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Posts: 111

Governor

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Q: HSBC withdraw from China?

Is it true HSBC Bank will soonest exit China and Hong Kong? Is it only a speculation? If it is reality, shall we close down our account ? Seeking advise from CPA and CFP.

4 weeks 6 days ago in  Money & Banking - China

 
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Posts: 17988

Emperor

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What about 'advice' from my bestest search engine at DDG?

 

https://www.thetimes.co.uk/article/pressure-grows-on-hsbc-to-withdraw-ch...

Pressure grows on HSBC to withdraw China support

 

https://allchinareview.com/the-future-of-hsbc-in-china/

 

The Future of HSBC in China

 

https://worldfinancialreview.com/the-future-of-hsbc-in-china/?__cf_chl_j...

 

The Future of HSBC in China

 

All posts about the subject are dated in August 2020, so that isn't really a news ...

 

Now, about your account at HSBC: I wouldn't worry too much. Even if you couldn't empty your account on the last HSBC's day in China, your funds would be still accessible worldwide.

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