HSBC on the defensive in China. Photo: Nora Tam
HSBC comes out fighting against ‘groundless’ rumours targeting its China business
- HSBC said it would continue to invest in its China business despite resumption of planned lay-offs globally
- Bank defends itself versus talk in mainland press it may be forced to exit China
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HSBC: Latest news and updates
HSBC on the defensive in China. Photo: Nora Tam