Court denies Selina Kwok’s “helpless housewife” US$10 million claim against HSBC Private Bank

22 June 2012 | 2 minutes read

Selina Kwok Wai-hing, daughter of late Hong Kong Exchange and Clearing chairman, Mickey Mok Ying-kie, lost her HK$81 million (US$10 million) law suit against HSBC Private Bank yesterday for allegedly being misled into buying complex high-risk financial products. The Court of First Instance ruled that Kwok, 63, was responsible for the risks she willingly took when buying accumulators and equity-linked notes…

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