HSBC has reportedly cancelled an education benefit for new Hong Kong employees and employees transferred to Hong Kong. This benefit reimburses 95% of the child's tuition fees. Each child can receive up to HK$220,000 per year for primary school and up to HK$300,000 for each child attending secondary school. Currently, hundreds of HSBC Hong Kong employees enjoy this benefit, costing tens of millions of dollars a year. This has become an uneasy issue for the London headquarters.

HSBC has reportedly cancelled an education benefit for new Hong Kong employees and employees transferred to Hong Kong. This benefit reimburses 95% of the child's tuition fees. Each child can receive up to HK$220,000 per year for primary school and up to HK$300,000 for each child attending secondary school. Currently, hundreds of HSBC Hong Kong employees enjoy this benefit, costing tens of millions of dollars a year. This has become an uneasy issue for the London headquarters.