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The risks of HSBC’s return to its roots

Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing

The risks of HSBC’s return to its roots

Doubling down on Hong Kong offers a way to capitalise on wealth flowing out of China, but increases the risks of confrontation with Beijing

Geopolitics Financial Times Sep 30, 2026

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