It is unusual for a bank to enter into a political debate, especially a bank as controversial as China`s new security laws, which many believe could mark the end of Hong Kong`s unique freedoms. Wong, who is also president of the Hong Kong General Chamber of Commerce, said in an interview published on June 3 with China`s official Xinhua news agency that the national security law would bring social stability to Hong Kong. “With the support of the growing continental market, Hong Kong`s economy will finally emerge from the clouds and return to the path of development.” Hong Kongers fear this will affect freedom of expression and their right to protest. In China, this would be considered a subversion. People are also concerned about proposals for China to set up its own security institutions in Hong Kong. The cookies we use are absolutely secure. In fact, many of them are used exclusively to provide important security features such as protecting your data and accounts. We adhere to strict security standards and procedures to prevent unauthorized access to information about you. HSBC will never contact you by email or ask you in any other way to validate personal information such as your user ID, password or account numbers. If you receive such a request, call us at 800 4525 (within the United Arab Emirates) -9714 227 4310 (outside the United Arab Emirates).
Standard Chartered also has a strong presence in Asia.