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The potential trade-offs of HSBC’s Hong Kong focus
The Financial Times argues that doubling down on Hong Kong offers HSBC a way to capitalise on wealth flowing out of China, but increases the risk of confrontation with Beijing.
TLDR
The Financial Times examines the risks of HSBC’s return to its roots. It argues that a deeper focus on Hong Kong could help the bank capitalise on wealth flowing out of China while increasing the risk of confrontation with Beijing.
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