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Hang Seng Bank began to extend its business to China in 1985, with the opening of a representative office in Shenzhen. Ten years later, Hang Seng Bank opened its first Chinese branch in Guangzhou. In 2002, Hang Seng Bank launched personal e-banking in
- 3 March 1933; 90 years ago
- Hang Seng Bank Headquarters Building, Central, Hong Kong
- over 9,680
- Finance and insurance
On 1 April 2007, the mainland China offices of The Hongkong and Shanghai Banking Corporation transferred to its subsidiary HSBC Bank (China), and it started operations on 2 April. In July 2022, HSBC became the first foreign lender to open a Chinese Communist Party (CCP) committee in its Chinese investment banking subsidiary. [15]
- The Hongkong and Shanghai Bank
- Financial services
- 香港上海滙豐銀行有限公司
- Public limited company, (Origin: Body Corporate formed by Special Ordinance)
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hsbc .com. HSBC Holdings plc ( Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint.
- 219,199 (2022)
- Financial services
- 8 Canada Square, London, England, UK
- US$51.727 billion (2022)
The plan was part of HSBC's broader China expansion strategy, but "there is nothing further to disclose at the present." HSBC's operations in China include its own banking operations, its stake in BoCom, and an 8% stake in the Bank of Shanghai.
- 1908, 1986; 37 years ago (re-establishment)
- CN¥144.08 billion, $20.53 billion (2019)
- 87,828 (2019)
In 2010, HSBC China's headquarters moved out of the HSBC Tower and moved into HSBC Building in Shanghai IFC. In July 2022, HSBC became the first foreign lender to open a Chinese Communist Party committee in its Chinese investment banking subsidiary. [1]
- 2007; 16 years ago
- Finance and Insurance
- Private
PayMe (officially known as PayMe from HSBC) is a mobile payment service from HSBC, currently available only for Hong Kong users with local phone numbers and banks. Users can pay businesses, transfer money to one another using a mobile app, linked to
BEA would later enter the North American market in 1991 (though operations would later be sold to Industrial and Commercial Bank of China in January 2010), and mainland China in 1992. The late 1930s to 1940s were tough on the bank, as the Second Sino-Japanese War and later Japanese occupation of Hong Kong resulted in heavy losses, with many of BEA's assets seized.
