# Foreign Ownership in the UK

**URL:** <https://boards.straightdope.com/t/foreign-ownership-in-the-uk/571124>\
**Category:** Great Debates\
**Created:** [February 12, 2011, 1:58pm UTC](https://boards.straightdope.com/t/foreign-ownership-in-the-uk/571124 "2011-02-12T13:58:40Z")\
**Posts on this page:** 3\
**Page:** 2

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**Author:** ![Ryan\_Liam](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ryan_liam/32/3965_2.png) [@Ryan\_Liam](https://boards.straightdope.com/u/Ryan_Liam)\
**Post date:** [February 12, 2011, 9:35pm UTC](https://boards.straightdope.com/t/foreign-ownership-in-the-uk/571124/21 "2011-02-12T21:35:16Z")

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> [@](#):
>
> **wmfellows**  
> errrr I was just responding to his obsession with cars. But this is a good obs re overall industry.

Excuse me, but it wasn’t an obession, I’m getting quite annoyed at your arrogant posture in this debate, keep it civil. You were the one who devolved the argument into one about the car industry, where as I said in the OP it was a broad scope of the manufacturing sector in this country.

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**Author:** ![Captain\_Amazing](https://avatars.discourse-cdn.com/v4/letter/c/6de8d8/32.png) [@Captain\_Amazing](https://boards.straightdope.com/u/Captain_Amazing)\
**Post date:** [February 12, 2011, 11:26pm UTC](https://boards.straightdope.com/t/foreign-ownership-in-the-uk/571124/22 "2011-02-12T23:26:35Z")

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> [@Candyman74](#):
>
> I often hear that; I guess it’s a bizarre urban myth:

Probably because it was founded in Hong Kong (as the Hong Kong and Shanghai Banking Corporation), and its headquarters were there until the Chinese takeover.

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**Author:** ![Candyman74](https://avatars.discourse-cdn.com/v4/letter/c/ad7895/32.png) [@Candyman74](https://boards.straightdope.com/u/Candyman74)\
**Post date:** [February 13, 2011, 8:25pm UTC](https://boards.straightdope.com/t/foreign-ownership-in-the-uk/571124/23 "2011-02-13T20:25:14Z")

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> [@Captain\_Amazing](#):
>
> Probably because it was founded in Hong Kong (as the Hong Kong and Shanghai Banking Corporation), and its headquarters were there until the Chinese takeover.

Yeah, but I’m sure most people know that Hong Kong was British at the time. And HSBC moved to London as soon as the Chinese took over. It was never Chinese.

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