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

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A view of the HSBC Building in Central, Hong Kong. Photo: Karma Lo

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Retail use of the regulated cryptocurrency is expected as early as the end of the year, according to Anchorpoint Financial. Photo: Shutterstock Images

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A suburban housing estate in Australia. HSBC has agreed to sell a US$25 billion Australian home loan portfolio to a unit of Blackstone, resulting in an immaterial pre-tax loss of less than US$100 million. Photo: Shutterstock

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Letters | Moving out of Hong Kong would be a bad idea for HSBC and StanChart

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Crime in Hong Kong

ICAC charges 3 former HSBC managers over accepting bribes to fast-track accounts

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Chinese tech giants and frontier AI labs are locked in a parallel race, escalating capital expenditure to match US and domestic rivals.

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Alibaba Cloud signage is pictured during a tour at the Alibaba office in Beijing on April 1, 2026. Photo: AFP

Banking & finance

HKMA warns of interest-rate risk as traders bet on September rate rise

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30 Jul 2026 - 5:34PM

The Hong Kong Monetary Authority at the International Financial Centre Building in Central, Hong Kong. Photo: Shutterstock

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29 Jul 2026 - 7:00PM

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Aileen Taylor is set to move to the city as the bank focuses on tapping Asian growth markets and rebuilding its local investment banking team.

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Banking & finance

Shifting priorities: how affluent buyers fuel Hong Kong’s record insurance sales

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A sales agent promotes insurance policies to tourists in Tsim Sha Tsui, Hong Kong. Photo: Eugene Lee

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WuXi AppTec was expected to release its half-year earnings results on August 3. Photo: Handout

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HSBC

Top Alibaba executives purchase US$15m in shares following landmark AI placement

The personal investments from Joe Tsai and Eddie Wu follow firm’s 710 million share sale, one of China’s largest AI fundraising efforts.

Shein seeks to raise up to US$1.76 billion in Hong Kong IPO

MTR Corp senior manager conned out of HK$74m by fraudster posing as HSBC UK staff

Hang Seng Index adds major Chinese chipmaker as tech pivot continues

Hong Kong’s bellwether stock index has added two new companies including contract chipmaker Hua Hong Grace Semiconductor.

Goldman Sachs upbeat on wealth outlook despite worries over China’s tax scrutiny

Robust fee growth tipped for Hong Kong, Singapore banks as mainland Chinese clients’ offshore allocations driven by diversification: report.

China’s first‑tier new home prices flat in July, ending 4‑month rebound

Top cities in China see flat readings last month, ending a streak of improvement in the struggling housing market.

To rent or not to rent? That is the question for Hong Kong homebuyers

Rising residential rents and the looming shadow of interest rate increases have the city’s homebuyers trying to balance out the risks.

Rebound in China luxury home sales divorced from rest of market: analysts

Data from a real estate consultancy shows 38 per cent rise in sales of homes priced between 30 million and 50 million yuan in first half.

.css-1pcrwvc{color:#2aa191;}Opinion | Beijing’s offshore insurance tax tests Hong Kong wealth management

While markets initially fell, more transparent cross-border oversight could strengthen the city’s credibility as a wealth management centre.

HSBC reshuffles insurance division after CEO’s surprise departure: internal memo

Two Asia-based executives will replace outgoing global insurance CEO Edward Moncreiffe, who has resigned, according to a company document.

Hong Kong stablecoin list expands with Standard Chartered-led firm’s launch

Anchorpoint Financial kicks off institutional use of its Hong Kong dollar-linked stablecoin, HKDAP.

.css-1f6sr3w{color:#727272;}In Focus | Beijing hits super-rich with 20% offshore tax. What does it mean for Hong Kong?

For decades, Hong Kong has prospered by managing the wealth of Asia’s elite. Will that change as China introduces tougher offshore tax policies?

Don’t panic: China says 20% offshore insurance tax does not target Hong Kong

Beijing urged the market not to overreact to the policy – which it stressed was not new – after reports of the tax triggered a sell-off in Hong Kong.

Hong Kong raises Silver Bonds coupon rate to 4.25% for latest batch

The city plans to issue up to HK$50 billion of Silver Bonds next month, with the higher rate intended to pre-empt a rise in US interest rates.

Macroscope | US efforts to prop up the yen risk doing more harm than good

Reversing the yen’s long-term decline ultimately rests on Japan’s ability to take its real interest rates out of negative territory – without triggering market panic.

As Hong Kong shares react to 20% levy report, investors eye Beijing’s next steps

Prudential, AIA and HSBC slid following report of the insurance levy, though Goldman Sachs says profit fallout may be limited.

HSBC share price drops following lower-than-expected US$1 billion buy-back

The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.

HSBC sells US$25 billion of Australian home loans to Blackstone

The remainder of HSBC Australia’s retail business will be wound down in a phased manner over the next 18 months.

Letters | Moving out of Hong Kong would be a bad idea for HSBC and StanChart

Readers discuss a proposal that two of Hong Kong’s note-issuing banks should relocate, and employment protections in the digital age.

ICAC charges 3 former HSBC managers over accepting bribes to fast-track accounts

Hong Kong corruption watchdog alleges managers at Causeway Bay branch took bribes to help customers jump the queue and open bank accounts.

As AI spending soars, can China’s tech giants deliver long-term profits?

Chinese tech giants and frontier AI labs are locked in a parallel race, escalating capital expenditure to match US and domestic rivals.

HKMA warns of interest-rate risk as traders bet on September rate rise

HSBC, Standard Chartered, Bank of China (Hong Kong) keep their prime and savings rates unchanged, mirroring HKMA’s decision to hold steady.

Hong Kong Sevens dates released, world championship to again start in city

World Rugby hails record attendance and says SVNS World Championship will take place at Kai Tak Stadium from April 9 to 11.

HSBC to relocate senior executive to Hong Kong amid pivot to Asia: sources

Aileen Taylor is set to move to the city as the bank focuses on tapping Asian growth markets and rebuilding its local investment banking team.

Shifting priorities: how affluent buyers fuel Hong Kong’s record insurance sales

Mainland China and overseas wealth, alongside family offices, is driving insurance demand in the city to new highs.

As weight-loss drug orders surge, global funds pile into China’s WuXi AppTec

Pharmaceutical contractor’s GLP-1 programmes and surging stock gains have made it a magnet for global investors.

HSBC agrees to US$2 billion deal to sell Singapore insurance branch to Allianz

Allianz is set to buy the bank’s Singapore insurance arm, entering a 15-year distribution pact as HSBC streamlines its global operations.

What are ‘climate black swan’ events, and why are global investors so worried?

As the threat of a super El Nino disrupts Asia’s food market, global banks warn investors to prepare for sudden, unexpected climate shifts.

Opinion | Beijing’s offshore insurance tax tests Hong Kong wealth management

In Focus | Beijing hits super-rich with 20% offshore tax. What does it mean for Hong Kong?