Cross-border deal drives HSBC's Hong Kong business

Leveraged forward extra structure helps client hedge CNH purchase

Justin Chan at HSBC
Justin Chan, HSBC

Driven by the continuous development of renminbi derivatives business, as well as a number of other business lines including corporate finance and prime brokerage, HSBC is able to maintain its market-leading position in Hong Kong as a comprehensive financial products and services provider in 2014.

RMB cross-border structured transactions are one of major revenue sources for HSBC Hong Kong. The number of foreign exchange trades conducted through the bank's Hong Kong desk with institutional client