Cross-border deal drives HSBC's Hong Kong business

- Xiao Wang
- 13 Oct 2014

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Driven by the continuous development of renminbi derivatives business, as well as a number of other business lines including corporate finance and prime brokerage, HSBC is able to maintain its market-leading position in Hong Kong as a comprehensive financial products and services provider in 2014.

RMB cross-border structured transactions are one of major revenue sources for HSBC Hong Kong. The number of foreign exchange trades conducted through the bank's Hong Kong desk with institutional

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