#Solidarity #US
Hongkongers in New York Protest Outside HSBC Headquarters, Condemning the Bank's Aid in Political Persecution
A group of Hongkongers in the United States protested in front of the #HSBC US headquarters on Dec 20, 2020 despite the cold weather.
The participating citizens criticised HSBC for freezing the accounts of pro-democracy dissidents in Hong Kong as requested by the Hong Kong government and Hong Kong Police Force. It was worried that with the assistance of financial institutions, the basic rights of Hongkongers will be further infringed.
The protest was organised by two groups #Lausan and #LionRockCafe. The New York Committee for Human Rights in Philippines also sent a representative to give a speech.Former Secretary General of the Hong Kong Federation of Students Alex Chow showed up for support.
The protest brought attentionto the accounts of former lawmaker Ted Hui and his family, the Good Neighbour North District Church, its head pastor Chan Hoi-hing and his wife.
Lausan spokesperson suggested that HSBC participated in the political persecution in Hong Kong, and this action not only helped the Hong Kong government to retaliate at pro-democracy activists in Hong Kong; freezing the church’s bank account also directly affected the church’s service to help those in need.
Source: Apple Daily #Dec20
https://hk.appledaily.com/international/20201220/ANLBAAOT3BHWPEO4W4B2NVRTEA/
Hongkongers in New York Protest Outside HSBC Headquarters, Condemning the Bank's Aid in Political Persecution
A group of Hongkongers in the United States protested in front of the #HSBC US headquarters on Dec 20, 2020 despite the cold weather.
The participating citizens criticised HSBC for freezing the accounts of pro-democracy dissidents in Hong Kong as requested by the Hong Kong government and Hong Kong Police Force. It was worried that with the assistance of financial institutions, the basic rights of Hongkongers will be further infringed.
The protest was organised by two groups #Lausan and #LionRockCafe. The New York Committee for Human Rights in Philippines also sent a representative to give a speech.Former Secretary General of the Hong Kong Federation of Students Alex Chow showed up for support.
The protest brought attentionto the accounts of former lawmaker Ted Hui and his family, the Good Neighbour North District Church, its head pastor Chan Hoi-hing and his wife.
Lausan spokesperson suggested that HSBC participated in the political persecution in Hong Kong, and this action not only helped the Hong Kong government to retaliate at pro-democracy activists in Hong Kong; freezing the church’s bank account also directly affected the church’s service to help those in need.
Source: Apple Daily #Dec20
https://hk.appledaily.com/international/20201220/ANLBAAOT3BHWPEO4W4B2NVRTEA/
#FailedBank #FailedState
HSBC in Hong Kong Reportedly 'Embezzles' the Asset Owned by Exiled Lawmaker and his Family
On Jan 2, 2021, The Hongkong and Shanghai Banking Corporation (#HSBC) has cancelled all the credit cards under the name of Ted Hui and his family, claiming it a "commercial decision". On the onr hand, the bank charged the outstanding balance on the credit cards from their account; on the other hand, the bank claimed that it "may not be possible" to return any remaining balance, which amounts to around a few tens of thousands of Hong Kong dollars, to the account holders.
According to Ted Hui, the bank asked him to "call them later and see what the bank can do about it." Hui comdemned this as the bank's unlawful embezzlement of private property which is supposed to be protected by Hong Kong’s Basic Law.
Ted Hui, a former lawmaker who is currently in exile, points out that the incident is a result of "HSBC’s own political consideration, with a view to aiding the regime to crack down on opposition voices. This deed has no legal basis at all."
It "reflects the business community’s attachment and obedience to the regime under the National Security Law, which can completely override law and policies, and the regulators can only be 'politically correct' and helpless."
Hui also stated that Hong Kong officials and their families under international sanction actually can keep their bank accounts as well as credit cards
Source: Ted Hui's Facebook #Jan2
https://www.facebook.com/178843345631203/posts/1704755799706609/
#TedHui #Asset #PoliceState
HSBC in Hong Kong Reportedly 'Embezzles' the Asset Owned by Exiled Lawmaker and his Family
On Jan 2, 2021, The Hongkong and Shanghai Banking Corporation (#HSBC) has cancelled all the credit cards under the name of Ted Hui and his family, claiming it a "commercial decision". On the onr hand, the bank charged the outstanding balance on the credit cards from their account; on the other hand, the bank claimed that it "may not be possible" to return any remaining balance, which amounts to around a few tens of thousands of Hong Kong dollars, to the account holders.
According to Ted Hui, the bank asked him to "call them later and see what the bank can do about it." Hui comdemned this as the bank's unlawful embezzlement of private property which is supposed to be protected by Hong Kong’s Basic Law.
Ted Hui, a former lawmaker who is currently in exile, points out that the incident is a result of "HSBC’s own political consideration, with a view to aiding the regime to crack down on opposition voices. This deed has no legal basis at all."
It "reflects the business community’s attachment and obedience to the regime under the National Security Law, which can completely override law and policies, and the regulators can only be 'politically correct' and helpless."
Hui also stated that Hong Kong officials and their families under international sanction actually can keep their bank accounts as well as credit cards
Source: Ted Hui's Facebook #Jan2
https://www.facebook.com/178843345631203/posts/1704755799706609/
#TedHui #Asset #PoliceState
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CCP Has Infiltrated All Walks of Life in UK, with HSBC and Standard Chartered Employing Over 600 Party Members
British media raises concerns about the China Communist Party (CCP) placing their members in foreign countries. Following the concern of the US intelligence on infiltration to US Democratic Party members by a Chinese spy, the British's Mail on Sunday claimed to have obtained nearly 2 million CCP members’ details, revealing that many of them are working in British academia and also in wide variation of industries, involving 79 thousand companies and their branches, such as HSBC, vaccine manufacturer Pfizer and AstraZeneca. Some of them even work in the British consulates, raising suspicions of espionage. The Inter-Parliamentary Alliance on China (IPAC) issued a short statement, describe the findings as disturbing. Some Australian parliament members have called on the government to find out whether CCP spies are infiltrating the Australian system.
A large amount of CCP member in HSBC, Standard Chartered, Pfizer and AstraZeneca
The Mail on Sunday reported that information on 1.95 million suspected CCP members, including their names, date of births, addresses and phone numbers, was circulated on Telegram. In September, a Chinese dissident forwarded this information to IPAC, which composed of cross-parties European and American parliamentarians. The Mail on Sunday recently analysed the data, finding that HSBC and Standard Chartered together employed more than 600 CCP members in the UK in 2016. It also reported that these two banks have long been criticised for their stance on dissidents issues in Hong Kong. Moreover, CCP members are also found to be employed in the defence industry including Boeing, Airbus, and Rolls-Royce. As for the pharmaceutical industry, Pfizer and AstraZeneca alone have already employed 123 CCP members.
The Mail on Sunday also discovered that many CCP members are working in foreign diplomatic organisations in China via a company called "The Shanghai Foreign Agency Service Corporation", which has a Chinese official background, and at least 249 CCP members were registered with the agency in 2016. The CCP also infiltrated into academics, that according to the British policy, overseas students not from the EU or the Five Eyes network are required to have an Academic Technology Approval Scheme (ATAS) certificate to enter. But it was found that some of the CCP members have been senior researchers in the UK top universities, participating in sensitive subject such as aerospace engineering.
#China #CCP #Infiltration #IPAC #MailOnSunday #Telegram #CCPmember #HSBC #StandardChartered #Pfizer #AstraZeneca #UK #Britain #ShanghaiForeignAgencyServiceCorporation #Spies
Source: Apple Daily #Dec13
https://hk.appledaily.com/international/20201213/TZECVNNCEVCIHGYN7RCR5V5CRY/
British media raises concerns about the China Communist Party (CCP) placing their members in foreign countries. Following the concern of the US intelligence on infiltration to US Democratic Party members by a Chinese spy, the British's Mail on Sunday claimed to have obtained nearly 2 million CCP members’ details, revealing that many of them are working in British academia and also in wide variation of industries, involving 79 thousand companies and their branches, such as HSBC, vaccine manufacturer Pfizer and AstraZeneca. Some of them even work in the British consulates, raising suspicions of espionage. The Inter-Parliamentary Alliance on China (IPAC) issued a short statement, describe the findings as disturbing. Some Australian parliament members have called on the government to find out whether CCP spies are infiltrating the Australian system.
A large amount of CCP member in HSBC, Standard Chartered, Pfizer and AstraZeneca
The Mail on Sunday reported that information on 1.95 million suspected CCP members, including their names, date of births, addresses and phone numbers, was circulated on Telegram. In September, a Chinese dissident forwarded this information to IPAC, which composed of cross-parties European and American parliamentarians. The Mail on Sunday recently analysed the data, finding that HSBC and Standard Chartered together employed more than 600 CCP members in the UK in 2016. It also reported that these two banks have long been criticised for their stance on dissidents issues in Hong Kong. Moreover, CCP members are also found to be employed in the defence industry including Boeing, Airbus, and Rolls-Royce. As for the pharmaceutical industry, Pfizer and AstraZeneca alone have already employed 123 CCP members.
The Mail on Sunday also discovered that many CCP members are working in foreign diplomatic organisations in China via a company called "The Shanghai Foreign Agency Service Corporation", which has a Chinese official background, and at least 249 CCP members were registered with the agency in 2016. The CCP also infiltrated into academics, that according to the British policy, overseas students not from the EU or the Five Eyes network are required to have an Academic Technology Approval Scheme (ATAS) certificate to enter. But it was found that some of the CCP members have been senior researchers in the UK top universities, participating in sensitive subject such as aerospace engineering.
#China #CCP #Infiltration #IPAC #MailOnSunday #Telegram #CCPmember #HSBC #StandardChartered #Pfizer #AstraZeneca #UK #Britain #ShanghaiForeignAgencyServiceCorporation #Spies
Source: Apple Daily #Dec13
https://hk.appledaily.com/international/20201213/TZECVNNCEVCIHGYN7RCR5V5CRY/
Political pressure weighs on HSBC over Hong Kong activists
Carrie Lam revealed in late 2020 that she received cash for her salary after being targeted by US sanction. That not only presented a problem for Ms Lam, but also a compliance nightmare for international banks in Hong Kong.
HSBC freezing of a bank account of Ted Hui, former pro-democracy lawmaker, over the new year has shown more fraught for the banks on the compliance problems.
Lawyers say banks are increasingly incentivised to avoid offering services to any Hong Konger who could get them into hot water.
One compliance officer at an international bank in Hong Kong said employees were worried and tried to avoid having their name attached to decisions on individual accounts considered political, even attempting to get closure decisions signed off offshore. “We are all on edge,” the officer said.
Source: FT #Jan05
https://www.ft.com/content/75313efa-e44b-4f73-9cd0-41a045f62749
#HSBC #TedHui #HKActivist #HongKong
Carrie Lam revealed in late 2020 that she received cash for her salary after being targeted by US sanction. That not only presented a problem for Ms Lam, but also a compliance nightmare for international banks in Hong Kong.
HSBC freezing of a bank account of Ted Hui, former pro-democracy lawmaker, over the new year has shown more fraught for the banks on the compliance problems.
Lawyers say banks are increasingly incentivised to avoid offering services to any Hong Konger who could get them into hot water.
One compliance officer at an international bank in Hong Kong said employees were worried and tried to avoid having their name attached to decisions on individual accounts considered political, even attempting to get closure decisions signed off offshore. “We are all on edge,” the officer said.
Source: FT #Jan05
https://www.ft.com/content/75313efa-e44b-4f73-9cd0-41a045f62749
#HSBC #TedHui #HKActivist #HongKong
#Oppression #NationalSecurityLaw
#HSBC chief defends freezing accounts of democrats as “legally obliged”
Source: Stand News; #Jan25
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#HSBC chief defends freezing accounts of democrats as “legally obliged”
Source: Stand News; #Jan25
Read more
⬇️⬇️⬇️
#Oppression #NationalSecurityLaw
#HSBC chief defends freezing accounts of democrats as “legally obliged”
Following thr Chinese Authorities’ imposition of National Security Law in Hong Kong, the HSBC, the city’s leading bank has been criticized for assisting the National Security Police and freezing the bank accounts of pro-democracy activists’, such as #TedHui and his family and the Good Neighbor North District Church.
In a meeting scheduled on January 26, 2021, the Bank’s CEO Noel Quinn told the Foreign Affairs Committee in the UK that the bank was "legally obliged to take action" on accounts after being notified by Hong Kong police.
In a Facebook post on January 24, 2021, former lawmaker Ted Hui Chi-fung, now in exile, said that he has provided the Committee with detailed information on the cases where his and his families accounts were frozen.
Ted Hui added that any bank, business or institution that assists in repressing the freedom of Hong Kong people would have to pay a heavy international price and that he would do everything possible to make them face the consequences.
In a letter to Hui in early January, Quinn explained that the bank was "forced" to freeze the accounts at the request of the police. Hui, however, rejected Quinn’s explanation, saying he “failed to provide the legal basis” for the account lockdown.
Source: Stand News; #Jan25
#UK #ForeignAffairsCommittee
#NoelQuinn #FailedBank
#HSBC chief defends freezing accounts of democrats as “legally obliged”
Following thr Chinese Authorities’ imposition of National Security Law in Hong Kong, the HSBC, the city’s leading bank has been criticized for assisting the National Security Police and freezing the bank accounts of pro-democracy activists’, such as #TedHui and his family and the Good Neighbor North District Church.
In a meeting scheduled on January 26, 2021, the Bank’s CEO Noel Quinn told the Foreign Affairs Committee in the UK that the bank was "legally obliged to take action" on accounts after being notified by Hong Kong police.
In a Facebook post on January 24, 2021, former lawmaker Ted Hui Chi-fung, now in exile, said that he has provided the Committee with detailed information on the cases where his and his families accounts were frozen.
Ted Hui added that any bank, business or institution that assists in repressing the freedom of Hong Kong people would have to pay a heavy international price and that he would do everything possible to make them face the consequences.
In a letter to Hui in early January, Quinn explained that the bank was "forced" to freeze the accounts at the request of the police. Hui, however, rejected Quinn’s explanation, saying he “failed to provide the legal basis” for the account lockdown.
Source: Stand News; #Jan25
#UK #ForeignAffairsCommittee
#NoelQuinn #FailedBank
立場新聞 Stand News
英國會傳召匯豐 CEO 質詢許智峯凍結戶口事件 | 立場報道 | 立場新聞
匯豐銀行凍結立法會前議員許智峯及家人，以至「好鄰舍北區教會」的戶口，英國國會轄下外交事務委員會將於英國時間周二...
MPs to question HSBC chief over freezing Hong Kong pro-democracy accounts
HSBC's chief executive will be hauled in front of MPs next week to explain why the bank has frozen the accounts of pro-democracy activists in Hong Kong.
The bank has avoided public comments on the deepening crisis since it backed Beijing's controversial security law for the former British colony last year. HSBC's profits are heavily dependent on China.
The crackdown criminalises anti-government movements in Hong Kong, resulting in the arrest of dozens of pro-democracy figures since it was imposed last summer.
#HSBC #TedHui #Frozen #Explain #MPs
Source: Telegraph #Jan22
https://www.telegraph.co.uk/business/2021/01/22/mps-question-hsbc-chief-freezing-hong-kong-pro-democracy-accounts/
HSBC's chief executive will be hauled in front of MPs next week to explain why the bank has frozen the accounts of pro-democracy activists in Hong Kong.
The bank has avoided public comments on the deepening crisis since it backed Beijing's controversial security law for the former British colony last year. HSBC's profits are heavily dependent on China.
The crackdown criminalises anti-government movements in Hong Kong, resulting in the arrest of dozens of pro-democracy figures since it was imposed last summer.
#HSBC #TedHui #Frozen #Explain #MPs
Source: Telegraph #Jan22
https://www.telegraph.co.uk/business/2021/01/22/mps-question-hsbc-chief-freezing-hong-kong-pro-democracy-accounts/
Meet the Hong Kong expat proving to be a thorn in HSBC’s side
On New Year’s Day last year Hong Kong politician Ted Hui was temporarily blinded by a riot officer who lifted his protective goggles to fire a stinging pepper spray into his eyes.
Days later the 38-year-old vowed to return to the frontlines of the pro-democracy movement, calling it his duty to hold the police accountable. He refused to hold back in the months that followed, dropping rotten plants and stink bombs during council sessions in protest against new laws which suppressed democracy in the city.
Source: Telegraph #Feb14
#TedHui #HSBC #Blinded #Democracy
https://www.telegraph.co.uk/business/2021/02/14/meet-hong-kong-expat-proving-thorn-hsbcs-side/
On New Year’s Day last year Hong Kong politician Ted Hui was temporarily blinded by a riot officer who lifted his protective goggles to fire a stinging pepper spray into his eyes.
Days later the 38-year-old vowed to return to the frontlines of the pro-democracy movement, calling it his duty to hold the police accountable. He refused to hold back in the months that followed, dropping rotten plants and stink bombs during council sessions in protest against new laws which suppressed democracy in the city.
Source: Telegraph #Feb14
#TedHui #HSBC #Blinded #Democracy
https://www.telegraph.co.uk/business/2021/02/14/meet-hong-kong-expat-proving-thorn-hsbcs-side/
B.C. judge takes aim at heart of case against Meng Wanzhou
A B.C. judge raised questions on Thursday about the allegation at the heart of the U.S. case against a Chinese business executive facing extradition from Canada.
The United States alleges Meng Wanzhou, chief financial officer of Huawei Technologies Co. Ltd., committed fraud by lying in a PowerPoint presentation in 2013 to her Hong Kong bankers about the company’s relationship with Skycom Tech Co. Ltd. The purpose, the U.S. says, was to evade its sanctions against Iran.
But Ms. Meng’s legal team says the U.S. Justice Department is attempting to mislead Canada. It obtained evidence that Ms. Meng told HSBC during the PowerPoint presentation that Skycom was “controllable,” and that Huawei could therefore ensure it would comply with U.S. sanctions.
Source: The Globe and Mail #Aug06
https://tgam.ca/3fJp1gv
#Canada #HSBC #Meng #US
A B.C. judge raised questions on Thursday about the allegation at the heart of the U.S. case against a Chinese business executive facing extradition from Canada.
The United States alleges Meng Wanzhou, chief financial officer of Huawei Technologies Co. Ltd., committed fraud by lying in a PowerPoint presentation in 2013 to her Hong Kong bankers about the company’s relationship with Skycom Tech Co. Ltd. The purpose, the U.S. says, was to evade its sanctions against Iran.
But Ms. Meng’s legal team says the U.S. Justice Department is attempting to mislead Canada. It obtained evidence that Ms. Meng told HSBC during the PowerPoint presentation that Skycom was “controllable,” and that Huawei could therefore ensure it would comply with U.S. sanctions.
Source: The Globe and Mail #Aug06
https://tgam.ca/3fJp1gv
#Canada #HSBC #Meng #US
Canadian Media: the US Talks to Huawei about Letting Meng Wanzhou Return to China Without Mentioning the Release of the 2 Canadians
In 2018, the US alleged Huawei’s Chief Financial Officer Meng Wanchou involving in bank fraud and violating sanctions against Iran, and asked Canada to arrest her. After Canada arresting her, China detained two Canadians, Michael Spavor and Michael Kovrig, accusing them of espionage. Foreign media stated this as “hostage politics”.
Arrested in 2018 but still have no decision on the extradition
The event originated from the US Department of Justice, alleging that Meng Wanchou was involved in HSBC bank fraud, which made HSBC at risk of violating US sanctions against Iran. The US asked Canada to extradite Meng to the US for trial. In December 2018, Canada arrested Meng Wanchou at the request of the United States, but whether she will be extradited to the US for trial will still be subject to a hearing.
Source: Stand News #Sep19
https://bit.ly/3aGEJX0
#Canada #UnitedStates #MengWanchou #Huawei #China #Iran #Sanction #HSBC #MichaelSpavor #MichaelKovrig #HostagePolitics
In 2018, the US alleged Huawei’s Chief Financial Officer Meng Wanchou involving in bank fraud and violating sanctions against Iran, and asked Canada to arrest her. After Canada arresting her, China detained two Canadians, Michael Spavor and Michael Kovrig, accusing them of espionage. Foreign media stated this as “hostage politics”.
Arrested in 2018 but still have no decision on the extradition
The event originated from the US Department of Justice, alleging that Meng Wanchou was involved in HSBC bank fraud, which made HSBC at risk of violating US sanctions against Iran. The US asked Canada to extradite Meng to the US for trial. In December 2018, Canada arrested Meng Wanchou at the request of the United States, but whether she will be extradited to the US for trial will still be subject to a hearing.
Source: Stand News #Sep19
https://bit.ly/3aGEJX0
#Canada #UnitedStates #MengWanchou #Huawei #China #Iran #Sanction #HSBC #MichaelSpavor #MichaelKovrig #HostagePolitics
立場新聞 Stand News
加媒﹕美司法部洽華為或容孟晚舟回中國 未提釋放兩加拿大人 | 立場報道 | 立場新聞
2018 年，美國指華為首席財務官孟晚舟涉欺詐銀行致違反制裁伊朗規定，要求加拿大將她拘捕。孟被捕後，中國拘捕加...
HSBC Senior Executive calls UK's Huawei Ban "Feeble" in Closed-Door Meeting
Source：Points Media, #Aug07
#HSBC #UK #HuaweiBan
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Source：Points Media, #Aug07
#HSBC #UK #HuaweiBan
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HSBC Senior Executive calls UK's Huawei Ban "Feeble" in Closed-Door Meeting
On August 7, a Bloomberg report revealed that a senior Public Affairs executive at HSBC Holding plc had criticized the British government for yielding to pressure from the US government and banning Huawei from the UK's 5G mobile communication network construction. The executive accused the British Government of being weak.
Subsequent reports from the BBC and The Guardian indicated that the executive apologized through an HSBC spokesperson, clarifying that the comments were made in a private event and do not reflect the stance of HSBC or the China-Britain Business Council.
In an earlier Bloomberg report, which cited anonymous sources, Sir Sherard Cowper-Coles, HSBC's Head of Public Affairs, criticized the British government during a closed-door meeting. He stated that the government often capitulates to US government pressure and complies with US appeals, such as the decision to ban Huawei from the UK's 5G network construction in 2020. This was described as a weak approach.
Source：Points Media, #Aug07
https://points-media.com/159c
#HSBC #UK #HuaweiBan
On August 7, a Bloomberg report revealed that a senior Public Affairs executive at HSBC Holding plc had criticized the British government for yielding to pressure from the US government and banning Huawei from the UK's 5G mobile communication network construction. The executive accused the British Government of being weak.
Subsequent reports from the BBC and The Guardian indicated that the executive apologized through an HSBC spokesperson, clarifying that the comments were made in a private event and do not reflect the stance of HSBC or the China-Britain Business Council.
In an earlier Bloomberg report, which cited anonymous sources, Sir Sherard Cowper-Coles, HSBC's Head of Public Affairs, criticized the British government during a closed-door meeting. He stated that the government often capitulates to US government pressure and complies with US appeals, such as the decision to ban Huawei from the UK's 5G network construction in 2020. This was described as a weak approach.
Source：Points Media, #Aug07
https://points-media.com/159c
#HSBC #UK #HuaweiBan
棱角媒體
於閉門會議批評英政府軟弱 屈服減少與中國合作 匯豐高層道歉 - 棱角媒體
《彭博》報導，英國匯豐銀行一名高層，日前在一個閉門場合中發言批評英國政府屈服於美國政府壓力，禁止華為參與英國 5G 移動通訊網絡建設，做法軟弱。BBC及衛報等英國傳媒報導，涉事高層今日透過匯豐發言人道歉，但強調有關言論是在私人場合中作出，並不代表匯豐或中英貿易協會立場。