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HSBC’s Chairman Says China Opportunities ‘Too Big to Ignore’ Despite Politics

  • Tucker spoke at Hong Kong Academy of Finance event last week
  • Comments come amid rising China tensions with Western powers
Mark Tucker

Mark Tucker

Photographer: David Paul Morris/Bloomberg

HSBC Holdings Plc Chairman Mark Tucker, speaking in Hong Kong after passing through the city’s rigid three-week quarantine, said the opportunities in China are “too big to ignore” even as geopolitical tensions escalate.

“We’re moving to a new status quo in Sino-U.S. relations,” Tucker said in a video obtained by Bloomberg News of a discussion last week at a Hong Kong Academy of Finance event. “The interconnectivity is pretty powerful, and I don’t think it will get to a point where sides will need to be chosen.”