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Banks From HSBC to Citi Shrug Off China Risks, Embrace H.K.

  • Western lenders underline commitment to region in recent weeks
  • StanChart CEO says Hong Kong remains ‘the place to be’
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Growing geopolitical tensions and pulled initial public offerings have done little to damp the appetite of Western banks for Hong Kong and China.

Standard Chartered Plc Chief Executive Officer Bill Winters was the latest executive in recent weeks to signal a sweeping Chinese government crackdown and rising geopolitical tensions between China and the U.S. won’t derail his lender’s focus and investment in the region.