Positive outlook: Pedestrians walk past an HSBC bank branch in Hong Kong. HSBC chairman Mark Tucker met with Chinese regulatory officials in Beijing last week to help pave the way for the bank to accelerate growth in China. — Reuters
HONG KONG: HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe’s biggest bank presses on with expansion in the country despite geopolitical tensions.
HSBC chairman Mark Tucker met with Chinese regulatory officials in Beijing last week to help pave the way for the bank to accelerate growth in China, including in the country’s fast-growing US$3.9 trillion (RM18 trillion) fund market.
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