House of the Year, Hong Kong: HSBC

Asia Risk awards 2015: Increased volatility in China equity, rates and forex market lifts HSBC's bottom line

Justin Chan at HSBC

Unsurprisingly for a bank previously known as the Hong Kong and Shanghai Banking Corporation, the opening in 2014 of the Stock Connect linking the two cities' equity markets was a major boon to HSBC's revenues. The 10% increase in year-on-year, first-half figures for the UK-headquartered bank was driven by Stock Connect flows, which chairman Douglas Flint said "surpass all expectations".

The trading tie is, of course, cash only, but it is indicative of the central role HSBC plays in a market it

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