Ping An likely to vote for HSBC's break-up at annual meeting

Ping An likely to vote for HSBC's break-up at annual meeting

FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause

HSBC‘s biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer’s thinking said on Monday.