Headquartered in London, the HSBC Group is one of the largest banking and
financial services organizations in the world. Its international network
comprises around 3,800 offices in 66 countries and territories in Europe, Asia,
North and Latin America, and the Middle East and North Africa.
A founding member of the HSBC Group, The Hongkong and Shanghai Banking
Corporation Limited was established in Hong Kong and Shanghai in 1865, and has
had a continuous presence in China for over 150 years.
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. HSBC has the largest presence among foreign banks in
mainland China. Its current mainland network comprises 175 outlets in 57
cities.
HSBC is one of the largest investors amongst foreign banks in mainland China.
It has invested in the growth of its own operations and in selected mainland
financial services entities, including 19.03% stake in Bank of
Communications.
