• HSBC mulls pull-out from flagship Shanghai WGC event

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    SINGAPORE: HSBC is considering ending its sponsorship of its flagship golf tournament, the WGC-HSBC Champions in Shanghai, as the contract expires this year, a senior official told AFP. HSBC global head of sponsorship Giles Morgan said the British bank was currently evaluating its association with the $8.5 million event, one of four World Golf Championships (WGC) held worldwide.

    AFP

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