What does "HSBC" mean?

The word "HSBC" is said to have been put forward by Gu Yingchun, a comprador in China, after calculating the good and bad luck of the strokes, which means "abundant exchange".

The Hongkong and Shanghai Banking Corporation Limited, literally translated as "The Hongkong and Shanghai Banking Corporation Limited" in Chinese, is abbreviated as HSBC in English and HSBC in Chinese.

The Hongkong and Shanghai Banking Corporation Limited is a wholly-owned subsidiary of HSBC Holdings Limited. It is a founding member of HSBC Group and the flagship of the Asia-Pacific region. It is also the largest registered bank in Hong Kong and one of the three largest note-issuing banks in Hong Kong.

The early development of HSBC;

1 and1In July, 865, the Hongkong and Shanghai Banking Corporation opened its London branch and opened an agency in San Francisco until 1875, when it became a full-service branch. 1866, HSBC opened a branch in Yokohama, Japan, and became a consultant to the Japanese government. 1888, HSBC Thailand Branch was established, becoming the first bank in Thailand and issuing the first batch of banknotes for Thailand.

2. The original name of Hongkong and Shanghai Banking Corporation Limited, the English name was changed to Hongkong and Shanghai Banking Corporation on 1866 and the Chinese name was changed to Hongkong and Shanghai Banking Corporation on 188 1.

During the first world war, the business of HSBC was temporarily suspended, and with the end of the war, the company's business was further expanded.

During World War II, the business of HSBC was affected again, and its headquarters was temporarily moved to London. After the war, the business in Hong Kong resumed operation, and the operation right of the Hong Kong head office was recovered. In view of the limited development space, HSBC began to operate as a group in the 1950 s.

References:

Baidu Encyclopedia-HSBC