On May 5, former Hong Kong District Councillors and some Hongkongers in Britain organized a protest outside the HSBC in the UK, to object to the bank’s withholding of their MPF (Mandatory Provident Fund) savings.
There are more than 140,000 Hongkongers migrated to the UK via British National (Overseas) (BNO) visa scheme since 2021, however, many of them have been unable to withdraw their MPF savings in Hong Kong.
According to a human rights organization—Hong Kong Watch, the estimated MPF savings withheld by the Hong Kong financial service institutions have reached HK$21.5 billion (US$2.73 billion).
On May 5 at 10 a.m., while HSBC’s annual general meeting was held in Birmingham, Yau Man-chun, the former District Councillor and now Regional Outreach Coordinator of the Hongkongers in Britain (association), and a group of Hongkongers protested outside The Eastside Rooms….