Hong Kong-listed shares of AIA Group , HSBC Holdings and Standard Chartered PLC fell sharply on Friday on growing concerns that Beijing’s tighter capital controls could dent the business of global financial firms with exposure to mainland China.
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The SCMP also said that staff members at a branch of HSBC in Lujiazui cautioned that all funds deposited into investment accounts must comply with Hong Kong’s regulatory requirements.
Banks have been tightening scrutiny on cross-bord… [535 chars]
Source: Reuters | Published: 2026-06-05T02:14:17Z
Credit: Reuters
