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HSBC CIO Foresees Stability in Chinese Stocks; Innovative Retail Concepts Tested at Train Stations

Willem Sels, Global CIO of HSBC, does not anticipate further sell-off of Chinese stocks, while new retail experiences are being trialed at Esplanade MRT.

  • Willem Sels, Global CIO of HSBC Global Private Banking and Wealth, is not expecting a further sell-off of Chinese stocks.
  • Innovative retail concepts, including virtual shopping assistants and bubble tea made by robots, could soon be implemented at train stations nationwide.
  • A test bed at Esplanade MRT is currently allowing firms to trial these new retail experiences.
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