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Re: The article
posted on
Dec 18, 2007 06:24PM
Actually. HSBC was started by British bankers and based in Hong Kong. Before investment in China began exploding 20 years ago it had most of its interests in Britain and the rest of Europe.
It is very much an international bank with a geographically Chinese name.
When partially or fully state owned Chinese banks and investment houses begin buying shares then you'll really know that the Chinese are taking a serious interest.
