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HSBC’s CEO Has His Eye on China Wealth Beyond Xi’s Crackdown

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Noel Quinn at the HSBC headquarters in Canary Wharf, London, U.K. on Sept. 01.
Noel Quinn at the HSBC headquarters in Canary Wharf, London, U.K. on Sept. 01.Photographer: Hollie Adams/Bloomberg
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HSBC Holdings Plc Chief Executive Officer Noel Quinn is betting on China’s middle classes. It’s an opportunity too big to miss, he believes, even as President Xi Jinping cracks down on the country’s wealthiest. 

“Don’t just think about wealth in China as the super rich, it’s also wealth for everybody,” Quinn said in a Bloomberg “Front Row” interview on Sept. 1.