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HSBC's (HBC) agreement to sell the rest of its stake Ping An Insurance to Thailand's Charoen...
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Wednesday, January 30, 11:58 AM ETHSBC's (HBC) agreement to sell the rest of its stake Ping An Insurance to Thailand's Charoen Pokphand for $7.4B expires tomorrow if a Chinese regulator does not sign off, or if the parties don't agree to an extension. With HSBC planning to book a $2.6B profit on the deal, the "odds are high" the agreement will be extended.
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