Question: is hsbc a chinese bank?
Answer: HSBC Bank (China) Company Limited (Chinese: 汇丰银行(中国)有限公司; often abbreviated as 汇丰中国) is one of the first foreign banks to incorporate locally in mainland China in 2007. It is part of the worldwide HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited.