On November 27, Glonghui reported that the General Court of the European Union rejected hsbc holdings' appeal against the fine related to the manipulation of the Euro Interbank Offered Rate (Euribor), allowing hsbc to appeal to the European Court of Justice. In 2016, EU judges overturned a fine of 34 million euros imposed on hsbc due to procedural issues. However, in 2021, it was ruled again that hsbc needs to pay nearly 32 million euros in fines because the group was found to have illegally participated in manipulating Euribor. Subsequently, hsbc appealed against the fine, but the recent decision of the General Court of the EU upheld the original ruling.