A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters
A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

Between Biden and Hong Kong, are HSBC’s days as a global bank Gone for Good?

  • When the US president strategically delivered a warning to businesses operating in the city, it was not just for American consumption
  • With most of its revenues from Hong Kong and China, headquartered in London and regulated by the US, remaining British may be impossible for HSBC

A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters
A Chinese flag flies in front of HSBC’s headquarters in Hong Kong. Photo: Reuters
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