HSBC China launched private banking services in Chinese cities outside Beijing, Shanghai, Guangzhou and Shenzhen for the first time.

According to the China News Agency, since the first half of this year, the new business strategy at the core of China's market service capabilities was launched, HSBC (China) Co., Ltd.'s global private banking business has accelerated its layout in mainland China.On Tuesday (October 11), it was announced to officially launch private banking services in Chengdu and Hangzhou.

This is the first time that HSBC China has provided private banking services in Chinese cities outside Beijing, Shanghai, Guangzhou, and Shenzhen. At the same time, it became the first international bank to set up a private service team in the western region.

Miao Zijun, Director of HSBC China Global Private Bank, said that the wealth management market in mainland China is large and has a wide prospect. Whether it is an active coastal area or a rapidly developing mainland region, it provides the implementation of new business strategies.Good market foundation.

He said that in Chengdu and Hangzhou, the private banking business in Chengdu and Hangzhou can not only be closer to local customers to provide services, but also further improve the wealth management map of HSBC outside the four major cities of Beijing, Guangzhou and Shenzhen, to accelerate business growth to accelerate business growthProvide motivation.

It is reported that the newly established private banking team of HSBC China is composed of customer managers and private wealth management consultants.The linkage advantage of linkage forms a joint force with the Group's securities, funds, insurance, and fintech institutions in mainland China to meet the comprehensive financial needs of the long -term development of customers, families and enterprises.