HSBC’s Top Asia Executive Backs China’s Hong Kong Security Law

The video discusses the growing tensions in Hong Kong and HSBC's position amidst these challenges. HSBC, initially silent on the national security bill, has now shown support through its Asia CEO, Peter Wong. The bank faces a delicate situation as it balances its global presence, with significant profits tied to China, while being based in London. Protests have targeted HSBC, leading to a cautious approach. The situation highlights China's potential leverage over foreign businesses in Hong Kong.

What stance has HSBC taken regarding the national security bill in Hong Kong?

How has the CEO of HSBC, Peter Wong, expressed support for the proposed security law?

What challenges does HSBC face due to its global position and ties to China?

What actions did protesters take against HSBC last summer?

In what way does Joshua Wong view HSBC's situation in relation to the security law?