On April 30, HSBC Holdings announced that Group CEO Qi Yaonian met with the board of directors and intended to retire from the company after nearly five years in this position. Recently, according to news, Ping An of China, the largest shareholder of HSBC Asia, expressed opposition to the re-appointment of board members by CEO Qi Yaonian, who is about to retire, at the shareholders' meeting held earlier. In response to the reporter, a person related to Ping An of China said, “There is no news in this regard, and I will not comment on this.” On May 3, the voting results of the 2024 Annual General Meeting of Shareholders announced by HSBC Holdings showed that among the 11 re-elected directors, Qi Yaonian voted 16.07% against, exceeding the percentage of the remaining directors' negative votes. It is worth mentioning that during Qi Yao-nian's tenure, he did not agree with the decision proposed by some shareholders to split the Asian business. He once said that maintaining the status of an international bank is the correct and safe way to improve returns, increase valuations, and guarantee dividends, and HSBC management does not believe that the spin-off is in the best interests of shareholders.