The Hongkong and Shanghai Banking Corporation was founded in Hong Kong on March 3, 1865, and in Shanghai one month later. In 1980, HSBC acquired 51 per cent of Marine Midland Bank, buying the rest in 1987. HSBC Holdings was established in Britain in 1991 as the parent of The Hongkong and Shanghai Banking Corporation ahead of its purchase of the UK-based Midland Bank and the impending 1997 transfer of sovereignty of Hong Kong from Britain to China. 

The HSBC plaza has been closed off since the Occupy Central protesters were removed on Tuesday. Photo: David Wong

Helpers fear they may lose HSBC haven

Domestic helpers fear they might lose one of their favourite Sunday relaxation spots now the plaza under the HSBC headquarters in Central has been closed off.