HSBC on the defensive in China. Photo: Nora Tam HSBC on the defensive in China. Photo: Nora Tam
HSBC on the defensive in China. Photo: Nora Tam

HSBC

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

Topic |   HSBC
HSBC on the defensive in China. Photo: Nora Tam HSBC on the defensive in China. Photo: Nora Tam
HSBC on the defensive in China. Photo: Nora Tam
READ FULL ARTICLE