HSBC, Standard Chartered shares rise in Hong Kong after backing China security law
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HONG KONG (Reuters) - Hong Kong-listed shares of HSBC and Standard Chartered rose on Thursday after the banks backed China's imposition of a national security law on the city, even as a pro-democracy and newly formed financial workers' union criticized the move. Some staff at the Asia-focussed British banks and analysts said HSBC and Standard Chartered's stance on the law would help them protect their businesses in their single most important market of Hong Kong.HSBC shares were up 1.6% at..