We hope the US Congress can use the International Emergency Economic Power Act to sanction #HSBC who helped the autocratic #HK regime to close down the bank account of a democratic foundation. This severely harms the financial hub status of Hong Kong.
45K HKers joined the rally today.
We demanded the gov to withdraw the political prosecution on SparkAlliance, an act that damaged #HK’s status as an international financial hub.
We hope the free world will sanction #HSBC and other pro-Beijing corporates like Cathay & Huawei.
If you’re looking for the worst equity index today amid epic global upheavals, look at the Shanghai B Shares - plunged 8% in a day.
This #USD-denominated Chinese index is sensitive to currency moves & geopolitics. See how it’s closely correlated with #HSBC with Chinese roots.