'China business at HSBC can be replaced overnight by banks from China and other countries,' says ex-HK leader. FMTNews HSBC HongKong
The iconic lion statue in front of a HSBC Bank branch in Hong Kong was smeared with red paint last January.
“One week has passed, HSBC still hasn’t expressed their stance on the national security legislation,” Leung, Hong Kong’s chief executive from 2012-2017, wrote in a Facebook post. The United Kingdom, the United States, Australia and Canada have criticised China for imposing the law. “China and Hong Kong doesn’t owe HSBC anything, the China business at HSBC can be replaced overnight by banks from China and other countries,” he wrote.
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