HSBC’s Hong Kong Dilemma Is a Warning to Corporations

US or CCP: CEOs may soon have to pick sides

Pedestrians walk past HSBC signage outside a branch of the bank in Hong Kong on April 28, 2020. Anthony Wallace/AFP via Getty Images

Commentary

Multinational corporate executives are keenly watching HSBC’s increasingly perilous tight-rope dance. Goodness knows, they may be next in line to perform.