HSBC to invest $448m in China ops, sees opportunities amid challenges

HSBC to invest $448m in China ops, sees opportunities amid challenges

A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong, China June 2, 2015. REUTERS/Bobby Yip/File Photo

HSBC Holdings plans to invest more than 3 billion yuan ($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but also opportunities for investment.

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