HSBC Holdings Plc said on Friday it would make new investments in its wealth management and insurance operations in mainland China.
FILE PHOTO: A man walks past a logo of HSBC at its headquarters in Kuala Lumpur, Malaysia August 6, 2019. REUTERS/Lim Huey Teng/File Photo
The announcement comes at a time when the UK-headquartered bank is under fire from some shareholders and British lawmakers for its support for the new National Security Law in Hong Kong, its largest market, which critics say undermines freedoms in the city.
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