HSBC shareholders in Hong Kong mull legal action after bank scraps dividend

HSBC shareholders in Hong Kong mull legal action after bank scraps dividend

People walk past a major branch of HSBC at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip

HSBC shareholders in Hong Kong are mulling calling for an extraordinary meeting with management and taking possible legal action against the bank’s scrapping of dividend payments.