On Monday, as Huawei CFO Meng Wanzhou resumed work in China, HSBC, which
allegedly helped the US crack down on the Chinese tech giant, reported
surging third-quarter profits in all of its markets, including the
Chinese mainland and Hong Kong.
Experts said that the resolution
of Meng's case had a positive influence on HSBC's business by dispelling
investors' displeasure with the banking giant, whose shares are listed
in the UK and Hong Kong.
HSBC said that third-quarter pre-tax
profits jumped 75.8 percent year-on-year to reach $5.4 billion, and all
of its market regions were profitable....
The
bank came under fire on China's social media after it was reported to
have helped US prosecutors with charges against Huawei, which led to the
arrest of Huawei CFO Meng Wanzhou. Global Times
Who are the experts mentioned above that said resolution of Meng Wanzhou's case had a positive influence on HSBC? Is China satisfied after the unlawful and disgraceful arrest of its prominent citizen by the rogues in America and Canada, detained for 3 years under very stressful and humiliating circumstances?
HSBC committed a crime against Meng Wanzhou by sharing her personal info with the Americans. This is a violation of confidentially and banking regulation. And Meng was arrested in Canada, another violation of human rights by the Canadian PM Trudeau, and put under house arrest for 3 years. She had to suffer the indignity of losing her freedom and personal rights, her leg tagged, and had to pay for costly legal fees to fight for her freedom. 3 years of her life was robbed from her, 3 years of personal freedom!
Did China take any legal actions against HSBC for the crimes against Meng Wanzhou? Did HSBC pay compensation to Meng Wanzhou for the breach of confidentiality and the loss of here freedom under detention by the Canadians?
This is not only a personal violation, a personal injustice, but a national debt, a crime against China. China must take action against HSBC to defend the rights of its citizen and its national pride. 有仇必报。 It cannot be another case of never mind after being bullied and abused by a bank. China would continue to be abused and kicked around if it did not set an example of HSBC by letting it go scot free. It is a bad example to set, just like how it allowed the Pinoys to bully and challenge its position in the South China Sea, by behaving as a weak power. China is inviting trouble from Mickey Mouse to itself for its meek behaviour and non action, afraid to defend its own rights and defend its own citizens. Period.
This article on when China is going to charge HSBC for its outrageous act against Meng Wanzhou and the Chinese PRC rekindles my interest to when China is going to settle account with AIA an American insurance company founded long ago in Shanghai for misappropriating hundreds of billions of dollars from Chinese clients who might have died during the First World War 1914 to 1918 and the Second World War 1931 to 1945. ( For the Chinese Second World War started from 1931, the year Japan started to attack and invade China ). AIA cannot be just opportunist to swallow freely the billions of dollars from dead Chinese clients by subterfuge in claiming that the identity of the dead clients cannot be traced. No matter what China must now pick up the thread and demand AIA to appear before the PRC government to account for the billions it illegally appropriated. This case of AIA illegal appropriation of the billions belonging to deceased Chinese clients has been dormant for too many decades. AIA cannot claim this happened before the founding of the PRC . This is a stupid lame excuse for it must settle with whatever Chinese government that comes into power in China. China must now pursue AIA to cough out the billions of dollars owed to deceased Chinese clients for these money by legal right should be reverted to the Chinese national government which is now the PRC and not to be unlawfully or illegally retained by AIA. Time is of the essence the PRC must henceforth pursue AIA on the issue to its successful conclusion as quickly as possible.
ReplyDeleteSouthernglory1
Tuesday, 24th September, 2024
All these Brits, Americunts and Euro Nuts are thieves of the worst scums.
ReplyDeleteDisasters befallen on them soon
https://youtu.be/srVMf9JlpR8?si=MolDA8Y1AqFz-EJ3
ReplyDeleteBest description of them
HSBC is now run by Indians, a de facto Indian bank. Most of their employees are Indians.
ReplyDelete