HK tycoon Li set to rebuff activist Elliott over family bank
 

HK tycoon Li set to rebuff activist Elliott over family bank
HONG KONG, April 7 (Reuters) - Hong Kong's clubby, tycoon culture clashes with Wall Street on Friday, when activist investor Elliott Management Corp, frustrated by poor returns at family-run Bank of East Asia (BEA), tries to persuade shareholders to defy the board.
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