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A month on, Hong Kong banks caught between US and China sanctions

Lenders comb through clients to mitigate risk since security bill's passage

A Chinese national flag flies in front of HSBC's offices in Hong Kong.   © Reuters

HONG KONG -- In the first month since Beijing imposed a sweeping new national security law on Hong Kong, banks in the Asian financial hub have scrutinized their client rosters to reduce the risk of repercussions from China or the U.S.

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