What does "HSBC" mean?

The word "HSBC" is said to have been suggested by the Chinese comprador Gu Yingchun after calculating the fortune and misfortune of the strokes, taking its meaning of "rich remittances".

The Hongkong and Shanghai Banking Corporation Limited, literally translated as "Hong Kong and Shanghai Banking Corporation Limited" in Chinese, the English abbreviation HSBC, the Chinese abbreviation HSBC.

The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings Limited. It is a founding member of the HSBC Group and its flagship in the Asia-Pacific region. It is also the largest registered bank in Hong Kong and one of the three major banknote issuers in Hong Kong. One of the banks.

The early development of HSBC:

1. In July 1865, the London branch of the Hongkong and Shanghai Banking Corporation opened and an agency was opened in San Francisco until it became a full-service bank in 1875. branch. In 1866, HSBC opened a branch in Yokohama, Japan, and became a consultant to the Japanese government. In 1888, HSBC Thailand Branch was established, becoming the first bank in Thailand and issuing the first batch of banknotes for Thailand.

2. The original name of The Hongkong and Shanghai Banking Corporation was: Hongkong and Shanghai Banking Company Limited. In 1866, the English name was changed to The Hongkong and Shanghai Banking Corporation. In 1881, the Chinese name was changed. The Hongkong and Shanghai Banking Corporation.

3. HSBC’s business was temporarily suspended during World War I. With the end of the war, the company’s business expanded further.

4. During the Second World War, HSBC's business was again affected and its head office was temporarily moved to London. After the war, business operations in Hong Kong resumed operations and the operating rights of the Hong Kong head office were regained. In view of the limited development space, HSBC began to operate as a group in the 1950s.

Reference: Baidu Encyclopedia-HSBC Bank