TOPIC

/ company

HSBC

HSBC is one of the world's largest banking and financial services organisations, serving around 39 million customers across its wealth and personal banking, commercial banking and global banking & markets segments. The bank was established in Hong Kong in 1865 and now operates in 62 countries. In 1993, the lender moved its headquarters to London following its acquisition of Midland Bank in the UK.

CFO / Finance Director

Stuart Gulliver (Group Chief Executive)

Industry

Banking, Financial services

Website

hsbc.com

Headquarters address

8 Canada Square, Canary Wharf, London, United Kingdom

Stock Code

LSE:HSBA
SEHK:0005
NYSE:HSBC (ADR)

Year founded

3 March 1865

Shangri-La Group’s Kuok Hui Kwong (left) and Eileen Gu perform the traditional eye-dotting ceremony. Photo: Jonathan Wong

Hong Kong society

Dragon Boat Festival drums up a buzz as unsettled weather fails to dampen spirits

Thousands flock to waterfronts in Stanley, Aberdeen, Sha Tin and elsewhere as races go ahead day after black rain warnings.

19 Jun 2026 - 10:52PM

Hong Kong property

Hong Kong property sales more measured as interest rate increase looms

19 Jun 2026 - 9:59AM

Banking & finance

Hang Seng Index hits lowest level in a year on rate-rise expectations

18 Jun 2026 - 4:38PMvideocam

US-China relations

Huawei CFO Meng’s admissions can be used against company at criminal trial

The Chinese telecoms executive admitted the firm illegally conducted business in Iran as part of a 2021 deal to dismiss charges she faced.

18 Jun 2026 - 5:17AMvideocam

Huawei Technologies executive Meng Wanzhou speaks at the Mobile World Congress in Shanghai, China, in June 2023. Photo: Reuters

Banking & finance

HSBC China opens doors for mainland investors to global markets

Despite the cross-border trading crackdown, analysts say Beijing will continue to allow investment in overseas markets via legal channels.

17 Jun 2026 - 5:15PM

Banking & finance

HSBC, Hang Seng mobile apps restored after Hong Kong users were locked out

HSBC and Hang Seng Bank at 2.30pm said all mobile banking services have resumed normal after customers were unable to access the mobile apps since 9am.

15 Jun 2026 - 5:14PM

Artificial intelligence

Zhipu vs MiniMax: what’s driving the widening valuation gap in Hong Kong

Zhipu’s valuation now eclipses MiniMax, but looming lock-up tests may unleash volatility in Hong Kong’s AI stocks, analysts say.

9 Jun 2026 - 8:30AM

At the market close on Monday, Zhipu’s market cap stood at HK$585.8 billion, about 2.6 times higher than Minimax’s HK$159.3 billion. Photo: Shutterstock

Banking & finance

Mainlanders can still open bank accounts in Hong Kong despite new rules: HKMA

Some mainlanders have reported having applications to open Hong Kong accounts rejected amid China’s tightening cross-border investment controls.

7 Jun 2026 - 5:21PMvideocam

Semiconductors

Chinese memory makers step up challenge to Korea’s chip champions

CXMT and YMTC are nearing public listings, giving China’s memory-chip sector fresh firepower in its pursuit of Samsung and SK Hynix.

6 Jun 2026 - 1:00PM

Banking & finance

Hong Kong taps group of experts to help rewrite rules for tokenised bonds

HKMA sets up the collective, spanning 21 institutions, in push to expand blockchain-based issuance beyond government pilots.

5 Jun 2026 - 8:45PM

Banking & finance

Hong Kong banks tighten rules in mainland China as Beijing pores over outflows

Some banks are exercising more caution with offshore accounts for their mainland China clients amid tighter investment controls from Beijing.

4 Jun 2026 - 10:35AM

At least one branch of the Bank of East Asia (BEA) in Shanghai has banned mainland Chinese customers from opening Hong Kong bank accounts. Photo: May Tse

Smartphones

Huawei to ship more units as price surges dent China’s smartphone sales: report

As higher memory prices raise costs for China’s handset makers, a research firm predicted Huawei would be the only domestic brand to increase shipments.

3 Jun 2026 - 4:25PM

Robotics

‘Arms race’: why investors can’t let go of robotic hand developers in China

Funding blitzes spotlight the dexterous hand sector, which is focused on the toughest component in humanoid hardware.

30 May 2026 - 2:00PM

Bonds

China’s first green bond sale in Hong Kong aims to raise US$886 million

Country looking to issue offshore sovereign green bonds and tap global capital to invest in green development.

29 May 2026 - 10:03PM

Wind turbines tower above a solar farm near Weifang, Shandong province, Photo: AP

Gold in Hong Kong

Low-cost gold ETF launched as Hong Kong links bullion trading with blockchain

New fund gives retail investors physical gold access from US$45, with tokenised design primed for future trading on regulated platforms.

28 May 2026 - 8:12PM

The launch comes as gold prices fluctuate amid geopolitical tensions and macroeconomic uncertainty. Photo: DPA

Banking & finance

HSBC Hong Kong targets 7.5 million customers, same as city’s population

HSBC Hong Kong sees an increase in international clients coming to city to invest as it becomes a global wealth management hub.

26 May 2026 - 8:00AM

China consumption

China sales hold up as European luxury brands warn of Iran war impact

While LVMH, Hermes and Prada recorded increased sales in Chinese market, Kering reported a decline.

25 May 2026 - 3:00PM

Hong Kong’s Tai Po fire tragedy

Hong Kong banks replace burnt cash from residents of fire-ravaged Wang Fuk Court

Monetary Authority introduced measures last December allowing three note-issuing banks to provide one-stop exchange service for damaged money.

25 May 2026 - 7:37PM

Wang Fuk Court residents return to their flats earlier this month. Photo: Eugene Lee

Banking & finance

Hong Kong banks pour money into wealth centres in pricey premises

HSBC, Standard Chartered and CNCBI splash out on large, harbour-view locations to lure wealthy clients and their fee income.

25 May 2026 - 8:00AM

Business of climate change

Middle East tensions complicate Beijing’s push to curb China solar overcapacity

Energy-security fears are slowing Beijing’s solar capacity cuts, deepening a ‘fight to the death’ among manufacturers trapped in a price war.

24 May 2026 - 9:30AM

Hong Kong stock market

China AI firms Zhipu, MiniMax to join Hong Kong’s Hang Seng Tech Index

Additions to the benchmark Hang Seng Index, meanwhile, increase the number of constituents to 93 as the bourse operator presses ahead with expansion to 100.

22 May 2026 - 10:51PMvideocam

People wait to cross a road in front of a sign showing the Hang Seng Index in Hong Kong on March 4. Photo: AFP

China consumption

HSBC cuts China retail sales forecast by nearly half on property, job pressures

Consumption is facing renewed pressure as a weak labour market and diminishing returns from subsidies cloud outlook, the bank says.

22 May 2026 - 7:17PM

People are seen at a shopping mall in Beijing on May 2. Photo: AFP

Banking & finance

Standard Chartered CEO apologises for ‘lower-value human capital’ remarks

Winters expresses regret for his choice of words describing how AI would replace some workers at the lender.

22 May 2026 - 7:09PM

Hong Kong economy

Hong Kong minister touts gold as ‘bridge between conventional and new finance’

Treasury chief Christopher Hui also says city opted against separate regulatory authority for digital assets to support ‘convergence’.

20 May 2026 - 8:11PM

Banking & finance

HSBC’s CEO says AI will both create and destroy financial industry jobs

Georges Elhedery says HSBC is focused on embracing future challenges, while analysts warn of 7,000 job losses at Standard Chartered by 2030.

20 May 2026 - 6:21PM

HSBC’s Group Chief Executive Georges Elhedery. Photo: Jonathan Wong

Hong Kong courts

Ex-HSBC banker acquitted of assaulting wife amid divorce battle

Magistrate clears Kenneth Tung of charge after finding wife may have tried to frame him to gain advantage in divorce proceedings.

19 May 2026 - 4:49PM

Kenneth Tung leaves Eastern Court after his acquittal. Photo: Brian Wong

Banking & finance

Standard Chartered bets on Hong Kong as it raises long-term earnings goals

Bank refines 2030 profit plans, citing city’s role as a superconnector in wealth and global capital flows, with automation trimming costs.

19 May 2026 - 4:21PM

Hong Kong property

Hong Kong’s first biodiversity loan goes to Henderson Land for Central Yards

Loan from HSBC and Hang Seng Bank, reportedly worth US$12.8 million, enhances city’s stature in sustainable finance, parties say.

13 May 2026 - 5:30PM

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