2009-10-23

About HSBC China

HSBC Bank (China) Company Limited started operations on 2 April 2007 as a wholly-foreign-owned bank solely owned by The Hongkong and Shanghai Banking Corporation Limited. With its headquarters based in Shanghai, HSBC China incorporated the previous mainland China offices of The Hongkong and Shanghai Banking Corporation Limited.




Established in Hong Kong and Shanghai in 1865, The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group – one of the world's largest banking and financial services organisations with around 9,500 offices in 85 countries and territories – and its flagship in the Asia-Pacific region. The Hongkong and Shanghai Banking Corporation Limited is the largest bank incorporated in the Hong Kong Special Administrative Region and one of the SAR's three note-issuing banks.



The Hongkong and Shanghai Banking Corporation Limited has had a continuous presence in mainland China for 143 years. It is one of the largest investors amongst foreign banks in mainland China, having invested over US$5 billion in select mainland financial services entities and in the growth of its own operations, including a 19% stake in Bank of Communications, a 16.8% stake in Ping An Insurance, and an 8% stake in Bank of Shanghai. It has a branch in Shanghai, which conducts foreign currency wholesale banking business.



Our current network in mainland China comprises 90 outlets including 20 branches in Beijing, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Guangzhou, Hangzhou, Qingdao, Ningbo, Shanghai, Shenyang, Shenzhen, Suzhou, Tianjin, Wuhan, Xiamen, Jinan, Xi'an and Zhengzhou, and 70 sub-branches in Beijing, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Qingdao, Shenzhen, Shanghai, Suzhou, Tianjin, Wuhan, Xiamen, Xi'an and Shenyang.



With one of the largest networks of any foreign bank in mainland China, we are uniquely placed to offer you or your business with a full range of specialised banking and financial services in mainland China. With some 9,500 offices in 85 countries and territories, HSBC brings a true global reach to its extensive local strength and knowledge in mainland China.



For detailed information on HSBC China, please read our Fact Sheet.

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