Jan 26, 2021

MPs accuse HSBC of aiding China's Hong Kong crackdown

MPs have accused banking giant HSBC of "Aiding and abetting" China's crackdown in Hong Kong. HSBC has historic links to Hong Kong, where pro-democracy campaigners have taken to the streets. During sometimes testy exchanges with MP's, Mr Quinn said he accepted that the current environment in Hong Kong was "Challenging". Pressed on the political affiliations of its staff in Hong Kong, he insisted that he would not "Go around asking all my employees in China 'are you a Communist party member'". Matters had reached a point, he said, which were detrimental to the economy and to the population of Hong Kong.

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