HSBC • HSBC Bank (Vietnam) Ltd

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The collapse of the Asian unit HSBC Holdings PLC could open $ 26.5 billion

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one-fifth of its market value, according to research that could indicate

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pressure from its largest shareholder to repair the bank.

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Two other scenarios from which shareholders could benefit are the separation

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the Asian company HSBC as its retail operations

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Hong Kong into partial primary public offerings,

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Toto Consultancy Ltd said in an earlier report.

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