Still looking up: why HSBC Main Building remains a Hong Kong icon

The site itself had long been bound up with HSBC’s identity. The bank opened for business there in 1864 in Wardley House. A purpose-built banking building followed in 1886, designed by Clement Palmer. Then came the 1935 building by Palmer & Turner, with a steel frame, air conditioning, fast lifts and a tower that made it one of the most advanced buildings in Asia at the time. That earlier Main Building was so closely associated with the bank that it appeared on its banknotes. Foster, then, was not being asked to place a new office block on an empty plot. He was being asked to replace one of Hong Kong’s best-known commercial buildings on one of its most charged sites.

By the late 1970s, however, change had become unavoidable. HSBC had grown so quickly and banking operations had become more complex that the old building no longer accommodated the demands being placed on it. In 1979, seven international firms were invited to enter a competition for a new project. The ambition was put with unusual directness – what the bank envisioned was the world-class banking building.

How Foster approached the commission

Foster approached the task with uncommon thoroughness. While rival architects left Hong Kong soon after the briefing, he stayed with Wendy Foster and Spencer de Grey for nearly three weeks. They examined the site, interviewed department heads, studied workflows and tried to understand the institution from within. That effort mattered and paid off. Foster did not treat the commission as a matter of appearance alone; he wanted to know how the bank functioned, how people moved through it, and what sort of office building would suit Hong Kong rather than merely occupy it.

He also spent time observing the city itself. Foster was struck by older Hong Kong buildings that responded to climate through shade, recesses and deep overhangs. He noticed colour, harbour light, density and the way public movement worked at street level. Those impressions fed into a design that was not simply imported from London. For all its advanced engineering, the building was informed by close observation of Hong Kong’s weather, congestion and street life.

A radical idea takes shape

That helps explain why the building still feels fresh in Hongkongers’ collective memory. Technically it was daring. Eight steel masts carried a series of suspension trusses. Major components were prefabricated to exact tolerances before being assembled in Hong Kong. Foster later described the internal arrangement as a series of social clusters, as if vertical villages connected by escalators and lifts.

For architects and engineers, these qualities have long made the building an object of study. Nonetheless, its hold on Hong Kong comes from something more immediate. The fourth-generation HSBC Main Building feels memorable because people experience it bodily: the long escalators rising through the banking hall, the underside of the suspended structure, the light falling into the atrium, the sense of upward movement and openness. It was designed as a place to move through, look up at and remember.

Room given back to the city

One of the building’s most incredible features remains the space beneath it. In Central, where every square foot carries value, the decision to open the ground level to the public still feels generous. Over the years the plaza has served as a shortcut, a meeting point, a Sunday gathering place and a setting for public life in a district where open space is scarce. Foster spoke of making room for the city beneath the bank. That decision gave the building a civic quality rare for a financial institution.

That’s one reason the building never reads as remote, however stunning it may be. It participates in the life around it. It allows the street to pass through. In a city of towers, that remains one of its most generous gestures.

The lions return

The return of the bronze lions in June 1985 reinforced that continuity. During redevelopment they had been removed, but their reinstatement mattered deeply. HSBC’s identity had long been carried through symbols people knew at a glance, and none were more cherished than Stephen and Stitt. Their presence brought together the old banking buildings and the new one, pairing the bold engineering of Foster’s design with a much older public affection.

For many Hongkongers, that bond is what gives the building its emotional charge. Architects may admire its exposed structure and construction logic. Historians may place it within the high-tech movement. Bankers may see it as a declaration of confidence at a defining moment in Hong Kong’s history. Many people, however, have come to know it more simply, as a familiar landmark that still manages to feel slightly improbable.

Why the building remains a Hong Kong icon

That is why Foster’s visit was so apt. It invited Hong Kong to look again at a building that has never been merely an office building. Forty years on, the fourth-generation HSBC Main Building remains rare in one respect. It is a major corporate building that many of us do not just pass or photograph; we use it, we remember it, and we recognise it as an inseparable part of our home city.

This year, the HSBC Main Building underwent a striking transformation with the launch of its new light show series, “1QRC”, commemorating the 40-year legacy of the fourth-generation HSBC Main Building at 1 Queen’s Road Central. Debuting on 7 April, the light show will continue to illuminate the building’s iconic façade, marking a new chapter in its story and drawing renewed attention to this historic landmark.

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The HSBC Main Building glows during a celebratory light show to mark its 40th anniversary and the start of a new chapter.

The HSBC Main Building glows during a celebratory light show to mark its 40th anniversary and the start of a new chapter.