HONG KONG -- Global banks in Hong Kong are screening through client lists to identify those most likely to face U.S. sanctions under a new law signed by President Donald Trump to punish those seen as responsible for undermining the city's autonomy.
Finance
Banks in Hong Kong grade clients for US sanction risk
Institutions squeezed between Washington penalty threat and national security law
Zhang Xiaoming, executive deputy director of Beijing’s Hong Kong and Macau Affairs Office, could be one of the officials considered for sanction by the U.S. for undermining Hong Kong’s autonomy. © Reuters
Read Next
_2048x1152.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Finance
