Finance The HSBC Group’s name is derived from The Hong Kong and Shanghai Banking Corporation Limited, the founding member of the modern Group. The bank owes its origins to the business communities along the China coast back in the 1860s. In March 1865, HSBC opened its doors for business in Hong Kong, and on the 3rd April 1865, the bank’s Shanghai offi ce opened. Today HSBC occupies a leading position in the world of banking and fi nance with an international network that spans six continents. 28