HSBC 'saddened' by attack on Mong Kok branch - RTHK
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HSBC 'saddened' by attack on Mong Kok branch

2019-12-25 HKT 11:20
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  • HSBC 'saddened' by attack on Mong Kok branch
HSBC says it is saddened and disappointed by the vandalism at its Mong Kok branch on Nathan Road, after anti-government protesters smashed the glass doors and started a small fire inside the building on Tuesday night.

Protesters targeted the British banking giant for the first time, for shutting down the corporate account of Spark Alliance HK – a fund-raising platform for protesters.

Police later seized HK$70 million in donations the alliance had collected, and arrested four people "on suspicion of money laundering".

HSBC again said it understands there is public concern about the closure of the account, reiterating that the move was in accordance with global regulatory standards.

"As the account has not been used for its stated purpose, we closed the account in November 2019 following fund transfer instruction from the customer. The enforcement agency had subsequently notified the Bank regarding the handling of the account balance a month later," the bank said in a post on Facebook.

"We are here to serve customers from Hong Kong and overseas markets as a global bank. We are committed to maintaining services at a high standard."

HSBC says its operations in the SAR continue as normal.

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Last updated: 2019-12-25 HKT 14:42