HSBC launches $880m tech fund in China's Greater Bay area

HSBC launches $880m tech fund in China's Greater Bay area

A man walks past a logo of HSBC outside a branch at the financial Central district in Hong Kong, China June 2, 2015. REUTERS/Bobby Yip/File Photo

In a move to support fast-growing tech companies, HSBC has launched a $880-million fund focused on China’s Greater Bay Area of Guandong, Hong Kong and Macau, it said in a statement on Tuesday.