HSBC

      HSBC is a foreign bank. Its full name is The Hongkong and Shanghai Banking Corporation Limited. Its Chinese translation is "Hong Kong and Shanghai Banking Corporation Limited", and its English abbreviation is HSBC. Its Chinese abbreviation is "HSBC", which means "abundant remittances".
     The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings plc. It is a founding member of the HSBC Group and its flagship in the Asia-Pacific region. It is also the largest registered bank in Hong Kong, China, and one of the three major note-issuing banks in Hong Kong, China (the other two are Bank of China (Hong Kong) and Standard Chartered Bank). Headquartered at the Hong Kong HSBC Building, 1 Queen's Road Central, Central, the Hongkong and Shanghai Banking Corporation Limited and its subsidiaries currently have more than 700 branches and offices mainly in the Asia-Pacific region.
       On October 18, 2021, the Hong Kong Monetary Authority (HKMA) announced that HSBC can carry out the "Cross-border Wealth Management Connect" business。