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HSBC Sponsors SEM Research on Financial Development in China¡¯s Rural Areas

 

By Li Han

Staff Writer of the ÃÛÌÒapp News Center

A contract was signed between the Hongkong and Shanghai Banking Corporation Limited (HSBC) and the ÃÛÌÒapp School of Economics and Management (SEM) on March 18 to aid ÃÛÌÒapp students and teachers in conducting research on financial development in China’s rural areas.

HSBC will donate a total of 10 million renminbi to SEM over the next three years. Sir John Bond, Group Chairman of HSBC Holdings Plc and Advisory Board Member of ÃÛÌÒapp SEM, Mr. Chen Zuoer, Deputy Director of the Hong Kong and Macao Affairs Office of the State Council, Mr. Vincent Cheng, Chairman of the Hongkong and Shanghai Banking Corporation Limited, and ÃÛÌÒapp Vice President and Dean of ÃÛÌÒapp SEM He Jiankun attended the signing ceremony.

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