Pedestrians wearing protective masks walk past a logo displayed at an HSBC Holdings Plc bank branch in the Central district of Hong Kong, China, on Monday, April 27, 2020. - Bloomberg
HONG KONG: HSBC Holdings Plc said on Friday it would make new investments in its wealth management and insurance operations in mainland China.
The announcement comes at a time when the UK-headquartered bank is under fire from some shareholders and British lawmakers for its support for the new National Security Law in Hong Kong, its largest market, which critics say undermines freedoms in the city.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
