Wimbledon urged to break ties with HSBC over support for Hong Kong’s National Security Act


Wimbledon is under pressure to resign from HSBC as a sponsor over the bank’s support for Hong Kong’s National Security Act.

In a letter to Sally Bolton, Chief Executive Officer of the Tennis Championships, a member of the All-Party Parliamentary Union (APPG) in Hong Kong urged Bolton to reconsider Wimbledon’s involvement in the HSBC. Authorities committing brutal human rights violations against Hong Kongers. “

The letter seen by The Epoch Times, The HSBC said it “participated in serious human rights abuses” in Hong Kong when it expressed its support for the National Security Act.

Parliamentarians and peers also said the banks “did not make efforts to support the principles of human rights, freedom and democracy,” following the city’s anti-democratic movement in 2019.

“Daily reports of new arrests, intimidation and imprisonment [national security law’s] HSBC, a systematic attack on democracy, continues to expand its business in Hong Kong and China. “

In June 2020, Beijing promoted the National Security Act. The law criminalizes individuals for acts of destruction, separation, and collusion with foreign troops against the Chinese Communist Party, and imposes the greatest penalties for life imprisonment. A year later, the British government reported that the law was used to “significantly reduce” freedom of speech in the former British colonies.

Hong Kong APPG lawmakers said the championship host, the All England Lawn Tennis Club (AELTC), would hurt its reputation by maintaining a relationship with HSBC.

“AELTC encapsulates some of Wimbledon’s highest values ​​of honesty and respect,” the letter says.

“Getting financial support from a bank that benefits from human rights abuses is a stigma of its exemplary reputation.

“Resigning as a sponsor of HSBC will send a clear message that Wimbledon will not tolerate any relationship with any organization that contributes to repression and human rights abuses,” said a group of lawmakers.

Last year, the Hong Kong APPG called on AELTC, the R & A golf governing body, and World Rugby to break its ties with HSBC, but the three organizations are pleased that HSBC has clarified its position on this issue. . “

Founded in Hong Kong and later headquartered in the United Kingdom, the 157-year-old bank has traditionally sought to maintain political neutrality.

Epoch Times Photo
Peter Wong, Chief Executive Officer of HSBC Asia Pacific, will attend the HSBC Interim Results Press Conference on August 2, 2010. (EdJones / AFP via Getty Images)

However, a few days after China’s Rubber India Parliament passed a resolution on the National Security Act in late May 2020, HSBC Chief Executive Officer Peter Wong, who is also a member of the Chinese People’s Political Consultative Conference, openly passed the bill. I supported it. By signing the petition. He also expressed support for legislation in China’s state media Xinhua News Agency and opposition to the then rumored US sanctions against strict laws.

Another British bank, Standard Chartered Bank, has also openly approved security legislation.

HSBC has also been criticized after freezing the bank accounts of democratic activists, including former lawmaker Ted Hui.

Grill by a special committee of parliamentarians In January 2021, HSBC Group CEO Noel Quinn said banks must comply with local law and it is not his position to “make moral or political decisions on these issues.” I told the Foreign Affairs Committee.

He also said the company was “too committed” to the former British colony throughout its heritage and history, and “willing to leave Hong Kong.”

January of this year London Times reported HSBC held shares in a subsidiary of a licensed Chinese paramilitary organization responsible for atrocities against Uighur Muslims for anonymous clients.

Last year, the Hong Kong APPG began investigating whether British banks contributed to Hong Kong’s political crackdown. Investigation is still underway.

In a statement to the Epoch Times, a spokesman for the All England Lawn Tennis Club said: It will be supported soon. “

HSBC did not respond to the Epoch Times’ request for comment.

Lily Chow

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Lily Zhou is a freelance writer who mainly covers the British news of The Epoch Times.

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