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

Analysts say the HKMA has prioritised risk management , even as it seeks to promote financial innovation through stablecoins. Photo: Jonathan Wong

Banking & finance

Calls grow for HKMA to go further on stablecoins after conservative first batch

Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.

11 Apr 2026 - 5:10PM

Fintech

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

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

Jevon Groves aiming to stay in role until at least 2028 and banish memories of painful Olympic near misses.

8 Apr 2026 - 9:09PM

Jevon Groves watches on as Hong Kong prepare to take on Fiji on Wednesday. Photo: Karma Lo

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

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

Hong Kong plans to be a digital asset hub with stablecoins playing a key role. Photo: Shutterstock

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

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

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

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

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

Hong Kong’s stablecoin initiative is part of efforts to become a global digital-asset hub. Photo: Getty Images

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

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

In Shanghai, about 22,000 second-hand homes changed hands between March 1 and 23, up 170 per cent from the same period a month earlier. Photo: Getty Images

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

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

Last year saw a steady growth in global trade but the landscape has been complicated by shifting tariffs, geopolitical tensions and regional conflicts. Photo: Xinhua

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

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

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

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

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

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HSBC

Calls grow for HKMA to go further on stablecoins after conservative first batch

Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.

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

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

Jevon Groves aiming to stay in role until at least 2028 and banish memories of painful Olympic near misses.

.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.

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