The new building was designed by the British architect Norman Foster.
Like the other statues of Statue Square, the two bronze lion statues in front of the building were displaced to Japan to be melted by the occupying Japanese during World War II. They were recovered at the end of the war.
HSBC owns Hang Seng Bank after which the Hang Seng Index for stock prices in Hong Kong is named; it is one of the three banks which issues banknotes for Hong Kong (the other two being the Bank of China and Standard Chartered Bank).
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