Yes According to the inquiry of official website, Hang Seng Bank in Shenzhen, Shenzhen Branch of Hang Seng Bank (China) Co., Ltd. specializes in the design, production and sales of all foreign exchange business and RMB business, absorbing public deposits, issuing short-,medium-and long-term loans, providing letter of credit services and guarantees, accepting and discounting bills, financial bonds and so on. So Shenzhen Hang Seng Bank can open a letter of credit. On March 3rd, 1933, Hang Seng Bank Limited was founded by Bing Yim Lam, He Shanheng, Liang Zhiwei, Sheng Chunlin and He Tian. This is a bank focusing on China, China, Hongkong and Chinese mainland, and is a member of HSBC Group.