HSBC Denies Chinese Media Reports That It ‘Framed’ Huawei

The HSBC headquarters is lit up at the Central Financial District in Hong Kong November 3, 2015. Bobby Yip/Reuters

BEIJING—HSBC on Saturday denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world’s biggest telecoms equipment maker.

In a statement posted on the bank’s Chinese WeChat messaging service account, the London-headquartered lender said it did not participate in the decision of the U.S. Department of Justice to investigate Huawei.