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HSBC INVESTS 8 BILLION US DOLLARS ON CHINESE MAINLAND


AsiaInfo Services

08-09-2002

HSBC Invests 8 Billion US Dollars on Chinese Mainland

SHANGHAI, Aug 09, 2002 (AsiaPort via COMTEX) -- The Hongkong and Shanghai Banking Corporation (HSBC) Group, one of the world's leading financial institutions, has so far invested 8 billion US dollars in Shanghai and other parts of China's mainland, group chairman Sir John Bond said Tuesday.

Sir Bond, who met with Shanghai Mayor Chen Liangyu here Tuesday, also pledged full support for the city's bid to host the 2010 World Expo and the Formula One Grand Prix.

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