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HSBC's (HBC -0.8%) sale of its 15.6% stake in China's Ping An Insurance to Thailand's Charoen...
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Tuesday, January 8, 5:38 AM ETHSBC's (HBC -0.8%) sale of its 15.6% stake in China's Ping An Insurance to Thailand's Charoen Pokphand for $9.4B is reportedly in doubt after China Development Bank changed its mind about providing a large part of the funding for the deal. HSBC had expected to book a profit of $3B on the transaction.
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