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Numerous pro-democracy activists and government critics from Hong Kong have had their accounts frozen by banking giant HSBC.
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the ...
People inside the state enterprises and HSBC say Beijing has grown disenchanted with the bank over sensitive domestic and international legal and political issues, from China’s crackdown in Hong ...
Regulators are keen to ‘deepen the reform and opening-up of Shenzhen’ through H to A listings, according to the bank’s ...
HSBC declined to comment on criticism the bank has received from UK politicians. The bank has also long been floated as a potential target for retaliation by Beijing in its battle with the West ...
HSBC’s business in China has long been a boon for the bank. But it’s fast becoming a liability as relationships between Beijing and the West continue to fracture. And if China follows through ...
China's cross-border yuan payment system has signed up more financial entities from Africa, Central Asia and the Middle East, ...
HSBC has publicly supported China’s National Security Law, draconian legislation imposed by Beijing that has been used to violently suppress Hong Kong’s protest movement in support of ...
In 2020, HSBC’s top executive in Asia publicly declared support for a controversial national security law that Beijing introduced in Hong Kong, inviting a fierce backlash from Western government ...
And where Beijing sees something it doesn’t like, it lashes out or opens concentration camps. Compromise, put simply, is not a word in Xi’s little red rule book. HSBC had better wake up to ...
Desperate to retain access to Chinese financial markets, HSBC is kneeling at Beijing’s feet. Sadly for the British banking giant, it’s learning that the communist leash comes with few treats.
BEIJING, July 5 (Reuters) - Beijing's communist party secretary Yin Li said on Tuesday he hoped HSBC HSBA.L will further expand its investment and business in the capital city, state-backed ...
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