Huawei confirms senior executive seeking HSBC records in Hong Kong court
3 years, 9 months ago

Huawei confirms senior executive seeking HSBC records in Hong Kong court

Hindustan Times  

Chinese tech giant Huawei confirmed Thursday that senior executive Meng Wanzhou is taking HSBC to court in Hong Kong to access banking records she says will help her battle extradition from Canada to the US. The Hong Kong filing comes at a time of intense scrutiny of Hong Kong's judiciary as Beijing's cracks down on dissent in the semi-autonomous financial hub. Last year it imposed a sweeping national security law on Hong Kong, including granting Beijing's courts jurisdiction in some cases. It makes the vast majority of its profits in Asia, especially Hong Kong and China, and has publicly backed Beijing's national security law.

Law China Canada Court Hong Kong Iran Huawei Beijing Kong Hong Hsbc Meng  records  confirms  executive  beijings  extradition  senior  seeking  court  meng  kong  hsbc  law  kongs  hong  huawei

History of this topic

Huawei CFO fights extradition as Beijing raises pressure
3 years, 4 months ago

Huawei CFO fights extradition as Beijing raises pressure

Al Jazeera  

Lawyers for Huawei Technologies Co.’s chief financial officer made a final push for a Canadian court to reject a U.S. extradition request, as Beijing raised pressure on Ottawa with a series of rulings in criminal cases against Canadian nationals. The Canadian government condemned the moves, which the top U.S. diplomat in Beijing called a “blatant attempt to use human beings …

Meng Wanzhou’s extradition hearing enters final round in Canada
3 years, 9 months ago

Meng Wanzhou’s extradition hearing enters final round in Canada

Al Jazeera  

The US has accused Huawei founder’s daughter of misleading HSBC bank about the telco’s business dealings in Iran. Huawei Chief Financial Officer Meng Wanzhou was back in a Canadian court on Monday in the final round of her fight against extradition to the United States, with her lawyers challenging the crux of the case – that she allegedly hid the …

HSBC 'aiding crackdown on democracy' in Hong Kong, British lawmakers say
3 years, 10 months ago

HSBC 'aiding crackdown on democracy' in Hong Kong, British lawmakers say

Hindustan Times  

HSBC is "aiding and abetting one of the biggest crackdowns on democracy in the world", British lawmaker Chris Bryant told the bank's chief executive Noel Quinn on Tuesday in a hearing over its freezing of Hong Kong democrats' bank accounts. The bank is complying with its legal obligations and is "not in a position to judge the motives" of Hong …

Hong Kong facing 'long dark age' of crackdowns, exiled pro-democracy activist warns
3 years, 11 months ago

Hong Kong facing 'long dark age' of crackdowns, exiled pro-democracy activist warns

The Telegraph  

"People are banned totally from speaking, so I feel a greater responsibility to do that for Hong Kong people," Mr Hui said. Hong Kong police said they had asked banks to freeze Mr Hui's accounts because they suspected money-laundering. On Saturday, Mr Hui said on Facebook that HSBC Hong Kong had cancelled his family's credit cards. Mr Hui said he …

HSBC’s China problems aren’t going away and there is no good plan B
4 years, 4 months ago

HSBC’s China problems aren’t going away and there is no good plan B

CNN  

Hong Kong CNN Business — HSBC’s business in China has long been a boon for the bank. The state-run tabloid Global Times, citing “Chinese observers,” recently floated the idea that the bank’s connection to the US criminal case against Huawei could land it in legal trouble in China that could eventually push it “out of the market.” And some Chinese …

In Showdown Between China and the West, HSBC Gets Caught in the Middle
4 years, 4 months ago

In Showdown Between China and the West, HSBC Gets Caught in the Middle

News 18  

Like Hong Kong, HSBC has long sat at the crossroads between East and West, a big global bank based in Britain that has revelled in and profited from its deep relationship with China. HSBC got called out in China for not publicly backing the new national security law in Hong Kong. American technology companies like Facebook, Twitter, Google and LinkedIn …

HSBC is taking heat from all sides after backing China on Hong Kong
4 years, 6 months ago

HSBC is taking heat from all sides after backing China on Hong Kong

CNN  

Hong Kong CNN Business — HSBC is learning just how tough it is to please both China and the West. China’s state-run tabloid Global Times on Tuesday accused the bank of harboring “a lingering ambiguous attitude toward Hong Kong’s national security law,” and pointed to a longstanding accusation in China that HSBC helped the United States build a case against …

Discover Related