BLOOMBERG  An HSBC Holdings Plc shareholder in Hong Kong is lobbying institutional shareholders to vote in favour of a proposal to restructure the lender’s business at its annual general meeting on May 5. Ken Lui, leader of the “Spin Off HSBC Asia Concern Group,” has hired Alliance Advisors, a firm specialising in shareholder engagement to help in identifying and contacting …

BLOOMBERG  A group of lenders led by the Royal Bank of Canada (RBC) has commenced an up to $2.75 billion leveraged loan sale supporting Blackstone Inc’s deal for an Emerson Electric Co unit, according to people familiar with the matter. The new loan is part of a $5.5 billion debt package being brought to public markets that would replace both …

BLOOMBERG Confidence is in short supply among Chinese investors these days, confounding analysts who say reasons to own the market are finally coming true. The MSCI China Index’s valuations are shrinking and 12-month rolling returns are negative, a sign investors are pricing in an earnings contraction. Recession-proof trades are gaining traction, with a defensive strategy of buying dividend payers suddenly …