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HSBC under fire in UK for backing China’s HK law | The Malaysian Insight

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HSBC under fire in UK for backing China’s HK law

HSBC is being criticised after its top Asia executive a petition in support of China’s controversial Hong Kong security law. – AFP pic, June 11, 2020.

ASIA-FOCUSED banking giant HSBC’s vocal support for China’s controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender last week backed Beijing’s contentious legal proposal for Hong Kong, which critics fear will be used to stamp out dissent in the city.

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