Reposted by Ortenca
How HSBC is increasingly focusing on Hong Kong and managing Chinese wealth - great read on an always fascinating bank by @arjunneilalim.ft.com @ortenca.bsky.social as.ft.com/r/847c93b4-9...
as.ft.com
The risks of HSBC’s return to its roots
Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing