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HSBC

The Hongkong and Shanghai Banking Corporation is one of Hong Kong's biggest banks. It was founded in Hong Kong on March 3, 1865, and in Shanghai one month later. Its headquarters are located in London, England.

Speculation HSBC may dispose of more mainland investments has been stoked by the sale of its stake in insurer Ping An. Photo: K.Y. Cheng

HSBC eyes sell-off of other Chinese assets

Following HSBC's high-profile sale of its entire holding in Ping An, China's No 2 life insurer, Europe's biggest bank is expected to dump more non-core assets it holds on the mainland this year to raise capital.