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HSBC to expand in China

HSBC is expanding in southern China and may add as many as 1000 new positions in its retail and wealth management unit in 2017. The Asia-focused British bank has prioritized the Pearl River Delta region as a strategic hub of growth. The bank will target Shenzen on the other side of the border from Hong Kong, which is home to an expanding technology community. China’s booming Pearl River Delta needs bankers and HSBC intends to hire up to 1000 new staff this year to serve China, with most of them going to the future megalopolis that will group 11 industrial cities

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