The Hongkong and Shanghai Banking Corporation Limited (literally translated as "The Hongkong and Shanghai Banking Corporation Limited" in Chinese, abbreviated as HSBC in English, meaning "abundant remittance" in Chinese).

The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings Limited. It is a founding member of HSBC Group and the flagship of the Asia-Pacific region. It is also the largest registered bank in Hong Kong and one of the three largest note-issuing banks in Hong Kong (the other two are Bank of China (Hong Kong) and Standard Chartered Bank).

Headquartered in the headquarters building of Hongkong and Shanghai Banking Corporation,No. 1, Queen's Road Central, the Hongkong and Shanghai Banking Corporation and its subsidiaries have set up about 700 branches and offices in the Asia-Pacific region.

Extended data:

HSBC is a market leader in Hong Kong. In the deposit market, the market share of HSBC in Hong Kong is 24%, while the market share of credit card balance is 29%, and the market share of mortgage loan and life insurance is about 17% and 20% respectively.

With the development of the Internet, HSBC also provides online banking services, including subscription funds, foreign currency time deposits (unless Hong Kong residents can't invest in RMB time deposits, other foreign currencies can be used), trading in Hong Kong stocks, bonds, derivatives, gold, and subscription of stock funds by regular fixed deduction.

Hong Kong people buy stocks, and it is popular to buy HSBC as savings. I believe that its management can continuously enhance the company's value. Its dividend has remained stable for a long time, and it has also established the image of "sharing benefits with the people".

Baidu Encyclopedia-HSBC