Hong Kong Biz Bank Account

[Joji M.]

Hi all,

My partner and I are starting real estate fund in Hong Kong (HK) and applied for a bank account there. We operate in the US.

Many people told us opening a business bank account in HK would be the most challenge we gonna face starting a business in HK and it seems true. We already got declined our application from two of the local banks, including HSBC.

Anyone had similar challenge in Hong Kong and any advise as to how to go about from here?

thank you

Joji