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Posts published by “Reuters”

HSBC board recommends shareholders vote against spin-off resolution

HONG KONG, April 3 (Reuters) - HSBC Holdings Plc's (HSBA.L) board is unanimous in recommending that shareholders vote against proposals to restructure the bank and pay fixed dividends, its chairman, Mark Tucker, told Hong Kong shareholders on Monday.The comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group