HSBC investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in ...
HSBC investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in Europe's biggest bank in recent weeks to voice concerns about the lender's stance.
"We expect companies to support improvements in protections for citizens and not back their removal," said Roland Bosch, lead engager for financial services at Federated Hermes's stewardship and engagement team.Aviva Investors, another leading HSBC shareholder, said earlier this month it was uneasy about the bank's show of public support for the law.
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