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HSBC is one of the three commercial banks which are authorised to issue banknotes for Hong Kong - the other two being the Bank of China (Hong Kong) and Standard Chartered Bank (Hong Kong). [5] Of the total notes in circulation measured by value, HSBC is the most prolific issuer, its notes representing 67.7% of those in issue.
HSBC Centre Tower 1, HSBC Centre. HSBC Centre (Chinese: 滙豐中心; Jyutping: wui6 fung1 zung1 sam1) is an office building of HSBC in Tai Kok Tsui, Kowloon, Hong Kong.It consists of a 14-storey and two twin connected 15-storey office towers resting on a 1-level podium with a public transport interchange and a 2-level basement carpark were built.
The front of the HSBC Building, Hong Kong in the 1930s showing a statue of Queen Victoria. The HSBC Building is more than a functional headquarters; it is a symbol of Hong Kong’s role as a financial powerhouse. The building’s design was intended to convey openness and innovation, aligning with the city’s rapid modernization in the 1980s.
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
The Clearing House Automated Transfer System, or CHATS, is a real-time gross settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited (HKICL), a limited-liability private company jointly owned by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks ...
In mainland China, HSBC has the largest services network among foreign banks. The bank offers a full range of services that cater to both middle-class individuals (Premier Banking Service) and to business-oriented individuals as well, from a robust network of 37 main branches, and 23 smaller branches, also known as sub-branches (支行) in Chinese.
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HSBC InvestDirect is the retail electronic trading platform by HSBC Securities, for DIY Investors. HSBC InvestDirect is intended for those who understand the loss of capital investment risks involved in trading in the capital markets , since no portfolio management advice is provided as part of the service.