Hong Kong Teahouse Huddle With HSBC Is Key to Huawei CFO Case

  • Main pillar of U.S. case is Meng’s meeting with HSBC banker
  • Defense asks court to throw out U.S. extradition request

Meng Wanzhou

Photographer: Jimmy Jeong/Bloomberg
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The legal fate of Huawei Technologies Co.’s chief financial officer may hinge on a fateful meeting at a Hong Kong teahouse with an HSBC Holding Plc banker in 2013.

Meng Wanzhou’s hefty legal team is gearing up to challenge a U.S. extradition request of the Chinese telecom executive, hoping to beat the odds by having a Canadian court throw out the case. If that fails, her prospects may depend on whether her huddle with an HSBC banker comprises enough evidence to justify turning her over.