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| 正面描述 | Red and orange tones dominate the face, with a fine guilloche underprint across the entire field. The Hong Kong coat of arms appears as a central vignette to the left, flanked by the denomination numeral '100' in the upper corners. The issuer's name is inscribed in both Chinese and English along the top, with the promise-to-pay text, date, and General Manager's signature occupying the central register; a blank watermark window is positioned to the right. |
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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | The reverse is printed in bronze and brown tones, centred on the HSBC headquarters building in Hong Kong flanked by the corporation's iconic bronze lion statues. The Tiger Balm Garden pagoda is visible at the right, and the denomination appears in both Western numerals and Chinese characters. |
| 背面铭文 | 登录 以查看详情 |
| 签名 | 登录 以查看详情 |
| 防伪类型 | 登录 以查看详情 |
| 防伪描述 | 登录 以查看详情 |
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| 备注 |
HSBC's high-denomination series from this period was printed by De La Rue under a long-running contract that dated back decades, though the relationship was not exclusive — the bank also used Bradbury Wilkinson for other series. The 1985–1992 date span covers a politically charged stretch for Hong Kong, with the 1984 Sino-British Joint Declaration having just formalized the 1997 handover timetable. Whether that uncertainty affected note hoarding behavior is difficult to prove, but high-denomination HSBC paper from this window does turn up in uncirculated condition at a higher rate than earlier decades.
The watermark is the primary security feature — modest by the standards De La Rue was applying to other clients by the late 1980s.