The fund aims to help enterprises in the Greater Bay Area meet their net-zero goals and is also being used for projects that have a social as well as environmental benefit.
HSBC
The HSBC New Economy Fund is designed to give support to innovative startups and comes in the wake of the bank’s purchase of the UK arm of the Silicon Valley Bank.
Experts say the e-HKD is being developed rapidly and could be of major importance if it manages to link to China’s digital yuan.
Former Hong Kong chief executive Leung Chun-ying, aka CY Leung, has exhorted everyone with HSBC bank accounts, especially Hong Kong officials and Hong Kong delegates to the legislative and consultative bodies in the mainland, to stop using them, to let British companies know “which side of their bread is buttered”.
