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HSBC Main Building is a headquarters building of
The Hongkong and Shanghai Banking Corporation The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong K ...
, which is today a wholly owned subsidiary of London-based
HSBC HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tr ...
Holdings. It is located on the southern side of
Statue Square Statue Square (; lit. "Empress' Statue Square") is a public pedestrian square in Central, Hong Kong. Built entirely on reclaimed land at the end of the 19th century, Statue Square consists of two parts separated by Chater Road into a n ...
near the location of the old City Hall,
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a List of cities in China, city and Special administrative regions of China, special ...
(built in 1869, demolished in 1933). The previous HSBC building was built in 1935 and pulled down to make way for the current building. The address remains as 1
Queen's Road Central Queen's Road is a collection of roads along the northern coast of Hong Kong Island, in Hong Kong, within the limit of Victoria City. It was the first road in Hong Kong, constructed by the British between 1841 and 1843, spanning across Victoria ...
(the north facing side of the building was served by
Des Voeux Road Des Voeux Road Central and Des Voeux Road West are two roads on the north shore of Hong Kong Island, Hong Kong. They were named after the 10th Governor of Hong Kong, Sir William Des Vœux. The name was sometimes spelt with the ligature œ i ...
, which was the seashore, making Queen's Road the main entrance, in contrast to the current primary access coming from Des Voeux Road).


History


First building

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. In 1864 the lease cost HKD 500 a month. After raising a capital of HKD 5 million, the bank opened its doors in 1865..


Second building

Wardley House was subsequently demolished and replaced by a second HSBC building that was completed in 1886. The main feature of the second building design was the division of the structure into two almost separate buildings. The building on
Queen's Road Central Queen's Road is a collection of roads along the northern coast of Hong Kong Island, in Hong Kong, within the limit of Victoria City. It was the first road in Hong Kong, constructed by the British between 1841 and 1843, spanning across Victoria ...
was in Victorian style with a verandah,
colonnade In classical architecture, a colonnade is a long sequence of columns joined by their entablature, often free-standing, or part of a building. Paired or multiple pairs of columns are normally employed in a colonnade which can be straight or cur ...
s and an octagonal
dome A dome () is an architectural element similar to the hollow upper half of a sphere. There is significant overlap with the term cupola, which may also refer to a dome or a structure on top of a dome. The precise definition of a dome has been a m ...
, whereas an arcade which harmonised with the adjacent buildings was constructed on
Des Voeux Road Des Voeux Road Central and Des Voeux Road West are two roads on the north shore of Hong Kong Island, Hong Kong. They were named after the 10th Governor of Hong Kong, Sir William Des Vœux. The name was sometimes spelt with the ligature œ i ...
. It was designed by Clement Palmer in 1883.


Third building

In 1934, the second building was demolished and a third design was erected. The new building opened in October 1935. Upon completion, the building stood as the tallest building in Hong Kong. The third design used part of the land of the old
City Hall In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administrative building of a city, town, or other municipality. It usually houses ...
, and was built in a mixed Art Deco and Stripped Classical style. During the
Japanese occupation of Hong Kong The Imperial Japanese occupation of Hong Kong began when the Governor of Hong Kong, Sir Mark Young, surrendered the British Crown colony of Hong Kong to the Empire of Japan on 25 December 1941. The surrender occurred after 18 days of fierce ...
, the building served as the government headquarters. It was the first building in Hong Kong to be fully air-conditioned. By the 1970s, the bank had outgrown its headquarters; departments were scattered into offices all over Central, and it was obvious that such a "solution" to the space limitations could not continue indefinitely. In 1978, the bank decided to tear down its headquarters and construct a new, larger headquarters building.


Current building

The new building is a steel suspended structure and was finished on 18 November 1985. At the time, it was the most expensive building in the world (c.a.HK$5.2 billion, roughly US$668 million). The first major addition to the building, designed by Hong Kong's One Space Ltd, was completed on 23 November 2006, in the form of a ground floor lobby that improves security access to the upper floors and creates a prestigious reception area. Its design and construction included the installation of the "Asian Story Wall", a multimedia installation consisting of twin banks of 30 seamless plasma screens (the largest installation of its kind in Hong Kong) displaying archived bank heritage and artworks. The atrium of the HSBC building was the site of the Occupy Hong Kong protests which maintained a presence in the building from 15 October 2011 until their eviction in September 2012.


Design

The new building was designed by the British architect
Norman Foster Norman or Normans may refer to: Ethnic and cultural identity * The Normans, a people partly descended from Norse Vikings who settled in the territory of Normandy in France in the 10th and 11th centuries ** People or things connected with the Nor ...
and civil & structural engineers Ove Arup & Partners with service design by J. Roger Preston & Partners. It was constructed by the John Lok /
Wimpey George Wimpey was a British construction firm. Formed in 1880 and based in Hammersmith, it initially operated largely as a road surfacing contractor. The business was acquired by Godfrey Mitchell in 1919, and he developed it into a constructi ...
Joint Venture. From the concept to completion, it took seven years (1978–1985). The building is 180 metres high with 47 storeys and four basement levels. The building has a modular design consisting of five steel modules, which were prefabricated in the UK by Scott Lithgow Shipbuilders near
Glasgow Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated popu ...
and shipped to Hong Kong. About 30,000 tons of steel and 4,500 tons of aluminium were used. The original design was heavily inspired by the Douglas Gilling designed Qantas International Centre in Sydney (currently known as Suncorp Place). The new lobby and its two-part Asian Story Wall were designed by Greg Pearce, of One Space Limited. Pearce was also the Principal Architect of the
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a List of cities in China, city and Special administrative regions of China, special ...
Airport Express (MTR) The Airport Express is one of the lines of the Hong Kong MTR system. It links the urban area with the Hong Kong International Airport and the AsiaWorld–Expo exhibition and convention centre. It is the only rail link to the airport's termin ...
station. Conceived as a minimalist glass envelope, the new lobby is designed to be deferential to Foster's structure and appears almost to be part of the original. A notable feature is that natural
sunlight Sunlight is a portion of the electromagnetic radiation given off by the Sun, in particular infrared, visible, and ultraviolet light. On Earth, sunlight is scattered and filtered through Earth's atmosphere, and is obvious as daylight when ...
is the major source of lighting inside the building. There is a bank of giant mirrors at the top of the atrium, which can reflect natural sunlight into the atrium and hence down into the plaza. Through the use of natural sunlight, this design helps to conserve energy. Additionally, sun shades are provided on the external facades to block direct sunlight going into the building and to reduce heat gain. Instead of fresh water, sea water is used as coolant for the air-conditioning system. The building is also one of the few to not have lifts as the primary carrier of building traffic. Instead, lifts only stop every few floors, and floors are interconnected by escalators.


Structural features

The main characteristic of HSBC's Hong Kong headquarters is its absence of internal supporting structure. The inverted 'va' segments of the suspension trusses spanning the construction at double-height levels is the most obvious characteristic of the building. It consists of eight groups of four aluminium-clad steel columns which ascend from the foundations up through the core structure, and five levels of triangular suspension trusses which are locked into these masts. All flooring is made from lightweight movable panels, under which lies a comprehensive network of power, telecommunication, and air-conditioning systems. This design was to allow equipment such as computer terminals to be installed quickly and easily. Because of the urgency to finish the project, the construction of the building relied heavily on off-site prefabrication; components were manufactured all over the world. For example, the structural steel came from Britain; the glass, aluminium cladding and flooring came from the United States while the service modules came from Japan.


Feng shui

The early British settlers in Hong Kong had an interest in feng shui; thus, most of the earliest buildings in Hong Kong, and many buildings constructed thereafter, were built with the philosophies of feng shui in mind. The Chinese believe that those who have a direct view of a body of water—whether it is a river, a sea, or an ocean—are more likely to prosper than those who do not (water is strongly associated with wealth in feng shui). The HSBC building has a wide open area (the Statue Square) in front of it, with no other buildings blocking its view of
Victoria Harbour Victoria Harbour is a natural landform harbor, harbour in Hong Kong separating Hong Kong Island in the south from the Kowloon Peninsula to the north. The harbour's deep, sheltered waters and strategic location on South China Sea were instrume ...
; thus, it is considered to have "good feng shui". In the
CBC Television CBC Television (also known as CBC TV) is a Canadian English-language broadcast television network owned by the Canadian Broadcasting Corporation, the national public broadcaster. The network began operations on September 6, 1952. Its French- ...
series Doc Zone episode "Superstitious Minds", Writer, Researcher & Associate Producer Tom Puchniak asserts that the design of the nearby Bank of China Tower ignored feng shui principles, and created instant controversy by evoking two knife edges, one pointing towards the British Government House, another towards the HSBC building. After the Bank of China building opened, a series of mishaps occurred, including the death of the Governor, and a downturn in the city's economy. It is alleged that HSBC installed two maintenance cranes in the shape of cannons on the roof, pointing directly at the Bank of China, to defend against the negative energy from the Bank of China building. According to feng shui master Paul Hung, this solved the problem, and HSBC experienced "no harmful results after that."


Lion statues

When HSBC decided to build its third headquarters at 1 Queen's Road Central, opened in 1935, it commissioned two bronze lions from Shanghai-based British sculptor W W Wagstaff (d 1977, aged 82). This commission was inspired by two earlier lions that had been ordered for the new Shanghai office opened in 1923. Cast by J W Singer & Sons in the English town of
Frome Frome ( ) is a town and civil parish in eastern Somerset, England. The town is built on uneven high ground at the eastern end of the Mendip Hills, and centres on the River Frome. The town, about south of Bath, is the largest in the Mendip d ...
, to a design by Henry Poole RA, these lions had quickly become part of the Shanghai scene, and passers-by would affectionately stroke the lions in the belief that power and money would rub off on them. They became known as Stephen and Stitt: an in-joke. Stephen was named for
A. G. Stephen Alexander Gordon Stephen, JP (14 September 1862 – 27 August 1924) was the chief manager of the Hongkong and Shanghai Banking Corporation. Biography He was born in Banff, Aberdeenshire on 14 September 1862. After he served an apprenticeship at ...
, formerly Manager Shanghai, and in 1923 the Chief Manager of HSBC, and G H Stitt, the then Manager Shanghai. Stephen is depicted roaring, Stitt quiescent, and again insiders said that this represented the characters of these two famous bankers. Wagstaff worked with "Shanghai Arts and Crafts" foreman Chou Yin Hsiang who in an interview with John Loch of HSBC's house magazine "Group News" in June 1977Hongkong Bank Group News June 1977 recalled that when he first joined Arts and Crafts he worked with Wagstaff for two years to make the lions, without having to learn a word of English: Wagstaff spoke perfect Shanghai dialect. Hunch-backed, Wagstaff was nicknamed "Lao Doo Pei", meaning "Old Hunchback". His son, inevitably, was called "Sau Doo Pei"—"Young Hunchback". Wagstaff had two sons—Don, killed in Naval service in the war, and Alex, killed while interned in Shanghai by the Japanese. Chou Yin Hsiang himself came to Hong Kong in 1935, and by 1977, was the proprietor of Jeh Hsing Metal Works—and still casting bronze for HSBC. Like the Shanghai lions, the Hong Kong lions became objects of veneration, and foci of the Bank's perceived excellent feng shui. Young couples still bring their toddlers to stroke the paws and noses of the statues hoping for luck and prosperity. When the 1935 building closed its doors for the last time on 26 June 1981 the Lions had been moved to the annexe on 19 June 1981. Demolition, by China Swiss Engineers, started on 6 July 1981. The lions were temporarily moved on 4 June 1982 to Statue Square, opposite the main entrance. As a mark of the respect the lions were held in, the move to Statue Square, and the move back in 1985, were accompanied by the chairman Sir Michael Sandberg and senior management of the Bank and the placement of the lions both temporarily and in their current locations was made only after extensive consultations with feng shui practitioners. Their 4-year sojourn in the annexe and Statue Square aside, the lions have only left their positions as guardians of the Des Voeux Road entrance of the Bank once: they were confiscated by the Japanese and sent to Japan to be melted down. Luckily the war ended before this could happen, and the lions were recognised by an American sailor in a dockyard in
Osaka is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of ...
in 1945. They were returned a few months later and restored to their original positions in October 1946. The Hong Kong lions are also called Stephen and Stitt, and the Hong Kong Stephen has bullet or shrapnel scars in its left hind-quarters dating from the fighting in the
Battle of Hong Kong The Battle of Hong Kong (8–25 December 1941), also known as the Defence of Hong Kong and the Fall of Hong Kong, was one of the first battles of the Pacific War in World War II. On the same morning as the attack on Pearl Harbor, forces of the ...
. When this pair of lions was used as the model for the pair commissioned for the new UK Headquarters of HSBC in 2002, Zambian-born New Zealand sculptor Mark Kennedy was asked not to reproduce these "war wounds" in the copies as the shrapnel marks were seen as historical battle-scars of sorts. The following is a list of bronze copies and re-casts of the HSBC lions: * In Hong Kong: ** Hong Kong (1935) – modelled on Shanghai originals; sculpted by W W Wagstaff, cast by Shanghai Arts and Crafts. ** Hong Kong (replicas) (2015) – copies of Hong Kong lions; for the celebration of the 150th anniversary of HSBC; placed at the lobby of HSBC Centre, HSBC's back office headquarter in Hong Kong. * In China: ** Shanghai (original) (1923) – sculpted by Henry Poole RA, cast by J W Stinger & Sons. The originals are held by the Shanghai Historic Museum (which currently has no permanent home) and are separately on display at the Museum's display room under the
Oriental Pearl Tower The Oriental Pearl Radio & Television Tower () is a TV tower in Shanghai. Its location at the tip of Lujiazui in the Pudong New Area by the side of Huangpu River, opposite The Bund, makes it a distinct landmark in the area. Its principal desi ...
(Stephen) and the Shanghai Banking Museum (Stitt), both in
Lujiazui Lujiazui, also known under its Shanghainese name Lohkatse (, , lit. meaning " he Lu family's mouth"), is a locality in Shanghai, a peninsula formed by a bend in the Huangpu River. Since the early 1990s, Lujiazui has been developed specifically ...
. ** Shanghai (replicas) (c. 1997) – copies of Shanghai originals, commissioned by the government-owned
Shanghai Pudong Development Bank Shanghai Pudong Development Bank Co. Ltd (SPDB or Pufa; ) is a state-owned joint-stock commercial bank, established in 1993, with its headquarters located in Shanghai. Shanghai Pudong Development Bank issued a 400 million A-share offer on Septemb ...
after it obtained the former HSBC building. ** Shanghai (current) (2010) – copies of Hong Kong lions. * In the United Kingdom **
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
(2001) – copies of Hong Kong lions; cast by Bronze Age Foundry, Limehouse, at the direction of Mark Kennedy. **
Birmingham Birmingham ( ) is a city and metropolitan borough in the metropolitan county of West Midlands in England. It is the second-largest city in the United Kingdom with a population of 1.145 million in the city proper, 2.92 million in the We ...
(2018) – copies of Hong Kong lions. Various other HSBC branches throughout the world feature small-scaled replicas of these originals, with varying degrees of faithfulness. Other HSBC branches often feature guardian lions to different designs, such as
Chinese guardian lions Chinese guardian lions, or imperial guardian lions, are a traditional Chinese architectural ornament, but the origins lie deep in much older Indian Buddhist traditions. Typically made of stone, they are also known as stone lions or shishi () ...
.


Lighting scheme

In 2003, the Hong Kong Tourism Board developed a harbour lighting plan called "
A Symphony of Lights A Symphony of Lights () is a daily light and sound show across the Victoria Harbour in Hong Kong. It is the world's largest permanent light and sound show according to Guinness World Records. As of 2017, there were 42 participating buildings ...
", a large-scale multimedia show featuring lighting, laser, music, and occasionally special pyrotechnics effects during festivals, to promote tourism in Hong Kong. The show was based on the illumination of key buildings on the
Hong Kong Island Hong Kong Island is an island in the southern part of Hong Kong. Known colloquially and on road signs simply as Hong Kong, the island has a population of 1,289,500 and its population density is 16,390/km2, . The island had a population of a ...
side, and was best viewed from the
Kowloon Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and ...
side across the
Victoria Harbour Victoria Harbour is a natural landform harbor, harbour in Hong Kong separating Hong Kong Island in the south from the Kowloon Peninsula to the north. The harbour's deep, sheltered waters and strategic location on South China Sea were instrume ...
. The HSBC Hong Kong headquarters building was one of the participating buildings in the show.


See also

* List of buildings and structures in Hong Kong * Timeline of tallest buildings in Hong Kong *
Economy of Hong Kong The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issue ...
* HSBC Centre in
Tai Kok Tsui Tai Kok Tsui is an area west of Mong Kok in Kowloon, Hong Kong. The mixed land use of industrial and residential is present in the old area. The Cosmopolitan Dock and oil depots were previously located there. Blocks of high-rise residential ...
,
Kowloon Kowloon () is an urban area in Hong Kong comprising the Kowloon Peninsula and New Kowloon. With a population of 2,019,533 and a population density of in 2006, it is the most populous area in Hong Kong, compared with Hong Kong Island and ...


References


External links


The Hongkong and Shanghai Banking Corporation: Unique Headquarters


* ttps://web.archive.org/web/20041031015714/http://www.fosterandpartners.com/InternetSite/html/simple.html Foster and Partners (Official Architect Website)
One Space Limited (New lobby and Asian History Wall architect)

Recent illumination of the HSBC Headquarters Building in Hong Kong
{{DEFAULTSORT:Hsbc Main Building Hong Kong Bank buildings in Hong Kong Central, Hong Kong High-tech architecture HSBC buildings and structures Landmarks in Hong Kong Foster and Partners buildings Office buildings completed in 1985 Skyscraper office buildings in Hong Kong Suspended structures