HSBC
Hongkong and Shanghai Banking Corporation Limited is a foreign-funded bank. The Chinese literal translation is "The Hongkong and Shanghai Banking Corporation Limited", the English abbreviation is HSBC, and the Chinese abbreviation is "HSBC", which means "Fenghui". The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings Limited, which is a founding member of HSBC Group and its flagship in the Asia-Pacific region. It is also the largest registered bank in China Mainland and Hong Kong, and one of the three largest note-issuing banks in China Mainland and Hong Kong (the other two are Bank of China (Hong Kong) and Standard Chartered Bank). Headquartered in the Hongkong and Shanghai Banking Corporation Building,No. Kloc-0, Queen's Road Central, Hongkong and Shanghai Banking Corporation and its subsidiaries have set up about 700 branches and offices in the Asia-Pacific region. 202110 On June 8th, Hong Kong Monetary Authority (HKMA) announced that HSBC could provide cross-border wealth management services.
With the development of the Internet, HSBC also provides online banking services, including subscription funds, foreign currency time deposits (unless Hong Kong residents can't invest in RMB time deposits, other foreign currencies can be used), trading in Hong Kong stocks, bonds, derivatives, gold, and subscription of stock funds by regular fixed deduction.
Banking responsibilities: HSBC, Standard Chartered Bank and Bank of China Hong Kong Branch are also authorized by the Hong Kong Monetary Authority to issue banknotes. In addition to issuing bank notes, HSBC is also the main current account of the Hong Kong government.
Charitable Fund: The HSBC Foundation is a charitable fund registered in Hong Kong. It was established by the Hongkong and Shanghai Banking Corporation 198 1, and the bank provided continuous funds.
Helping enterprises: HKCSS- HSBC Social Enterprise Business Center is a business center set up in Hong Kong to provide diversified services for social enterprises, including recruiting professionals (including HSBC employees) to provide professional advice and consulting services for social enterprises. The center is funded by the Hong Kong Banking Foundation.