The original name of Hongkong and Shanghai Banking Corporation Limited, the English name was changed to Hongkong and Shanghai Banking Corporation Limited on 1866, and the Chinese name was changed to Hongkong and Shanghai Banking Corporation Limited on 188 1. The word "HSBC" is said to have been put forward by Gu Yingchun, a comprador in China, after calculating the good and bad luck of the strokes, taking its meaning of "abundant exchange". By 1900, HSBC has also set up branches in other parts of the Far East, such as India and Singapore. After 19 1 1 year, HSBC obtained the right to collect customs duties and salt taxes in China. By the beginning of the 20th century, HSBC had become the largest bank in the Far East. The foreign exchange traded by HSBC often accounts for 60%-70% of Shanghai's foreign exchange market.

During the First World War, the business of HSBC was temporarily suspended, and with the end of the war, the company's business was further expanded.

During World War II, the business of HSBC was once again affected, and its headquarters was temporarily moved to London. After the war, the business in Hong Kong resumed operation, and the operation right of the Hong Kong head office was recovered. During the period of 1949, with China's * * * production party in power, the branches of HSBC in Chinese mainland were closed one after another, and only the Shanghai branch continued to operate, making HSBC one of the few foreign banks that did not interrupt its business in Chinese mainland. In view of the limited development space, HSBC began to operate as a group in the 1950 s.