HSBC’s Top Asia Banker Backs China’s Hong Kong Security Law
- Peter Wong signs petition in support of proposed legislation
- These are global lender’s first public comments on the issue
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HSBC Holdings Plc’s top executive in Asia has come out in support of a controversial national security law drafted by China’s central government for Hong Kong.
Peter Wong signed a petition in support of China’s proposed security legislation, according to comments posted on the bank’s official WeChat account. The lender supports rules that stabilize Hong Kong’s social order and revitalize the economy under the “one country, two systems” principle, the post read.