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HSBC to open branch in Shenyang, northeast China


Published : Thu, 18 Jan 2007 11:57
By : Agencies
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BEIJING (XFN-ASIA) - HSBC said it has obtained approval from the China Banking Regulatory Commission (CBRC) to set up a branch in Shenyang in northeast China.

In a statement, HSBC said the new branch is scheduled to open within the year upon receipt of the operational license from the CBRC.

HSBC has 35 outlets in mainland China.

will.davies@afxasia.com

wd/net

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