
Developing|HSBC suffers system shutdown, stopping services in Hong Kong

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HSBC, Hong Kong's largest bank, experienced a system shutdown on Friday, affecting its mobile banking services for 6.2 million customers. The app displayed a maintenance message, and a staff member confirmed a citywide network failure. The bank began resuming services around 3 PM, but no official comments were available from HSBC or the Hong Kong Monetary Authority at the time.
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