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

The awarding of stablecoin issuer licences marks the city’s latest step towards embracing cryptocurrency’s most-traded cash substitute. Photo: Reuters

Fintech

HSBC, StanChart-led group among first to get stablecoin licences in Hong Kong

HSBC will launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.

10 Apr 2026 - 9:10PMvideocam

Artificial intelligence

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

9 Apr 2026 - 8:30PM

Hong Kong China Rugby

Hong Kong 7s coach’s Olympics ‘desire’, but first eyes Kai Tak, Asian Games joy

8 Apr 2026 - 9:09PM

Hong Kong society

On This Day | HSBC’s HK$5 billion headquarters opens in Hong Kong in 1986 – SCMP archive

When it opened 40 years ago, the bank’s new headquarters was the most expensive building in the world.

8 Apr 2026 - 5:30PM

The new HSBC building on the evening of its official opening on April 7, 1986. Photo: SCMP

IPO

China’s Sigenergy Technology seeks US$561.6 million from Hong Kong IPO

The Shanghai-based energy storage systems provider is selling 13.57 million shares at HK$324.20 each.

8 Apr 2026 - 2:48PM

Banking & finance

Editorial | Stablecoin launch delay shows Hong Kong would rather be safe than sorry

Given the complexity involved, it’s wise not to rush to meet any self-imposed deadline but to make sure a good framework is in place first.

6 Apr 2026 - 7:15AM

China consumption

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

5 Apr 2026 - 6:00PM

A huge, ship-shaped Louis Vuitton cultural and retail landmark is seen in Shanghai. China’s luxury spending is expected to help drive a global rebound this year. Photo: Getty Images

Editor's Letter

This week in PostMag: the HSBC Main Building turns 40, the Hong Kong Sevens and new beginnings

Our latest issue celebrates two key anniversaries - 40 for the HSBC Main Building and 50 for the Hong Kong Sevens - and new beginnings.

5 Apr 2026 - 12:59PM

Banking & finance

Manulife, HSBC, Barclays lead big finance firms’ AI adoption in Hong Kong

Financial Secretary Paul Chan Mo-po launched an AI+ strategy in this year’s budget speech to promote AI applications in the banking sector.

3 Apr 2026 - 5:00PM

Architecture and design

The building that rewrote architecture – 40 years ago

The architect whose creation defied convention and the photographer who shot it share their thoughts on an inside-out marvel.

3 Apr 2026 - 4:00PM

The summit of Norman Foster’s HSBC Main Building in relief against The Peak, 1986. Photo: Ian Lambot

China energy security

Chinese airline regulator faces dilemma as Iran war sends fuel costs soaring

Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.

2 Apr 2026 - 6:00AM

A China Eastern Airlines plane takes off from Shanghai Hongqiao International Airport. Photo: Xinhua

Business of climate change

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

1 Apr 2026 - 3:00PM

Banking & finance

Hong Kong’s anticipated stablecoin licence by end-March does not materialise

Analysts say the delay is most likely administrative and that the overall plan is still on track.

1 Apr 2026 - 8:30AMvideocam

Banking & finance

Exclusive | HKU kicks off roadshow for US$385 million bond to back Northern Metropolis plan

Roadshows arranged by bankers including HSBC Holdings will draw banks, insurers, pension funds and asset managers in the coming days.

31 Mar 2026 - 9:17AM

The University of Hong Kong (HKU) is targeting proceeds of between HK$2 billion and HK$3 billion as part of the proposed bond deal. Photo: Dickson Lee

Banking & finance

BOCHK reports 5% net profit growth for 2025 on bad debt exposure

BOCHK’s real estate loans were mainly to state-backed enterprises including Vanke, the latest mainland developer to come under pressure.

30 Mar 2026 - 7:39PM

The headquarters of Bank of China (Hong Kong) in Central, April 26, 2021. Photo: Sam Tsang

Britain

UK’s PM Starmer to host industry leaders for Middle East war talks on Monday

Participants at the talks will include government and military officials alongside energy, shipping, finance and insurance sector leaders.

30 Mar 2026 - 5:52AMvideocam

China property

Rising second-hand home sales offer signs China’s property slump is bottoming out

Increased resale activity, driven by first-time buyers and policy support, is fuelling hopes that China’s property market may be stabilising.

29 Mar 2026 - 2:00PM

China exports

The Iran war could widen China’s EV lead over its global rivals. Here’s why

The ‘eye-watering’ surge in oil prices may push consumers around the world to switch to electric cars, boosting Chinese brands, analysts say.

24 Mar 2026 - 10:50AMvideocam

Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua

Hong Kong China Rugby

Hong Kong sevens head has unfinished business, underlines world and Olympic aims

Welshman Paul John, city team coach of year, ‘hungry to achieve more’ as he approaches decade in role, prepares for Hong Kong Sevens.

24 Mar 2026 - 8:00AM

Banking & finance

HSBC vows to keep investing in China as new trade growth corridors emerge

HSBC’s CEO said financial institutions needed to ‘keep up’ with the rapid expansion of Chinese companies on their journey to ‘go global’.

22 Mar 2026 - 7:50PMvideocam

Crime in Hong Kong

HSBC asks victim of credit card theft to pay HK$126,580 racked up by criminals

Victim only discovered card theft a day later and was told by bank she failed to report it immediately, but finds friend’s case treated differently.

22 Mar 2026 - 6:38PM

The woman’s credit card was stolen on November 15, but she only realised it the next day. Photo: Getty Images

Made in China 2025

Global drug giants double down on China amid push for self-reliant supply chains

Multinationals are building self-reliant supply chains in China to insulate local markets from potential trade disruptions, say analysts.

20 Mar 2026 - 2:30PM

AstraZeneca’s booth at the China International Supply Chain Expo in Beijing, July 17, 2025. Photo: EPA

Crime in Hong Kong

Hong Kong businessman Jason Poon, 5 others arrested in HK$6 million fraud case

Source says police intelligence suggests surgical mask manufacturer allegedly defrauded HSBC via SME Financing Guarantee Scheme.

19 Mar 2026 - 4:11PM

Hong Kong Monetary Authority (HKMA)

HKMA warns of interest rate uncertainty amid Middle East conflict

HKMA leaves city’s base rate untouched at 4 per cent, as HSBC, Standard Chartered and BOCHK keep prime lending and saving rates unchanged.

19 Mar 2026 - 5:19PM

Banking & finance

HSBC launches US$2.5 billion AT1 bond issue in Hong Kong after market standstill

Lender’s AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong’s stability making it the natural venue: analyst.

19 Mar 2026 - 2:04PM

The offering comprises US$1.25 billion in five-year bonds at 6.75 per cent per year, and another US$1.25 billion in 10-year bonds at 7 per cent. Photo: Elson Li

Hong Kong Sevens

Hong Kong Sevens hits 50 but fans more focused on cost of tickets for 3-day bash

This year’s tournament, from April 17 to 19, marks the start of the new HSBC SVNS World Championship, featuring 30 teams playing 72 matches.

16 Mar 2026 - 5:30PM

A first rise in ticket prices since 2018 has dampened the excitement for some fans for this year’s event. Photo: Eugene Lee

Hong Kong stock market

Hong Kong stocks fall further as US and Iran dig in heels amid escalating war

Stopping Iran from having nuclear weapons and threatening the Middle East is of ‘far greater interest and importance to me’, Trump says.

13 Mar 2026 - 5:02PM

Fintech

Exclusive | HSBC, Standard Chartered tipped to win Hong Kong stablecoin licences in 2 weeks

The approvals would mark a milestone in Hong Kong’s push to regulate stablecoins while positioning itself as a global digital asset centre.

12 Mar 2026 - 5:00PM

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HSBC

HSBC, StanChart-led group among first to get stablecoin licences in Hong Kong

HSBC will launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

Hong Kong 7s coach’s Olympics ‘desire’, but first eyes Kai Tak, Asian Games joy

.css-19im5qg{color:#c79a00;}On This Day | HSBC’s HK$5 billion headquarters opens in Hong Kong in 1986 – SCMP archive

When it opened 40 years ago, the bank’s new headquarters was the most expensive building in the world.

China’s Sigenergy Technology seeks US$561.6 million from Hong Kong IPO

The Shanghai-based energy storage systems provider is selling 13.57 million shares at HK$324.20 each.

.css-1pcrwvc{color:#2aa191;}Editorial | Stablecoin launch delay shows Hong Kong would rather be safe than sorry

Given the complexity involved, it’s wise not to rush to meet any self-imposed deadline but to make sure a good framework is in place first.

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

This week in PostMag: the HSBC Main Building turns 40, the Hong Kong Sevens and new beginnings

Our latest issue celebrates two key anniversaries - 40 for the HSBC Main Building and 50 for the Hong Kong Sevens - and new beginnings.

Manulife, HSBC, Barclays lead big finance firms’ AI adoption in Hong Kong

Financial Secretary Paul Chan Mo-po launched an AI+ strategy in this year’s budget speech to promote AI applications in the banking sector.

The building that rewrote architecture – 40 years ago

The architect whose creation defied convention and the photographer who shot it share their thoughts on an inside-out marvel.

Chinese airline regulator faces dilemma as Iran war sends fuel costs soaring

Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.

Ganfeng Lithium sees surge in battery demand amid China-US energy rivalry

Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.

Hong Kong’s anticipated stablecoin licence by end-March does not materialise

Analysts say the delay is most likely administrative and that the overall plan is still on track.

Exclusive | HKU kicks off roadshow for US$385 million bond to back Northern Metropolis plan

Roadshows arranged by bankers including HSBC Holdings will draw banks, insurers, pension funds and asset managers in the coming days.

BOCHK reports 5% net profit growth for 2025 on bad debt exposure

BOCHK’s real estate loans were mainly to state-backed enterprises including Vanke, the latest mainland developer to come under pressure.

UK’s PM Starmer to host industry leaders for Middle East war talks on Monday

Participants at the talks will include government and military officials alongside energy, shipping, finance and insurance sector leaders.

Rising second-hand home sales offer signs China’s property slump is bottoming out

Increased resale activity, driven by first-time buyers and policy support, is fuelling hopes that China’s property market may be stabilising.

The Iran war could widen China’s EV lead over its global rivals. Here’s why

The ‘eye-watering’ surge in oil prices may push consumers around the world to switch to electric cars, boosting Chinese brands, analysts say.

Hong Kong sevens head has unfinished business, underlines world and Olympic aims

Welshman Paul John, city team coach of year, ‘hungry to achieve more’ as he approaches decade in role, prepares for Hong Kong Sevens.

HSBC vows to keep investing in China as new trade growth corridors emerge

HSBC’s CEO said financial institutions needed to ‘keep up’ with the rapid expansion of Chinese companies on their journey to ‘go global’.

HSBC asks victim of credit card theft to pay HK$126,580 racked up by criminals

Victim only discovered card theft a day later and was told by bank she failed to report it immediately, but finds friend’s case treated differently.

Global drug giants double down on China amid push for self-reliant supply chains

Multinationals are building self-reliant supply chains in China to insulate local markets from potential trade disruptions, say analysts.

Hong Kong businessman Jason Poon, 5 others arrested in HK$6 million fraud case

Source says police intelligence suggests surgical mask manufacturer allegedly defrauded HSBC via SME Financing Guarantee Scheme.

HKMA warns of interest rate uncertainty amid Middle East conflict

HKMA leaves city’s base rate untouched at 4 per cent, as HSBC, Standard Chartered and BOCHK keep prime lending and saving rates unchanged.

HSBC launches US$2.5 billion AT1 bond issue in Hong Kong after market standstill

Lender’s AT1 bond sale is the first since Iran conflict froze the market, with Hong Kong’s stability making it the natural venue: analyst.

Hong Kong Sevens hits 50 but fans more focused on cost of tickets for 3-day bash

This year’s tournament, from April 17 to 19, marks the start of the new HSBC SVNS World Championship, featuring 30 teams playing 72 matches.

Hong Kong stocks fall further as US and Iran dig in heels amid escalating war

Stopping Iran from having nuclear weapons and threatening the Middle East is of ‘far greater interest and importance to me’, Trump says.

Exclusive | HSBC, Standard Chartered tipped to win Hong Kong stablecoin licences in 2 weeks

The approvals would mark a milestone in Hong Kong’s push to regulate stablecoins while positioning itself as a global digital asset centre.

On This Day | HSBC’s HK$5 billion headquarters opens in Hong Kong in 1986 – SCMP archive

Editorial | Stablecoin launch delay shows Hong Kong would rather be safe than sorry