HSBC Executives Meet Local Investors in Hong Kong

The video discusses HSBC's challenges with shareholder demands to spin off its Asian business due to perceived underperformance. Shareholders are also unhappy with dividend policies during COVID. Concerns are raised about HSBC's quick acquisition of Silicon Valley Bank's UK unit, questioning the due diligence process. Activist shareholders, including Ping A, push for changes, but HSBC urges voting against these resolutions, highlighting their strategic plans and improved performance.

Why are some shareholders urging HSBC to spin off its Asian business?

• To focus more on European markets

• Due to underperformance of other operations

• To increase investment in technology

• To reduce regulatory scrutiny

What was a major concern for shareholders regarding HSBC's dividend policy during the COVID-19 pandemic?

• The dividends were too high

• Dividends were postponed to preserve capital

• Dividends were paid only to European shareholders

• Dividends were increased unexpectedly

What was a key concern about HSBC's acquisition of Silicon Valley Bank's UK unit?

• The acquisition was not approved by regulators

• The acquisition would lead to job losses

• The acquisition cost was too high

• The deal was completed without sufficient due diligence

Which activist shareholder is pushing for HSBC to split up the bank?

• Vanguard

• BlackRock

• State Street

• Ping A

What percentage of shareholder approval is needed for resolutions to pass at HSBC's AGM?

• 75%

• 60%

• 90%

• 50%