London Daily

Focus on the big picture.
Thursday, Nov 13, 2025

HSBC’s Iconic Hong Kong Lions Make Return in Subdued City

HSBC’s Iconic Hong Kong Lions Make Return in Subdued City

Damaged and defaced during tumultuous protests at the start of this year, the two bronze lion statues standing guard outside HSBC Holdings Plc’s main office in Hong Kong have made their return to the public in a city subdued by a Chinese crackdown on dissent.

The lions, nicknamed “Stephen” and “Stitt,” were unveiled on Thursday following an almost 10-month restoration project after they were splashed with spray paint and partly set ablaze during a mass march at the start of this year.

“Stephen and Stitt have watched over HSBC Main Building for 85 years,” Peter Wong, the bank’s Asia Pacific chief executive officer, said in a statement. “Through good times and bad, they have been an enduring part of Hong Kong’s story.”

Pro-democracy protests rocked the city for months last year, but have all but disappeared after China imposed a new security law on the city and strict social distancing rules were put in place to prevent the spread of the coronavirus. Most recently, attempts at protests on China’s national day earlier this month were quickly stamped out by thousands of riot police, who swept up scores of people before they could mobilize.

HSBC, which counts Hong Kong as its biggest market, has been caught in a tough spot. The attack on the lions came after the bank closed an account linked to the city’s pro-democracy movement in November. It has also seen some of its branches attacked.

Under pressure from Beijing, the lender also this year publicly endorsed China’s new security law, drawing further ire from activists in the city. The London-based lender’s relationship with China has become increasingly tense, with Chinese media blasting it over its role in the U.S. investigation of Huawei Technologies Co. Last month, the ruling Communist Party’s Global Times newspaper reported that the bank could be put on an “unreliable entity” list that aims to punish firms that damage China’s national security.

China is crucial in HSBC Chief Executive Officer Noel Quinn’s plan to boost profits. Quinn is speeding up shakeup of its global operations, pivoting further into Asia as its European operations lose money and it struggles with ballooning bad debt and low interest rates. The bank was this month for the first time since 2017 not part of a group of banks arranging China’s sovereign dollar debt sale.

But there are now indications the standoff with China could be easing. The Global Times on Oct. 20 in a post on Twitter highlighted comments HSBC Chairman Mark Tucker made to a conference in Shanghai about the bank’s plans to expand in China. The tweet was then followed up on by China’s U.K. ambassador, Liu Xiaoming.


The two lions -- animals the Chinese believe bring good fortune and prosperity to those they guard -- were first placed to watch over its Shanghai office in 1923. They were replicated in 1935 and shipped to Hong Kong, where one was named “Stephen” -- after A.G. Stephen, who commissioned the sculptures and served as the bank’s chief manager from 1920 to 1924 -- and the other “Stitt,” after G.H. Stitt, its then-manager in Shanghai.

Newsletter

Related Articles

0:00
0:00
Close
UK Upholds Firm Rules on Stablecoins to Shield Financial System
Brussels Divided as UK-EU Reset Stalls Over Budget Access
Prince Harry’s Remembrance Day Essay Expresses Strong Regret at Leaving Britain
UK Unemployment Hits 5% as Wage Growth Slows, Paving Way for Bank of England Rate Cut
Starmer Warns of Resurgent Racism in UK Politics as He Vows Child-Poverty Reforms
UK Grocery Inflation Slows to 4.7% as Supermarkets Launch Pre-Christmas Promotions
UK Government Backs the BBC amid Editing Scandal and Trump Threat of Legal Action
UK Assessment Mis-Estimated Fallout From Palestine Action Ban, Records Reveal
UK Halts Intelligence Sharing with US Amid Lethal Boat-Strike Concerns
King Charles III Leads Britain in Remembrance Sunday Tribute to War Dead
UK Retail Sales Growth Slows as Households Hold Back Ahead of Black Friday and Budget
Shell Pulls Out of Two UK Floating Wind Projects Amid Renewables Retreat
Viagogo Hit With £15 Million Tax Bill After HMRC Transfer-Pricing Inquiry
Jaguar Land Rover Cyberattack Pinches UK GDP, Bank of England Says
UK and Germany Sound Alarm on Russian-Satellite Threat to Critical Infrastructure
Former Prince Andrew Faces U.S. Congressional Request for Testimony Amid Brexit of Royal Title
BBC Director-General Tim Davie and News CEO Deborah Turness Resign Amid Editing Controversy
Tom Cruise Arrives by Helicopter at UK Scientology Fundraiser Amid Local Protests
Prince Andrew and Sarah Ferguson Face Fresh UK Probes Amid Royal Fallout
Mothers Link Teen Suicides to AI Chatbots in Growing Legal Battle
UK Government to Mirror Denmark’s Tough Immigration Framework in Major Policy Shift
UK Government Turns to Denmark-Style Immigration Reforms to Overhaul Border Rules
UK Chancellor Warned Against Cutting Insulation Funding as Budget Looms
UK Tenant Complaints Hit Record Levels as Rental Sector Faces Mounting Pressure
Apple to Pay Google About One Billion Dollars Annually for Gemini AI to Power Next-Generation Siri
UK Signals Major Shift as Nuclear Arms Race Looms
BBC’s « Celebrity Traitors UK » Finale Breaks Records with 11.1 Million Viewers
UK Spy Case Collapse Highlights Implications for UK-Taiwan Strategic Alignment
On the Road to the Oscars? Meghan Markle to Star in a New Film
A Vote Worth a Trillion Dollars: Elon Musk’s Defining Day
AI Researchers Claim Human-Level General Intelligence Is Already Here
President Donald Trump Challenges Nigeria with Military Options Over Alleged Christian Killings
Nancy Pelosi Finally Announces She Will Not Seek Re-Election, Signalling End of Long Congressional Career
UK Pre-Budget Blues and Rate-Cut Concerns Pile Pressure on Pound
ITV Warns of Nine-Per-Cent Drop in Q4 Advertising Revenue Amid Budget Uncertainty
National Grid Posts Slightly Stronger-Than-Expected Half-Year Profit as Regulatory Investments Drive Growth
UK Business Lobby Urges Reeves to Break Tax Pledges and Build Fiscal Headroom
UK to Launch Consultation on Stablecoin Regulation on November 10
UK Savers Rush to Withdraw Pension Cash Ahead of Budget Amid Tax-Change Fears
Massive Spoilers Emerge from MAFS UK 2025: Couple Swaps, Dating App Leaks and Reunion Bombshells
Kurdish-led Crime Network Operates UK Mini-Marts to Exploit Migrants and Sell Illicit Goods
UK Income Tax Hike Could Trigger £1 Billion Cut to Scotland’s Budget, Warns Finance Secretary
Tommy Robinson Acquitted of Terror-related Charge After Phone PIN Dispute
Boris Johnson Condemns Western Support for Hamas at Jewish Community Conference
HII Welcomes UK’s Westley Group to Strengthen AUKUS Submarine Supply Chain
Tragedy in Serbia: Coach Mladen Žižović Collapses During Match and Dies at 44
Diplo Says He Dated Katy Perry — and Justin Trudeau
Dick Cheney, Former U.S. Vice President, Dies at 84
Trump Calls Title Removal of Andrew ‘Tragic Situation’ Amid Royal Fallout
UK Bonds Rally as Chancellor Reeves Briefs Markets Ahead of November Budget
×