The buildings construction required 27,000 tonnes of structural steel, one million square feet of cladding and up to 4,500 workers on site 24 hours a day. Dan Waters, "Hong Kong Hongs with Long Histories and British Connections", features the road grid of Central in the 1910s, "HSBC Headquarters Building (2nd generation) [1886-1933] | Gwulo: Old Hong Kong", History timeline | HSBC Holdings plc Who we are Our history, https://en.wikipedia.org/w/index.php?title=Bank_Street_(Hong_Kong)&oldid=1136794268, Articles containing Chinese-language text, Articles with unsourced statements from January 2023, Wikipedia articles needing clarification from January 2023, Articles with unsourced statements from December 2022, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 1 February 2023, at 04:58. CHAHAT SHEIKH. 9-11 Prat Avenue, Tsim Sha Tsui, Hong Kong. Wardley House Sure, you could take the Peak Tram up to the top of Victoria Peak, but then you wouldnt enjoy the winding views from Old Peak Road. Wardley Thanks for adding this, we now have the sequence from 1st to 4th generation. This featured a Venetian mosaic dome (pictured) and the first pair of HSBCs famous lions, who were nicknamed Stephen and Stitt after senior managers from this era. WebWardley Centre 9-11 Prat Avenue, Tsim Sha Tsui, Hong Kong. Wai Chi-sing, managing director of the Urban Renewal Authority, says construction finished on two four-storey blocks at Yan Oi House in Hung Shui Kiu. Start with one of Gwulo's most popular pages: Or explore over 40,000 pages about old Hong Kong: David shows favourite photos from his collection and tells the photos' hidden stories in this series of books. The move was in response to the UKs Financial Services (Banking Reform) Act 2013 which required that all banks ring-fence their core banking services in the UK. 1864 Wardley House | Gwulo During the month of retelling spooky stories about spirits and dark histories (as well as warding off evil energy and paying respects to ancestors on Double Ninth Festival ), and besides amusement park haunted houses, here are 10 buildings and houses in Hong Kong that have creepy tales and ghost sightings associated with them. There was an error. Credit cards accepted. Monaco. The bank opened its new Shanghai headquarters in the citys Pudong district in 2010, the same year it opened its 100th office in the country. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Which I've just done. Wardley House, Dents Fountain, City Hall. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Atthat time, the finance of trade in the region wasnot well developed and most transactions were stillhandled by the European trading houses, or hongs,rather than by professional banks. Hong Kongs Urban Renewal Authority finishes first transitional The banks USD25 million charitable fund, meanwhile, is providing help where it is needed most. Today HSBC is one of the worlds largest banking and financial services organisations. organisation In China, however, it has grown: both organically, following the establishment of HSBC Bank China in 2007, and through a series of alliances with Chinese financial institutions. HSBC survived and earned a reputation for resilience. Gwulo Old Hong Kong 1864 Wardley House View Zoom What links here moddsey Mon, 09/22/2014 - 21:43 prev next older newer Date picture taken 17 Nov 1864 Photos of Wardley House/HSBC Headquarters Building Step around the conmen hawking fake Rolexes and chancers trying to flog cheap suits to find shops open until the early hours, monster malls and banks of neon signs lending a glow to this shrine of capitalism. Need sneakers? I've received this very helpful reply from Matthew Edmondson, HSBC's Archives Collections Manager: I have summarised the information we hold on the building from our records below:In May 1857 the import and export agents John Bowman and F.B Johnson purchased Marine Lot 104, on which they built the property in question. Find out more about how we operate, our performance and our strategy. Explore our Hong Kong and London Archive Centres from wherever you are in the world. View (active tab) Zoom; What links here; annelisec. (HONG KONG) LIMITED; WARDLEY DIRECT INVESTMENT MANAGEMENT (HONG KONG) LIMITED; WARDLEY SHIPPING LIMITED; WARDLEY TECHNOLOGY LIMITED; WARDLEY WYWY INVESTMENTS Since the start of the 21st century HSBC has expanded its business in China. The Upper House, Hong Kong The stretch of waterfront walk is a homage to the great and the good of the Hong Kong movies topped off by a statue of Bruce Lee. When autocomplete results are available use up and down arrows to review and Originally You can help Wikipedia by expanding it. The bank financed the export of a variety of exports including tea and silk from China, cotton and jute from India, and sugar from the Philippines. Dubai. View looking towards west. This wide boulevard is the main commercial road through Tsim Sha Tsui and is packed with honking cars and crowds of people. Ownership - Single Ownership. A few years later, the building was extended to include an extra wing, facing onto the praya.In 1862, the building was assigned to D. Sassoon, Sons & Co., [Sassoon's closed on the mortgage to the property, as the branch of Wardley did not prosper].On 28 October 1864 the Provisional Committee of HSBC approved the rental of Wardley House, as the first premises of the Bank (Arthur Sassoon sat on the Banks Provisional Committee, which perhaps facilitated the initial lease of Wardley House.). Wardley House/HSBC Headquarters Building (1st Generation) [1857-1882] | Gwulo: Old Hong Kong content > Wardley House/HSBC Headquarters Building (1st Find out what competitors are doing & do it better. It seems that the "extension, facing onto the Praya" is what we see in the second photo. In 1984, HSBC became the first foreign bank to be granted a banking licence in mainland China since 1949, for its branch in Shenzhen. Web Visit WebVirtual tour . WebOur businesses. Immigrant Xunpan~ Hurriedly leave~ About to watch You probably dont want to buy black moss or dried scallops, but its worth a visit here to see all sorts of exotic dried out seafood spilling out on the street. WebVirtual tour . Reinventing Hong Kong Photos of Wardley House/HSBC Headquarters Building (1st Please contact 3018 4832 for more information. William Henry Wardley was a staffmember of Gibb Livingston. Its best seen under the neon glow of the advertising hoardings by night. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Albumen print on original card mount by John Thomson, ca. Hong Kong. analyse how our Sites are used. It is a private company limited by shares. Get links from Websites in your local area. (duration 8:17) Sutherland decided to set up a bank that would be owned and managed locally and would support international trade. English: HSBC Hong Kong: Main Building located on Statue Square in Central, Hong Kong. WebWARDLEY LIMITED is a Hong Kong company incorporated on 11 September 1981. Hong Kong Poised to Reclaim IPO Crown in 2020 (Source: Reuters) Currency Considerations in Hong Kong We support credit card, debit card and PayPal payments. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. Contact details. Wardley Johnson and JamesBowman the name was retained. Forty of the 169 HSBC employees from the banks London office who joined the British forces during the war were killed or listed as missing in action. The hexagon symbol was derived from the banks original house flag, which in turn was based on Scotlands flag. The construction of the banks new global headquarters began in 1999 in Canary Wharf, in Londons former docklands. Its employees often showed tremendous courage, sticking to their posts until the last minute to help customers access cash or send money abroad. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Conscription also meant there was a shortage of new recruits and staff were placed on extended postings. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. It'sto commemorate 25 yrs of the current building. / Wikimedia Commons / GNU FDL. David can I ask how I add later buildings to this? Manage local business listings & citations. In 1866, the Bank purchased the portion of the property they occupied outright in 1866, for $60,000. They were designed by Lord Norman Foster, the same architect behind the HSBC building in Hong Kong. It seems that the "extension, facing onto the Praya" is what we see in the second photo. Take a virtual tour It survived thanks to its significant reserves and careful management, which allowed the business to retain a strong foundation for growth when peace returned. was constructed shortly after the demolition of and in replacement of the nearby Wardley Street. Create videos & Images for competitive keywords. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Wardley Centre | 9-11 Prat Avenue, | Hong Kong Office properties We encourage the use and reuse of our collection data. WebThe first generation of the bank's headquarters bearing the 1 Queen's Road Central address on Marine Lot No. WebUse Workspace Asia to find your ideal serviced office or coworking space from over 200 locations in Hong Kong. One month later, on 3 April1865, the banks Shanghai office opened forbusiness. Category : HSBC Hong Kong headquarters building - Wikimedia These Are the Most Expensive Cities for a Life of Luxury - Business This is the main shopping district and when the lights change at Yee Woo youll see hundreds of people go skitling across the road. It had also expanded its government finance business and had issued many loans for government railway and other infrastructure projects, including Chinas first public loan in 1874. The Salisbury YMCA of Hong Kong (first generation) (11 F) Media in category "Former WebIts first office was in Wardley House (pictured above) at 1 Queens Road in the City of Victoria, the heart of Hong Kongs Central district. If youre looking for the street on a map, its marked as Upper Lascar Row. Check out: 12 pm. This Hong Kong road article is a stub. Hong Kong Simply log into Settings & Account and select "Cancel" on the right-hand side. 1865. Download free sample chapters, and see how to order the books. History timeline | HSBC Holdings plc Investment in technology has helped employees work from home and deliver a continuous service. Monaco. By the early1860s, local businessmen needed larger and moresophisticated facilities. In Hong Kong, inparticular, business leaders required specialistbanking services preferably from a bank thatwas locally owned and managed. Business Insider WebJul 28, 2019 - Photos of Wardley House/HSBC Headquarters Building (1st Generation) [1857-1882] | Gwulo: Old Hong Kong. HSBC opened its doors in Hong Kong on 3 March 1865 and in Shanghai a month later. You may change or cancel your subscription or trial at any time online. Wan Chai is the best place in Hong Kong to enjoy a drink or three and Lockhart Road is in the very heart of the action. HSBC accelerated its transformation into a global business in 1959 when it bought The British Bank of the Middle East, a pioneer in the Gulf states. Read the story of HSBCs birth and international expansion and how we have been supporting customers for more than 150 years. After deals in the Middle East, India and the US, HSBC needed a strong foothold in Europe to transform itself into a truly international bank. Wai Chi-sing, managing director of the Urban Renewal Authority, says construction finished on two four-storey blocks at Yan Oi House in Hung Shui Kiu. 1865. I think the earlier photo above was taken before "A few years later, the building was extended to include an extra wing, facing onto the praya." HSBC responded to competition by founding its own investment banking subsidiary, Wardley, in 1972. It stopped trading about 1861, beforethe Bank was established. The first HSBC (then known as the Hong Kong and Shanghai Banking Company Limited) building was Wardley House, used as an HSBC office between 1865 and 1882 on the present site. The stalls here are stacked high with mini Mao statues, reproduction Ming vases and movies posters from Bruce Lees glory days. (duration 1:49) It'sto commemorate 25 yrs of the current building. It is rare to put it on Homepage Ads Sell HKD$7.25 Millions Gross: 701 ft Saleable: 522 ft Agency Ads. Taipei. university cookies But in 1965 a crisis hit the Chinese banking sector which also affected Hang Seng. Paulos passion for SEO has led him to stay up-to-date on the latest trends and best practices, ensuring his clients receive the most effective strategies to improve their search engine rankings and drive traffic to their websites. Wardley House It seems it was partly used by the army for quarters prior to the bank taking over the lease. 104 was the Wardley House,[3] named after W. H. Wardley and Company, sharing with the Chartered Mercantile Bank, and some subsidiaries of the bank were named Wardley into the 1990s. Local and foreign trade in Hong Kong and at ports in China and Japan had increased rapidly in the preceding few years, and Sutherland recognised that businesses needed better local banking facilities. Discover new Request Profile Update Download Data Home Profiles Asset Manager Asia Wardley On completion of the building it was leased to Messrs Wardley & Company* and became known as Wardley House. In 1923 it opened a new office (above) on Shanghais famous waterfront area, the Bund. journalists in 50+ countries covering politics, business, innovation, trends and more. The Chinese population of Hong Kong began to call HSBC Wayfoong (written in Chinese above), which means abundance of remittances or focus of wealth. For cost savings, you can change your plan at any time online in the Settings & Account section. During the early 1930s, an extra portion of land was required for the construction of the third generation of HSBC Building, which required the demolition of both the southern portion (between Des Voeux Road Central and Queen's Road Central) of Wardley Street[clarification needed] and the western part of the former City Hall.[2]. WebOf course not all the charms are high-tech: the restaurant and bar on the 49th floor offer widescreen views of Victoria Harbour and the Hong Kong skyline and down on the sixth floor theres an open-air lawn, a rare and welcome bit of green space in a very urban town. See ref at bottom. By the time of its centenary in 1965, HSBC had a network of 170 offices across the globe. They weren't open yet when I saw them today but they look quite detailed and have a range of photos. The city had also become one of the worlds most important financial centres and foreign banks arrived to tap into the booming stock market. All Rights Reserved. University of WANT MORE HALLOWEEN CONTENT? Today 'Wardley' is the name of an investment company associatedwith the Hong Kong and Shanghai Bank. We will be in touch soon. Explore our Hong Kong and London Archive Centres from wherever you are in the world. Hong Kong has an addiction to knocking stuff down and putting up taller and shinier skyscrapers. In 1941 he was captured in Hong Kong by occupying troops and held at the Sun Wah Hotel. On completion of the building it was leased to Messrs Wardley & Company* and became known as Wardley House. personalising content and ads, providing social media features and to Wardley House built, initially on southern half of lot, 1857-1863 Date unsure: Building extended to Praya on north. The ring-fenced business opened its new environmentally friendlyheadquarters in Birmingham in November 2018. Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. Hong Kong It opened in 1986. Watch. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Visit the HSBC History website to explore the banks rich and colourful heritage in depth, and access our unique archives. Aside from cauldrons of steaming soupy medicine, this is also where you can pick up birds nest soup, ginseng and other exotic local herbs and spices. No affiliation or endorsement, express or implied, is provided by their use. Wardley House/HSBC Headquarters Building (1st Generation) [1857-1882], HSBC Headquarters Building (2nd generation) [1886-1933], 1857 May The import and export agents John Bowman and F.B Johnson purchased Marine Lot 104, extends from Queen's Rd C to Praya. HSBC has taken a range of measures to support coronavirus recovery efforts, ranging from relief for personal lending customers to extra lending for wholesale clients. 2008-2023 Sovereign Wealth Fund Institute. The 42-storey tower was completed in 2002 and features HSBCs two famous lions outside its main entrance. The Birmingham 'cake slice' HFSiu recently added this photo from the early 1860s. 1862 The building was assigned to D. Sassoon, Sons & Co. 1863 Chartered Mercantile Bank lease western half. Beijing and the Hong Kong government have decried calls by some members of the European Parliament for sanctions against officials over the national security law as Wardley House/HSBC Headquarters Building (1st Generation) [1857-1882] What links here Submitted by 80sKid on Wed, 07/14/2010 - 20:03 + z20 Leaflet | Hong Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Hong Kong has blocked an estimated 2.2bn in pensions owed to roughly 96,000 people who moved to the UK in 2021 and 2022, according to the advocacy group Check if your It seems it was partly used by the army for quarters prior to the bank taking over the lease. Our records are constantly being enhanced and improved, but please note that we cannot guarantee the accuracy of any information shown on this website.
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