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branches, also known as sub-branches (支行) in
Chinese. HSBC China does not provide basic account service for personal banking, meaning all clients are required to deposit 500,000 RMB to open an account with HSBC China, unless the client is a qualified premier customer elsewhere with other HSBC entities.
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Although subject to foreign exchange regulation, HSBC China still manages to provide a rich range of international services to its local clients in China, including the free global transfer service and competitive time deposit quotes for foreign currencies. In addition, HSBC is also a registered bank
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retail business of below RMB1 million for
Chinese domestic citizens after the inspection and confirmation by the relevant banking regulatory administration authorities. The Hongkong and Shanghai Banking Corporation was one of nine foreign banks to have applied for the incorporation. On 1 April 2007,
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In mainland China, HSBC has the largest services network among foreign banks. The bank offers a full range of services that cater to both middle-class individuals (Premier
Banking Service) and to business-oriented individuals as well, from a robust network of 37 main branches, and 23 smaller
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In April 1955, HSBC handed over this office to the
Communist government, and its activities were continued in rented premises. Its activities were mainly in inward remittances and export bills until the economic reforms of the late 1970s. Chinese authorities had offered to lease HSBC its old
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HSBC Bank (China), and it started operations on 2 April. The registered capital and paid-up capital of HSBC Bank (China) is equivalent to RMB8 billion. However, The
Hongkong and Shanghai Banking Corporation still has a branch in Shanghai, which conducts foreign currency
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branch office on 3 April 1865, previous to other upstarts of HSBC, and indeed, as part of the historic
English investment of Eastern Asian nations in the 19th century. Apart from the period 1941 to 1945, during which
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with
Qualified Domestic Institution Investor (QDII) license in China, meaning it can provide financial products consisting of overseas mutual funds and other derivatives to its local Chinese clients.
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announced on 24 December 2006 its approval for foreign banks to start their preparatory work for setting up local incorporations in mainland China. These foreign banks can launch the
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forced HSBC and other foreign-invested banks to leave the local market, it has had a continuous presence in the city. HSBC was historically housed in
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committee in its
Chinese investment banking subsidiary. The subsidiary, HSBC Qianhai Securities, is a 90% HSBC-owned joint venture.
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5 billion in select mainland financial services entities and in the growth of its own operations, including a 19.90% stake in
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area of
Shanghai. In 2010, HSBC China's headquarters moved out of the HSBC Tower and moved into HSBC Building in
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Hongkong and Shanghai Banking Corporation transferred to its
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headquarters on The Bund in 1995 but the offer was turned down. In 2000, HSBC China moved into
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This article is about the bank in mainland China. For the bank in Hong Kong, see
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HSBC China also has a range of credit card services and home loan solutions.
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The Hongkong and Shanghai Banking Corporation established its
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In July 2022, HSBC became the first foreign lender to open a
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261:one of the largest and most impressive buildings
267:, Shanghai's boulevard formerly known as the "
722:The Hongkong and Shanghai Banking Corporation
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305:International banking for Chinese customers
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1222:Chinese subsidiaries of foreign companies
467:Learn how and when to remove this message
363:Learn how and when to remove this message
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224:in 2007. It is part of the worldwide
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445:adding citations to reliable sources
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341:adding citations to reliable sources
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665:HSBC branches and services in China
481:China Banking Regulatory Commission
301:services to its corporate clients.
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528:HSBC Beijing Dongzhimen sub-branch
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660:HSBC Bank (China) Company Limited
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204:HSBC Bank (China) Company Limited
35:HSBC Bank (China) Company Limited
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91:; 17 years ago
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1083:Williamsburgh Savings Bank
1023:Continental Bank of Canada
973:Canara HSBC Life Insurance
945:Hang Seng Bank (Hong Kong)
640:"赋能数字经济发展 汇丰中国推出企业数字人民币业务"
386:HSBC having invested over
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292:Chinese Communist Party
228:and is wholly owned by
214:; often abbreviated as
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967:Bank of Communications
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1001:Predecessor companies
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240:History of HSBC China
80:Finance and Insurance
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1092:Former subsidiaries
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163:Number of employees
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1058:Lloyds Bank Canada
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979:HSBC Saudi Arabia
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621:. 2022-07-21
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596:. 2022-07-21
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548:Banks portal
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285:Shanghai IFC
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29:HSBC Bank
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265:The Bund
252:Shanghai
152:Products
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108:Shanghai
76:Industry
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859:Germany
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217:汇丰中国
193:.com
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189:www
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