Federated Hermes questions HSBC's stance on Hong Kong law
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LONDON (Reuters) - HSBC investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in Europe's biggest bank in recent weeks to voice concerns about the lender's stance. "We expect companies to support improvements in protections for citizens and not back their removal," said Roland Bosch, lead engager for financial services at Federated Hermes's stewardship and engagement team. The new law could have an adverse impact..