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

Businessman Jason Poon leaves Kowloon City police station in March. Photo: Jelly Tse

Crime in Hong Kong

Whistle-blower Jason Poon and wife charged over HK$6 million Covid-19 loan fraud

Construction businessman and spouse Chu Shui-fong accused of submitting fake sales and salary records to defraud HSBC under government scheme.

26 Sep 2026 - 12:18AM

Banking & finance

Why Hong Kong banks have shut down 40% of branches in recent years

25 Sep 2026 - 6:01PM

Banking & finance

HSBC, Hang Seng to unify staff benefits in Hong Kong from January, memos reveal

25 Sep 2026 - 2:34PM

Mainland China

PBOC pledges further opening-up to foreign financial institutions

PBOC governor Pan Gongsheng vows to promote ‘high-level financial opening-up’ in meeting with foreign banks and investment firms.

22 Sep 2026 - 3:33PM

The headquarters of the People’s Bank of China in Beijing, September 30, 2022. Photo: Reuters

Banking & finance

Double blow as top HSBC bankers lose education perk as job fears mount: sources

HSBC axes education benefits worth up to HK$300,000 as integration with Hang Seng Bank threatens jobs – but investors stay upbeat.

18 Sep 2026 - 4:55PM

Hong Kong property

Hong Kong property market gets reprieve on rates, for now

Major banks hold rates steady despite Fed action, but some sellers and buyers are already anticipating increases later, agents say.

17 Sep 2026 - 6:35PM

Hong Kong Monetary Authority (HKMA)

In wake of US rate hikes, Hong Kong dollar may come under pressure: HKMA

HSBC and other major banks keep prime rates unchanged after HKMA raises base rate by a quarter-point in lockstep with Fed.

17 Sep 2026 - 5:35PMvideocam

The HKMA office at Two International Finance Centre in Central. Photo: Jelly Tse

John Lee policy address 2026

Hong Kong targets gold trading, FPS-UnionPay link to boost yuan use

‘We will consolidate and enhance Hong Kong’s status as an international financial centre,’ John Lee says.

17 Sep 2026 - 12:23AM

Crime in Hong Kong

Over 700 cardholders report unauthorised iPhone pre-order charges worth HK$14.7m

Some report multiple transactions on their credit cards, while an expert says fraudsters may have exploited pre-order rush for Apple’s new iPhones.

14 Sep 2026 - 5:39PMvideocam

China consumption

Improving migrant workers’ lives key to boosting Chinese consumption: HSBC

Report says reforms aimed at reducing their high precautionary savings rate could unlock US$95 billion a year in spending.

11 Sep 2026 - 2:18PM

Migrant workers at a construction site in Shanghai. Photo: EPA

Education in Hong Kong

Editorial | Hong Kong is building a two-way global education highway

The inaugural Global Education Summit highlighted the city’s efforts to align with the nation’s goals and consolidate its position as a global education and talent hub.

11 Sep 2026 - 7:15AM

Secretary for Education Christine Choi Yuk-lin speaks at the Global Education Summit 2026 at Grand Hyatt in Wan Chai on September 5. Photo: Edmond So

US-China relations

Huawei racketeering trial in US enters second day of testimony

Prosecutors allege a 20-year ‘culture of crime’, while defence says Huawei’s success was built on innovation, not theft.

11 Sep 2026 - 6:30AM

Banking & finance

UBS ends fund sales on a wealth platform in China amid stiff competition

Change is part of ‘business integration plan’ aimed at ‘optimising’ the wealth-management business, Swiss bank says.

10 Sep 2026 - 4:46PM

Z.ai

Are Chinese AI stars Z.ai and MiniMax stuck in losses through 2030?

As both firms mature beyond early growth, an analyst says the industry is looking for a better metric for valuations.

8 Sep 2026 - 5:33PMvideocam

Banking & finance

Chinese firms’ green-tech expansion hinges on Hong Kong: bankers

Offshore yuan liquidity makes city a ‘superconnector’, but finding projects with strong returns is now the challenge, senior bankers say.

7 Sep 2026 - 5:00PM

A view of Hong Kong Island from the waterfront of West Kowloon Cultural District on September 7, 2026. Photo: Sam Tsang

Banking & finance

Transition boost: new platform funds emerging-market clean energy upgrades

World may need up to US$20 trillion over five to eight years to build or upgrade renewable energy facilities, HSBC executive says.

7 Sep 2026 - 2:05PMvideocam

Education in Hong Kong

How can future doctors blend clinical rigour with AI fluency and empathy?

During Global Education Summit, medical leaders say AI won’t replace doctors, but will reward those who ask better questions.

7 Sep 2026 - 10:48AM

Education in Hong Kong

Hong Kong to boost STEAM degrees as city targets two-way global education highway

Inaugural Global Education Summit, co-organised by the SCMP and HSBC Premier, brings together 5,000 policymakers, educators and parents.

6 Sep 2026 - 10:20AMvideocam

(From left) Regina Yeung, head of Rewards, Partnerships & Premier, Retail Banking and Wealth, HSBC Hong Kong, Brian Hui, HSBC chief customer officer, SCMP publisher Tammy Tam, Secretary for Education Christine Choi, Janet Pang, managing director and head of Retail Business, Retail Banking and Wealth, Hong Kong, HSBC, SCMP executive editor Zuraidah Ibrahim, Angela Chan, HSBC Life Hong Kong chief distribution officer, and Ang Jin, chief growth officer at the SCMP, at the opening ceremony of the Global Education Summit 2026. Photo: Edmond So

Banking & finance

Hong Kong regulator reclassifies certain funds with exposure to private markets

The industry has increasingly focused on the risks of what was previously a booming private credit industry.

3 Sep 2026 - 7:12PM

Artificial intelligence

Do Z.ai and MiniMax face different financial fates months after Hong Kong IPOs?

Post-earnings results suggest an emerging divide as differing revenue growth and model capabilities may shape their market standing, analysts say.

3 Sep 2026 - 7:09PMvideocam

Global monetary policy

Macroscope | Asia is not on the edge of a new 1997-style financial crisis

While risks to Asia’s financial stability exist, they have nothing to do with the policy and structural weaknesses behind the 1997 crisis.

3 Sep 2026 - 4:30PMvideocam

A South Korean dealer looks at an electronic signboard showing the benchmark Kospi index at Hana Bank in Seoul, South Korea, on September 2. Photo: EPA

Tencent

How Hy4 preview puts Tencent back in the top tier of open-source AI

On the DeepSWE benchmark, the Hy4 preview scored 64.3, surpassing Alibaba’s Qwen-3.8 Max at 56.6 and DeepSeek-V4 Pro at 62.7.

2 Sep 2026 - 5:37PM

Tencent said the full commercial iteration of the Hy4 series would launch later this year. Photo: Shutterstock

China technology

Global investors flock to China’s Shenzhen to ride wave of AI and robotics

Major banks such as HSBC and UBS host thousands of executives in southern tech hub this week to connect foreign capital with domestic firms.

1 Sep 2026 - 5:00PMvideocam

Hong Kong courts

Couple who survived Tai Po fire await trial for fraud, cannot leave Hong Kong

Wang Fuk Court residents allegedly obtained more than HK$330,000 in government-backed loans by overstating drop in revenue of their business.

1 Sep 2026 - 3:28PM

Hong Kong property

Rate rise expectations mount in Hong Kong following Fed chief’s comments

But property consultancy Knight Frank says likelihood of near-term rise in prime rate by city’s note-issuing banks remains low.

1 Sep 2026 - 1:23PM

Blocks of high-rise flats in Mid-Levels. Photo: Jonathan Wong

Hong Kong stock market

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

1 Sep 2026 - 5:30PMvideocam

Shein Global Holdings employees, including founder Sky Xu (centre, top row) at the listing ceremony in Hong Kong on Tuesday. Photo: Jonathan Wong

China stock market

What’s driving the surge in foreign positions across yuan-traded Chinese stocks?

Foreign exposures to yuan-traded stocks jump by a third, with QFII data showing holdings surging to more than US$40 billion.

1 Sep 2026 - 12:41PMvideocam

China food security

China passes first law on farmland protection and improvement

Law orders provincial-level governments to ensure that total amount of arable land does not decrease.

31 Aug 2026 - 5:08PMvideocam

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HSBC

Whistle-blower Jason Poon and wife charged over HK$6 million Covid-19 loan fraud

Construction businessman and spouse Chu Shui-fong accused of submitting fake sales and salary records to defraud HSBC under government scheme.

Why Hong Kong banks have shut down 40% of branches in recent years

HSBC, Hang Seng to unify staff benefits in Hong Kong from January, memos reveal

PBOC pledges further opening-up to foreign financial institutions

PBOC governor Pan Gongsheng vows to promote ‘high-level financial opening-up’ in meeting with foreign banks and investment firms.

Double blow as top HSBC bankers lose education perk as job fears mount: sources

HSBC axes education benefits worth up to HK$300,000 as integration with Hang Seng Bank threatens jobs – but investors stay upbeat.

Hong Kong property market gets reprieve on rates, for now

Major banks hold rates steady despite Fed action, but some sellers and buyers are already anticipating increases later, agents say.

In wake of US rate hikes, Hong Kong dollar may come under pressure: HKMA

HSBC and other major banks keep prime rates unchanged after HKMA raises base rate by a quarter-point in lockstep with Fed.

Hong Kong targets gold trading, FPS-UnionPay link to boost yuan use

‘We will consolidate and enhance Hong Kong’s status as an international financial centre,’ John Lee says.

Over 700 cardholders report unauthorised iPhone pre-order charges worth HK$14.7m

Some report multiple transactions on their credit cards, while an expert says fraudsters may have exploited pre-order rush for Apple’s new iPhones.

Improving migrant workers’ lives key to boosting Chinese consumption: HSBC

Report says reforms aimed at reducing their high precautionary savings rate could unlock US$95 billion a year in spending.

.css-1pcrwvc{color:#2aa191;}Editorial | Hong Kong is building a two-way global education highway

The inaugural Global Education Summit highlighted the city’s efforts to align with the nation’s goals and consolidate its position as a global education and talent hub.

Huawei racketeering trial in US enters second day of testimony

Prosecutors allege a 20-year ‘culture of crime’, while defence says Huawei’s success was built on innovation, not theft.

UBS ends fund sales on a wealth platform in China amid stiff competition

Change is part of ‘business integration plan’ aimed at ‘optimising’ the wealth-management business, Swiss bank says.

Are Chinese AI stars Z.ai and MiniMax stuck in losses through 2030?

As both firms mature beyond early growth, an analyst says the industry is looking for a better metric for valuations.

Chinese firms’ green-tech expansion hinges on Hong Kong: bankers

Offshore yuan liquidity makes city a ‘superconnector’, but finding projects with strong returns is now the challenge, senior bankers say.

Transition boost: new platform funds emerging-market clean energy upgrades

World may need up to US$20 trillion over five to eight years to build or upgrade renewable energy facilities, HSBC executive says.

How can future doctors blend clinical rigour with AI fluency and empathy?

During Global Education Summit, medical leaders say AI won’t replace doctors, but will reward those who ask better questions.

Hong Kong to boost STEAM degrees as city targets two-way global education highway

Inaugural Global Education Summit, co-organised by the SCMP and HSBC Premier, brings together 5,000 policymakers, educators and parents.

Hong Kong regulator reclassifies certain funds with exposure to private markets

The industry has increasingly focused on the risks of what was previously a booming private credit industry.

Do Z.ai and MiniMax face different financial fates months after Hong Kong IPOs?

Post-earnings results suggest an emerging divide as differing revenue growth and model capabilities may shape their market standing, analysts say.

Macroscope | Asia is not on the edge of a new 1997-style financial crisis

While risks to Asia’s financial stability exist, they have nothing to do with the policy and structural weaknesses behind the 1997 crisis.

How Hy4 preview puts Tencent back in the top tier of open-source AI

On the DeepSWE benchmark, the Hy4 preview scored 64.3, surpassing Alibaba’s Qwen-3.8 Max at 56.6 and DeepSeek-V4 Pro at 62.7.

Global investors flock to China’s Shenzhen to ride wave of AI and robotics

Major banks such as HSBC and UBS host thousands of executives in southern tech hub this week to connect foreign capital with domestic firms.

Couple who survived Tai Po fire await trial for fraud, cannot leave Hong Kong

Wang Fuk Court residents allegedly obtained more than HK$330,000 in government-backed loans by overstating drop in revenue of their business.

Rate rise expectations mount in Hong Kong following Fed chief’s comments

But property consultancy Knight Frank says likelihood of near-term rise in prime rate by city’s note-issuing banks remains low.

Shein shares recover after 10% drop on Hong Kong debut

The fast-fashion retailer sold 280 million shares at HK$48.56 each, according to an exchange filing Monday.

What’s driving the surge in foreign positions across yuan-traded Chinese stocks?

Foreign exposures to yuan-traded stocks jump by a third, with QFII data showing holdings surging to more than US$40 billion.

China passes first law on farmland protection and improvement

Law orders provincial-level governments to ensure that total amount of arable land does not decrease.

Editorial | Hong Kong is building a two-way global education highway