- -- with -- -- big. Financial stakes in in China -- It was pretty -- full it's. In it would it with a ruffle any feathers. A conspiracy from the fell down. PM -- -- now within the board of strategy at all for. Pulling back from and Sorenson trusted. The sensible thing to do and academic. Well I've got to look at these Italian decent return. My votes was threatened to send time realized that the sun. This. The states to propose some of his weapon for the non billions both are entirely. In a nice little the HSBC but but then. It makes the it's they can bank of communications. With a little bit -- mean what this is an all of it also worth about ten million dollars. Seemingly has. Strategic value. I mean there is a -- confide disconnect. It was a war why don't get out of matches and -- I mean it's it's I think it's Asian species. -- to give shareholders a bit more these talent territorial war that's really bringing because. As HSBC's. Themselves as far as weapons and this is actually -- conceiving calculations you have to. I mean there -- -- it's it's -- there's issued an administrator relations with China. Don't say anything actually and if yeah you wanted it most problems slowing down my argument and it's you. -- -- follow all of -- time doctrine in the end and honestly and it's still. It's looks with them saying a minority stake for some time with that small. Committed any -- the controls. You know if they just BC capital really fast please part about that -- definitive than that says this -- Okay I'm doing what straws I'm mad at this story Tom is a pal. Qatar abstaining from the votes on retention bonuses. This will likely mean it'll go ahead without. He stopped being blocked him from gas and and you'll economists are saying that's a bit inconsistent a bit. Week but the FedEx Cup it's been a look at our commissioner McCown tossed suddenly crashed into this. This merits -- a few months ago. Very old very public questioning the times there mongering by the Financial Times you can -- even the thing and on about. All what is fool. It was the right price for extra off time and you can't get much more. -- -- -- -- -- -- And and then you have this this brother thoughts of weak offensive column on the key sign papers that he says about whether. Thanks for the school should be. Locked in with -- terms for the million bola. Retention time now our understanding is that. Come and vote for it. Because that things with a little bit excessive it agrees with -- realize there and in -- -- -- but yeah it is only April fresh. -- -- and and it's not gonna Medicare is there yet because agrees that it was what does he say that for a moment of -- that was a little bit controversial hit the fine. Put in the head about the characters on the -- over there and a bit over the wade into. As a whole UK debates what governments that they told. I don't pay. And it's some. Rick if you pray it's gonna amendment can go to -- and I hit it and it has ended bad the if they really don't think it's right. Then multiply that it throws it down. But it how. Why I said in the sudden sort of -- your engagement that. You know they they -- into being on -- home home on the prize and just on -- -- -- let me bought them as some kind of communication between Xstrata. I -- leaves a -- the why haven't all been so effective behind the scenes it's been in the. Street okay there's many things that Chris here's if you're what's our US show comes on everyday atrocities in 171008 GMT. -- -- -- -- -- -- --

Breakingviews: HSBC's China Strategy

Monday, 19 Nov, 2012 - 04:46

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