Beijing’s forced implementation of the Hong Kong security law threatens the region’s financial hub status. This is a potential game-changer for HSBC but it does not seem to come as a surprise for the group as confirmed by the acceleration of its investments in China or its efforts to secure a leading position on the RMB.
10 Jul 2020
HSBC's parents divorce
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HSBC's parents divorce
HSBC Holdings Plc (HSBA:LON) | 666 -7.3 (-0.2%) | Mkt Cap: 125,654m
- Published:
10 Jul 2020 -
Author:
David Grinsztajn -
Pages:
3
Beijing’s forced implementation of the Hong Kong security law threatens the region’s financial hub status. This is a potential game-changer for HSBC but it does not seem to come as a surprise for the group as confirmed by the acceleration of its investments in China or its efforts to secure a leading position on the RMB.