HSBC denies Chinese state media claims that it was 'setting traps to ensnare Huawei'
In its response, HSBC said it was not involved in the U.S. decision to charge Huawei or to request Meng's arrest in Canada.
Huawei declined to comment for this story, referring CNN Business to the legal documents made public last week.putting HSBC in a tough spot. The bank, which began life as the Hongkong and Shanghai Banking Corporation, makes most of its money in Asia, even though its global headquarters is in the United Kingdom.
In its weekend statement, HSBC highlighted its decades-long support of China's economic and social development.
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