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

HSBC

.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

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

.css-1pcrwvc{color:#2aa191;}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.

China’s June Gulf crude imports plunge amid slump in demand, higher prices

Chinese imports of liquefied natural gas rose 8.3 per cent year on year in June, while the country purchased nearly 30 per cent more coal in the month.

BrainCo claims mind-to-robot link at China’s World AI Conference

Hangzhou-based firm says users can control robots using only their thoughts via EEG headsets, marking a leap in embodied AI tech.

Mainland funds boost stakes in Hong Kong-listed biotech amid value dislocation

Analysts say valuation of the sector is attractive, with biotech firms trading relatively cheaply.

Europe beckons: can Chinese medical device makers thrive amid trade barriers?

Chinese medical device companies eye Europe for relief from hospital probes at home while navigating protectionism overseas.

‘Good time to enter market’: rebates rise as Hong Kong property demand recovers

Mortgage battle intensifies as lenders raise cash rebates to lure buyers amid Fed rate uncertainty.

Will Hong Kong’s board-lot reform bump HSBC’s share turnover?

The minimum investment of nearly US$8,000 for one of Hongkongers’ favourite stocks is set to drop. The question is how low it will go.

How the RMB Business Facility will help consolidate Hong Kong’s financial role

Quota expanded to 500 billion yuan from Friday, with tenor increased to two to three years, up from one.

China’s Xiaomi gears up for EV sector scrap with new SUVs, extended-range plans

The company’s Sky Nomad SUV announcement is leading analysts to predict the new models will include long-range batteries to stay ahead of rivals.

Macroscope | 3 reasons behind the Japanese yen’s persistent decline

The continued slide in the yen has raised concern, but what happens in the bond market will determine whether the bearishness extends far beyond Japan.

Hong Kong inaugurates trial operation of gold clearing and settlement system

Chief Executive John Lee announces ‘milestone’ for city’s gold trading ecosystem at Hong Kong FIC & Bond Connect Summit.

Global investors load up on yuan for portfolio diversification: HSBC survey

Three quarters of respondents expect to increase yuan allocations over the next one to two years.

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

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