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The Shanghai Free Trade Zone free trade account function upgrade pilot was officially implemented recently, and the level of cross-border trade and investment liberalization and facilitation has ushered in a new upgrade. HSBC Bank Limited announced that as the first batch of foreign banks to pilot the Shanghai Free Trade Account function upgrade, it has successfully opened a free trade account for a multinational enterprise participating in the pilot in the Shanghai Free Trade Zone. As a result, HSBC China became one of the first banks to open a corporate account after the pilot was implemented.

Zhitongcaijing·12/10/2025 06:49:09
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The Shanghai Free Trade Zone free trade account function upgrade pilot was officially implemented recently, and the level of cross-border trade and investment liberalization and facilitation has ushered in a new upgrade. HSBC Bank Limited announced that as the first batch of foreign banks to pilot the Shanghai Free Trade Account function upgrade, it has successfully opened a free trade account for a multinational enterprise participating in the pilot in the Shanghai Free Trade Zone. As a result, HSBC China became one of the first banks to open a corporate account after the pilot was implemented.