Posted inHong Kong

Banks accused of Beijing-backed ‘asset grab’ as Hongkongers in UK denied access to pension savings

When Tom and Mary decided to leave Hong Kong for Britain, they hoped to buy a home using their hard-earned savings. But they have been unable to retrieve the HKD500,000 they spent decades building up in HSBC pension funds, and accuse the finance giant of playing politics with their money.  A growing number of Hongkongers […]