Details of HSBC's shareholding in Bank of Communications

It's a trade secret ... it's not that easy to disclose. Probably, Bank of Communications went public, and HSBC absorbed some shares and became one of the shareholders of Bank of Communications. Taking advantage of Bank of Communications as several major commercial banks, it promoted HSBC's popularity in China, developed potential customers, and prepared for seizing the market after the financial industry was fully opened in the future.