Money: HSBC Calls for Peaceful Ways to Resolve Hong Kong Issues - PressFrom - United Kingdom
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MoneyHSBC Calls for Peaceful Ways to Resolve Hong Kong Issues

12:27  22 august  2019
12:27  22 august  2019 Source:   msn.com

Hong Kong airport cancels all remaining flights due to protests

Hong Kong airport cancels all remaining flights due to protests Hong Kong airport has cancelled all remaining flights on Monday because of pro-democracy protests at the terminal. "Other than departure flights that have completed the check-in process and the arrival flights already heading to Hong Kong, all other flights have been cancelled for the rest of today," said Hong Kong's Airport Authority. Traffic near the airport was very congested and car parking full, the authority said. People at the airport are demonstrating over a planned extradition law, claims of police brutality and a call for more democracy.

The Hongkong and Shanghai Banking Corporation Limited is registered in accordance with the Insurance Companies Ordinance (Cap. We will acknowledge receipt of your concerns by the next working day and aim to resolve most issues within 7 working days.

HSBC Expat Hong Kong Branch HSBC Main Building Level 5, 1 Queen's Road Central Hong Kong S.A.R. What happens when you first complain? We will always try to resolve your concerns there and then. If this is not possible, we will fully investigate all the issues you have raised by speaking

HSBC Calls for Peaceful Ways to Resolve Hong Kong Issues © Getty

HSBC Holdings Plc broke its silence on the protests roiling Hong Kong, calling for a peaceful resolution to differences in the city.

While local businesses and tycoons have spoken out about the unrest, HSBC, which derives more than half of its pretax profit from the city, is among the first global banks to publicly address the crisis.

“As a company rooted in Hong Kong, we are very concerned about the recent social events and strongly condemn any violence and actions that disrupt social orders,” the London-based bank said in an advertisement in the Chinese-language Hong Kong Economic Times. Hong Kong’s rule of law is indispensable for the city, HSBC said.

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Have a question about our banking services or want more information? Contact us and we'll be happy to help in any way we can. HSBC mobile apps currently support the new iPhone XS and XS Max. Please visit your app store and update to the latest version if you are experiencing any issues .

About Ways to bank . Access HSBC ’s expertise with our comprehensive suite of banking solutions including specialty banking centres, internet banking , phone and We will acknowledge receipt of your complaint within the next two working days and aim to resolve most issues within twenty days.

Standard Chartered Plc, another London-based lender, and Hong Kong’s Bank of East Asia Ltd. also posted newspaper ads on Thursday to address the issue.

Weighing in on the crisis is a fraught prospect for many companies. Few firms have directly commented on the protests, and Beijing’s response in some instances, notably its clampdown on Cathay Pacific Airways Ltd., suggests China expects compliance with the Communist Party’s worldview.

HSBC Calls for Peaceful Ways to Resolve Hong Kong Issues © Bloomberg Tens of Thousands March in Hong Kong Anti-Government Protest

Demonstrators gather in Central during a protest on July 21.

Photographer: Justin Chin/Bloomberg

“We are determined to protect the ‘one country, two systems’ and support the SAR government to efficiently maintain social order and safety,” Standard Chartered said in a full-page ad in pro-Beijing Chinese newspaper Wen Wei Po.

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HSBC Hong Kong offers a range of bank accounts with 24/7 online banking , mortgages, savings, investments, credits cards, loans and insurance.

The protests, which morphed from opposing an extradition bill into a mass repudiation of China’s hold over Hong Kong, have led to politicians and local leaders voicing concerns about the city’s growth prospects, already under pressure from global trade tensions. A major slowdown in the former British colony could have an outsized effect on HSBC’s earnings.

HSBC Calls for Peaceful Ways to Resolve Hong Kong Issues © Reuters

Founded in Hong Kong in 1865, the firm generates almost half its revenue in Asia and had in recent years has poured tens of billions of dollars of investment into mainland China.

“The bank has always respected our employees have their own personal views on political and social matters,” HSBC said in an email before the ad was published.

A cornerstone of HSBC’s recent strategy has been to leverage its foothold in Hong Kong to deepen its push into mainland China, where it is the biggest international lender with corporate and retail banking services.

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About Ways to bank . Access HSBC ’s expertise with our comprehensive suite of banking solutions including specialty banking centres, internet banking , phone and self-service Shared goals lead to shared success. HSBC named ‘ Hong Kong ’s Best Bank ’ by Asiamoney, FinanceAsia and Euromoney.

Hong Kong is the graveyard of technology. The hostility towards technology and preferential treatment conventional treatments makes technological innovation irrelevant here. Its not that HSBC failed to do any

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However, Chairman Mark Tucker was increasingly at odds with former Chief Executive Officer John Flint the ex-CEO’s focus on expanding in China, people familiar with the matter said earlier this month. Flint abruptly stepped down on Aug. 5.

“Hong Kong and HSBC’s development have been closely related in the past, so as the future,” the bank said in the ad.

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Hong Kong leader to withdraw controversial extradition bill.
Hong Kong's leader, Carrie Lam, is set to formally withdraw the extradition bill that has sparked months of protests in the region, a government source has confirmed. © Getty Chief Executive Carrie Lam will withdraw the extradition bill Protests in the former British colony began in June over the bill, which would have meant criminals could be extradited to the the Chinese mainland. Ms Lam will meet Hong Kong politicians at 4pm local time (9am BST) on Wednesday, according to a member of the region's legislative council.

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