ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Hong Kong old-guard banks shaken by protests and online competitors

HSBC and others cut fees in response to potential threat from virtual lenders

HONG KONG -- Big banks in Hong Kong face a tougher environment as competition from internet-based rivals and political uncertainty roil the financial services market.

HSBC Holdings, which controls more than 30% of the Hong Kong banking market, and other big banks are battling for customers.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more