HSBC sells Canadian business, pays special dividend of US$0.21 in June

HSBC Holdings (005) stated that it completed the sale of HSBC Canada and its subsidiaries to Royal Bank of Canada (RBC) last Thursday (March 28). HSBC expects to confirm a sale gain of 49 in the first quarter of this year. 100 million.

HSBC completes sale of Canadian business

This transaction will help HSBC focus on its main markets and strengthen its business in Asia. HSBC is one of Canada's largest foreign banks. The sale will bring considerable gains to HSBC and help improve its financial performance.

Plans to pay special dividend of US$0.21 per share in June

In addition to selling its Canadian operations, HSBC also announced plans to pay a special dividend of $0.21 per share in June. This will bring additional returns to shareholders and demonstrates HSBC's commitment to rewarding shareholders.

Continuously optimize business structure

HSBC has been committed to optimizing its business structure to improve efficiency and profitability. The sale of the Canadian business is part of its strategic transformation and will help accelerate HSBC's development in the global market.

• Strengthen business in Asia
• Improve financial performance
• Return to shareholders
• Optimize business structure
• Accelerate the pace of global market development