I am a Hong Konger.

HSBC is the largest bank in Hong Kong; and it is the largest listed company in the city by Capitalization!
The wealth of HSBC was accumulated through the sweat and labor of the people of Hong Kong over the past 100 years (and has since been squandered in the West; Sub-Prime USA cowboy style!)
I am extremely unhappy HSBC is sponsoring and supporting the BBC (funding through advertising in their website)
I hope the Chinese Government will be reminded of this before granting favors to this British bank (yes BRITISH, not Hong Kong’s as most Hong Kongers foolishly believe!)

Alternative safe HK banks to park your family’s cash are:
Public Bank (Malaysian Chinese owners), very good deposit rates, and they don’t rip you off!
Dah Sing Bank (Singapore?)
BOCHK (downside; queues a little too long!)
These banks will not be ‘runners’, so you can sleep soundly at night.

Avoid other ‘Rule Britannia’ banks
Hang Seng Bank, owned by HSBC. Profit returns to U.K. Treasury coffer.
Standard Charter – another colonial bank.

[ Last edited by Andy at 15-4-2008 08:25 ]

Thanks for sharing with us~ Support!

HSBC was a Hong Kong company before. However, just before 1997's handover of Hong Kong to China, the British bosses of the company moved the whole company's central administration to Britain an had the company's registration moved to Britain instead of Hong Kong. From then on, it became a truly British company, making most of its money from Hong Kong and China while paying taxes to the British government!

[ Last edited by Jigong at 12-4-2008 10:48 ]

HSBC, supporting and sponsoring an anti-China news media is equivalent to going against Chinese people in China or abroad.

Don't be fooled by the name. HSBC is British as the union jack or Tony Bliar.

HSBC, while makes thier money from HK, is filled with old white men at the top.  Don't be fooled by the name.

good to know that

They bought Midlands Bank, UK. Then went on to buy the US Household ?? This sh*t purchase has become a big drain..... on HK staffs!

it's so-call neocolonization,capitalists real face has neven been changed but their way of suppressing the colonized ppl is various. We must keep cautious and support out state -based companies and stuff.

Quote:

Original posted by Jigong at 12-4-2008 10:47
HSBC was a Hong Kong company before. However, just before 1997's handover of Hong Kong to China, the British bosses of the company moved the whole company's central administration to Britain an had th ...

it's poor to hear that the wealth of chinese ppl is turning over to the lazy british ppl.!!I wish our country can become stronger quickly...let's all work for that!