The History Of Hong Kong, Britain’s Colonial Legacy. Fast Forward To 2019
The reason Hong Kong was seized by England, on orders of Queen Victoria, was that Sassoon needed a logistics, warehousing, and distribution base for his opium operations. Similarly, the founding of HSBC, an event requiring permission of the monarch, was for the handling and laundering of Sassoon’s drug money, an expertise in which the bank still specialises today. The standard narrative tells us the HSBC was founded by Scotsman Sir Thomas Sutherland, who wanted a bank operating on “sound Scottish banking principles”, but that’s historical Photoshopping.