Business · Companies · 10 hrs ago

HSBC spends HK$4 million a month on new Causeway Bay flagship

HSBC spends HK$4 million a month on new Causeway Bay flagship

HSBC has opened a five-storey flagship branch in Causeway Bay, Hong Kong.

The 32,000-square-foot branch is at Capitol Centre in Jardine’s Bazaar.

The bank is spending HK$4 million a month on the location.

HSBC is adding coffee, macarons and essential-oil massages to encourage people to visit.

The move comes as more customers use digital banking, pushing traditional lenders to rethink their branch networks.

The bank described the branch as one of its biggest recent investments in Hong Kong.

The spending aims to keep physical branches relevant, though no further plans were stated.

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