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PRESS: China Role In HK Is Factor In HSBC Head Office Debate - Reuters

Wed, 27th Jan 2016 07:47

LONDON (Alliance News) - The board of HSBC Holdings PLC will meet on Wednesday to consider moving the banking giant's headquarters to Hong Kong from London, Reuters reported Wednesday.

There are concerns about China's increasing influence over Hong Kong, with its independence possibly a factor in the decision, the report said, citing a senior source at the bank.

A decision on the domicile issue could come as early as this week, the report said.

http://uk.reuters.com/article/uk-hsbc-headquarters-idUKKCN0V41NE

By Samuel Agini; samagini@alliancenews.com; @samuelagini

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