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

US-China relations

US-China tensions simmer, economy outperforms, Auto China begins

This week: The US and China exchange trade-war swings, China’s economic growth beats expectations, and the US blockades Iranian ports. Next week: Carmakers debut models at Auto China, Victory Giant starts trading after Hong Kong IPO, robots compete in Beijing half marathon and more.

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Mainland China

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Hong Kong Sevens

Cathay/HSBC Hong Kong Sevens event planner: your guide to the ultimate sports party

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China has been gradually diversifying its foreign exchange reserves away from holdings of sovereign American debt. Photo: dpa

US-China relations

‘No alternative’: Yellen defends dollar dominance, calls to preserve China trade

Former US Treasury secretary, in Hong Kong, discusses China’s ‘serious conflicts’ with other economies in trade, while warning of decoupling risks.

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Global funds fuel Hong Kong IPO rebound as investors rebalance China portfolios

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15 Apr 2026 - 9:01PM

Hong Kong retained its position as Asia’s top financial centre and ranked third globally. Photo: Jelly Tse

Fintech

How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins

HSBC eyes retail stablecoin roll-out via PayMe in second half of 2026, as Standard Chartered-led joint venture focuses on institutions first.

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HSBC is looking to introduce stablecoins by integrating them into its popular PayMe app. Photo: Jonathan Wong

Banking & finance

HSBC chair sees AI, middle class and trade driving growth despite Iran war

Artificial intelligence can support growth, while rising middle class could fuel consumption and wealth, HSBC chair says in debut speech.

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Architecture and design

Norman Foster’s HSBC Building was born 40 years ago. How does he see it today?

Foster says the bold strategic design decisions he made for the HSBC Main Building four decades ago are just as valid today.

14 Apr 2026 - 7:15AM

Banking & finance

HSBC stays the course in the Middle East despite war

The bank will continue to invest in the UAE, alongside India, China and Singapore, says Surendra Rosha, co-CEO for Asia and the Middle East.

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Surendra Rosha, co-CEO for Asia and the Middle East at HSBC. Photo: Jonathan Wong

Hong Kong economy

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The Central financial district in Hong Kong. Finance chief Paul Chan says the concept of national security is intertwined with various fields, such as finance, energy, technology, food and overseas interests. Photo: Jelly Tse

Hong Kong Sevens

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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.

15 Apr 2026 - 8:17AM

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.

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

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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

Sigenergy focuses on stackable solar storage systems. Photo: Xinhua

Banking & finance

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

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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

The north elevation of the completed building as seen from Statue Square. Photo: Ian Lambot

Banking & finance

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

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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

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

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HSBC

US-China tensions simmer, economy outperforms, Auto China begins

This week: The US and China exchange trade-war swings, China’s economic growth beats expectations, and the US blockades Iranian ports. Next week: Carmakers debut models at Auto China, Victory Giant starts trading after Hong Kong IPO, robots compete in Beijing half marathon and more.

LIV CEO Scott O’Neil claims ‘business as usual’ amid reports of league’s demise

Boks chasing first title, tickets sell out: 5 things to know on day 1 of Sevens

.css-1t72pn8{color:#C79A00;}Video | Where can Sevens fans go for post-rugby fun?

With the Sevens resettled in the city’s East Kowloon area, we explore some neighbourhoods and transport links supporters can use to keep the party going.

Hong Kong star aiming to inspire at sevens before plotting Cathay career

Bryn Phillips still has Asian Games, World Cup and Olympic ambitions but scrum-half beginning to plan for life after sport.

Cathay/HSBC Hong Kong Sevens event planner: your guide to the ultimate sports party

From Hong Kong’s men and women tackling the Melrose Claymores competition, to K-pop and Eurodance, there’s something for everyone.

China trims US Treasury holdings as global ownership hits record

Beijing slightly pares its sovereign US debt position as private investors and certain financial hubs drive demand up.

‘No alternative’: Yellen defends dollar dominance, calls to preserve China trade

Former US Treasury secretary, in Hong Kong, discusses China’s ‘serious conflicts’ with other economies in trade, while warning of decoupling risks.

Global funds fuel Hong Kong IPO rebound as investors rebalance China portfolios

AI, robotics and energy storage firms make up most of the record-high IPO pipeline in Hong Kong, says Chan.

Paul Chan backs Hong Kong to be world’s No 2 financial hub within 15 years

Finance chief says city’s strengths are its stable environment and strong growth.

How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins

HSBC eyes retail stablecoin roll-out via PayMe in second half of 2026, as Standard Chartered-led joint venture focuses on institutions first.

HSBC chair sees AI, middle class and trade driving growth despite Iran war

Artificial intelligence can support growth, while rising middle class could fuel consumption and wealth, HSBC chair says in debut speech.

Norman Foster’s HSBC Building was born 40 years ago. How does he see it today?

Foster says the bold strategic design decisions he made for the HSBC Main Building four decades ago are just as valid today.

HSBC stays the course in the Middle East despite war

The bank will continue to invest in the UAE, alongside India, China and Singapore, says Surendra Rosha, co-CEO for Asia and the Middle East.

Hong Kong balancing security and innovation as nation’s ‘firewall’: Paul Chan

Finance chief says security is key to China’s high-quality growth as geopolitical tensions create risks to energy supplies and financial markets.

Canada Olympic star Williams plans on ‘having a ‘blast’ at Hong Kong Sevens

Flying wing targeting fourth Games in Los Angeles after claiming two medals from past three editions, aiming to ‘show full force’ at Kai Tak.

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

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

The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say.

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.

Video | Where can Sevens fans go for post-rugby fun?

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