HSBC plans more China tech jobs  

HSBC plans to add more than 1,000 jobs this year at its technology development centers in Guangzhou, Shanghai and Xi’an, reports Reuters.

HSBC’s expansion plan in China, a key market for the bank, comes amid growing use of technology in the financial sector – from payments to transactions. At stake is a bigger share of the billions of dollars worth of retail and corporate banking business in a major financial market with a growing customer base.

About 30% of the work done at the Guangzhou center, the largest HSBC tech facility in China with more than 5,000 employees, is for the mainland market and that share is expected to grow over the next couple of years.

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