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

Workers inspecting solar panels on the rooftop of a power plant in Fuzhou, Fujian province. Photo: AFP

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

22 May 2026 - 10:51PMvideocam

China consumption

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

22 May 2026 - 7:17PM

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

Standard Chartered CEO Bill Winters. Photo: Jonathan Wong

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

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

China shipbuilding

The US tried to rein in China’s shipyards. Now, they are even more dominant

China’s shipyards secured a staggering 85 per cent of global orders in the first quarter, as demand for oil tankers surges amid the Iran war.

11 May 2026 - 10:30PMvideocam

Workers build large vessels at the Jinling Shipyard in Nanjing, capital of China’s eastern Jiangsu province. Photo: AFP

Banking & finance

HSBC profit flat as Middle East provisions offset wealth growth

HSBC stock slides 5.2 per cent as higher credit charges linked to Middle East uncertainty and UK exposure offset wealth business growth.

5 May 2026 - 6:23PM

HSBC’s first-quarter pre-tax profit fell 1 per cent to US$9.38 billion, below the consensus forecast of US$9.59 billion. Photo: Karma Lo

Banking & finance

OCBC acquires HSBC’s retail and wealth management operations in Indonesia

The move will add 336,000 customers and US$5.17 billion in assets under management to OCBC Indonesia.

5 May 2026 - 8:07PMvideocam

Banking & finance

Gold, cruises and Dior: Hong Kong lenders aim to entice mainland China visitors

With 980,000 visitors from the mainland expected during golden week, Hong Kong lenders line up incentives to capture wealthy customers.

1 May 2026 - 6:21PM

China stock market

Chinese property stocks primed for comeback as industry shows signs of turning

Early signs of a recovery present a buying opportunity for property stocks, which have been under pressure since home prices peaked in 2021.

1 May 2026 - 12:30PM

Property models are displayed at the China International Fair for Trade in Services in Beijing on September 14, 2025. Photo: VCG via Getty Images

Cryptocurrency

Hong Kong a key global hub for USDC cross-border payments: Circle CEO

Circle recently announced a partnership with Hong Kong-listed OSL Group to expand USDC offerings in the city.

1 May 2026 - 8:30AM

Circle hopes to see USDC approved as a foreign stablecoin in Hong Kong. Photo: Shutterstock Images

China property

China’s top tech hub Shenzhen eases homebuying curbs, raises loan caps

Non-local residents with valid residence permits can buy homes in Futian, Nanshan and Xinan.

30 Apr 2026 - 5:52PM

LIV Golf

LIV maps out future without Saudi funding, eyes change in strategic approach

Saudi Arabia backers say supporting league long term is ‘no longer consistent with the current phase’ of its investment strategy.

30 Apr 2026 - 10:18PM

Interest rates

HKMA warns of interest-rate uncertainty as Fed’s trajectory remains unclear

HSBC, Standard Chartered and Bank of China (Hong Kong) keep their prime and savings rates unchanged.

30 Apr 2026 - 7:13PMvideocam

The Hong Kong Monetary Authority maintained the city’s base rate at 4 per cent on Thursday. Photo: Jonathan Wong

Banking & finance

Airport Authority issues record HK$19b in bonds amid strong investor demand

Investor participation was predominantly local, with more than 90 per cent from Hong Kong, according to joint bookrunner HSBC.

29 Apr 2026 - 7:31PM

Hong Kong economy

Letters | As data leaks surge, Hong Kong needs to mandate reporting

Readers discuss why the city should require data breaches to be reported, whether more rubbish bins are a solution to littering, and an iconic skyscraper.

29 Apr 2026 - 11:30AM

Family offices

How the Middle East war is boosting family offices, private banking in Hong Kong

Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking.

27 Apr 2026 - 8:00AM

Hong Kong was the world’s top initial public offering market in the first quarter, after reclaiming the title last year for the first time since 2019. Photo: Dickson Lee

China property

Why Shenzhen may be first to climb out of China’s property slump

Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point.

26 Apr 2026 - 12:00PM

Shenzhen’s residential inventory has fallen to a seven-year low, putting it ahead of other first-tier Chinese cities in clearing excess housing stock. Photo: Getty Images

Banking & finance

Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

Industry wrote US$42.2 billion in new life policies last year, ‘capturing both onshore and offshore demand across Asia’, HSBC Life CEO says.

24 Apr 2026 - 9:00PM

China stock market

Asian, emerging-market funds rotate into China and Taiwan stocks: HSBC

Fund managers shift focus to Chinese and Taiwanese stocks, while reducing exposure to South Korea amid global market turbulence.

23 Apr 2026 - 7:00AM

Hong Kong economy

Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money

Hong Kong is building a bank-led digital money system, not a cryptocurrency free-for-all.

23 Apr 2026 - 8:26AMvideocam

Bank and commercial buildings dot the skyline in Hong Kong’s Central business district in 2020. Photo: Sun Yeung

China exports

How a Chinese plastics hub shapes Tesla’s supply chain – and moulds the modern world

From car components to keyboards, this little-known industrial district in eastern China is crafting the small parts the world relies on.

23 Apr 2026 - 6:54AMvideocam

China’s private sector

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

22 Apr 2026 - 4:15PM

Banking & finance

No records, no role: HSBC, StanChart reject Iran-linked money laundering claim

HSBC chairman Brendan Nelson says bank is not a party to alleged Iran-linked case and holds no records, as US court seeks information.

22 Apr 2026 - 9:37AM

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HSBC

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.

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

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

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.

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’.

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.

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.

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.

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.

The US tried to rein in China’s shipyards. Now, they are even more dominant

China’s shipyards secured a staggering 85 per cent of global orders in the first quarter, as demand for oil tankers surges amid the Iran war.

HSBC profit flat as Middle East provisions offset wealth growth

HSBC stock slides 5.2 per cent as higher credit charges linked to Middle East uncertainty and UK exposure offset wealth business growth.

OCBC acquires HSBC’s retail and wealth management operations in Indonesia

The move will add 336,000 customers and US$5.17 billion in assets under management to OCBC Indonesia.

Gold, cruises and Dior: Hong Kong lenders aim to entice mainland China visitors

With 980,000 visitors from the mainland expected during golden week, Hong Kong lenders line up incentives to capture wealthy customers.

Chinese property stocks primed for comeback as industry shows signs of turning

Early signs of a recovery present a buying opportunity for property stocks, which have been under pressure since home prices peaked in 2021.

Hong Kong a key global hub for USDC cross-border payments: Circle CEO

Circle recently announced a partnership with Hong Kong-listed OSL Group to expand USDC offerings in the city.

China’s top tech hub Shenzhen eases homebuying curbs, raises loan caps

Non-local residents with valid residence permits can buy homes in Futian, Nanshan and Xinan.

LIV maps out future without Saudi funding, eyes change in strategic approach

Saudi Arabia backers say supporting league long term is ‘no longer consistent with the current phase’ of its investment strategy.

HKMA warns of interest-rate uncertainty as Fed’s trajectory remains unclear

HSBC, Standard Chartered and Bank of China (Hong Kong) keep their prime and savings rates unchanged.

Airport Authority issues record HK$19b in bonds amid strong investor demand

Investor participation was predominantly local, with more than 90 per cent from Hong Kong, according to joint bookrunner HSBC.

.css-19im5qg{color:#c79a00;}Letters | As data leaks surge, Hong Kong needs to mandate reporting

Readers discuss why the city should require data breaches to be reported, whether more rubbish bins are a solution to littering, and an iconic skyscraper.

How the Middle East war is boosting family offices, private banking in Hong Kong

Conflict prompts rich investors to diversify, boosting Hong Kong’s role as a hub for family offices and private banking.

Why Shenzhen may be first to climb out of China’s property slump

Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point.

Life insurance sales in Hong Kong hit record amid ‘rise of millionaires’

Industry wrote US$42.2 billion in new life policies last year, ‘capturing both onshore and offshore demand across Asia’, HSBC Life CEO says.

Asian, emerging-market funds rotate into China and Taiwan stocks: HSBC

Fund managers shift focus to Chinese and Taiwanese stocks, while reducing exposure to South Korea amid global market turbulence.

.css-1pcrwvc{color:#2aa191;}Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money

Hong Kong is building a bank-led digital money system, not a cryptocurrency free-for-all.

How a Chinese plastics hub shapes Tesla’s supply chain – and moulds the modern world

From car components to keyboards, this little-known industrial district in eastern China is crafting the small parts the world relies on.

How China’s ‘landmark’ drug pricing guidelines could be a boon for biotech

State Council calls for ‘value-based pricing’ for innovative drugs, a move researchers said would benefit private healthcare players.

No records, no role: HSBC, StanChart reject Iran-linked money laundering claim

HSBC chairman Brendan Nelson says bank is not a party to alleged Iran-linked case and holds no records, as US court seeks information.

Letters | As data leaks surge, Hong Kong needs to mandate reporting

Opinion | Hong Kong’s stablecoin roll-out puts banks at the centre of digital money