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.
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.