HSBC and Standard Chartered back Hong Kong security law

UK-based banks follow moves by major businesses in the city

NARAYANAN SOMASUNDARAM, Nikkei Asian Review chief banking and financial correspondent

HONG KONG -- The two British lenders that dominate Hong Kong banking have come out in support of Beijing's national security law for the city despite opposition from the U.K. government, highlighting the pressure on businesses to choose sides over the contentious legislation.

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