Future Of British Business

HSBC May Unlock $26.5 Billion in Asia Spin-Off, Report Says

  • Separation is complex, but achievable: In Toto Consulting
  • Ping An has led campaign to overhaul HSBC operations in Asia

An HSBC Holdings Plc bank branch in Hong Kong. 

Photographer: Bertha Wang/Bloomberg
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A break up of HSBC Holdings Plc’s Asian unit could unlock $26.5 billion, or about a fifth of its current market value, according to research that could support a push from its largest shareholder to overhaul the bank.