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limyaumee

Posts: 139

Governor

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.

3 years 12 weeks ago in Money & Banking - China

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icnif77

Posts: 19800

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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3 years 12 weeks ago

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