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 says it aims to cut US$1.5 billion in annual costs. Photo: Sun Yeung

Banking & finance

HSBC cuts 10% of US debt team as restructuring gathers pace

At least six New York staff laid off as the bank presses ahead with a global overhaul aimed at saving US$1.5 billion a year.

20 Feb 2026 - 7:13PM

Banking & finance

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

20 Feb 2026 - 11:02AM

Gold in Hong Kong

Copper, lithium unlikely to match gold’s gains as output rises: Goldman

19 Feb 2026 - 11:34AM

Fintech

Can Hong Kong lead a digital gold trading revolution with blockchain innovation?

Beyond banks, asset managers, fintechs and crypto firms are racing to launch innovative tokenised gold products for investors.

17 Feb 2026 - 10:00AM

Tokenised gold is giving investors a new way to hold the metal, easing pain points around access, custody, transfer and trading. Photo: Shutterstock

Banking & finance

Hong Kong banks lure wealthy clients with gold, mahjong sets, fireworks

HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.

16 Feb 2026 - 1:03PM

China property

Green shoots for China property? Maybe – but the turnaround’s still shaky

Home-price declines eased in January and policy support is building, but analysts warn oversupply continues to cloud the outlook.

15 Feb 2026 - 9:30AM

Pop Mart

Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum?

As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.

14 Feb 2026 - 10:01AM

Hong Kong stock market

CATL, CMOC Group, Laopu Gold join Hang Seng Index in latest quarterly review

The three companies will be added to the gauge after the market close on March 6, while car dealer Zhongsheng Group will be removed.

13 Feb 2026 - 7:39PM

Bonds

Yuan rally puts fresh steam into Hong Kong’s dim sum bond revival

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore notes.

12 Feb 2026 - 7:03PM

Banking & finance

Hong Kong banks’ profit growth slows amid rising bad debt, slim margins

Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says.

12 Feb 2026 - 5:43PM

The headquarters of Standard Chartered Bank and HSBC are seen in Central on March 23, 2025. Photo: Eugene Lee

Interview

In conversation: Hong Kong creative duo Offgod:Tate, aka Tate and Andrew Mok

The Hong Kong-born, Gen Z brothers talk about collaborating with Adidas, and meeting their heroes Pharrell Williams and Takashi Murakami.

12 Feb 2026 - 8:00AM

Hong Kong-born brothers Tate and Andrew Mok are the multidisciplinary creative duo known as Offgod:Tate. Photo: Jocelyn Tam

Electric & new energy vehicles

Pony AI and Toyota roll out robotaxis in China’s autonomous drive push

Guangzhou-based Pony AI begins output of 1,000 autonomous cabs and targets a 3,000-unit fleet by the end of 2026 as it expands globally.

9 Feb 2026 - 8:28PM

Banking & finance

As China intensifies offshore tax hunt, exporters struggle with compliance

Beijing leverages big data and global info exchange to chase undeclared overseas wealth, with fiscal needs seen driving the push, forcing compliance across sectors.

8 Feb 2026 - 10:00AM

China trade

UK, China boost financial ties, deepen London’s role as offshore yuan hub

New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.

6 Feb 2026 - 10:43PMvideocam

British Prime Minister Keir Starmer visited Yuyuan Garden in Shanghai, China, last Friday. Photo: Reuters

Hong Kong Sevens

Bumper crowd expected for Hong Kong Sevens, as ticket sales pass 100,000 mark

The South Stand Pass category, all corporate boxes and individual hospitality have sold out for the second year at Kai Tak Stadium in April.

4 Feb 2026 - 5:30PM

The 2025 tournament at Kai Tak Stadium reportedly generated some US$97 million for the local economy. Photo: Eugene Lee

China property

Why Shanghai is buying small older flats to revive its ailing housing market

Pudong, Jing’an and Xuhui districts will lead the programme, which comes amid signs of stabilisation in the secondary market.

3 Feb 2026 - 3:51PM

Banking & finance

No hack behind HSBC banking outage, as HKMA rules out cyberattack

Monetary authority signals tougher scrutiny of tech risks after shutdown, as it also moves closer to issuing stablecoin licences.

2 Feb 2026 - 12:43PM

Banking & finance

China’s yuan finds firmer footing in corporate fundraising efforts

Uses of yuan borrowing broaden to include working capital and capex, supported by Hong Kong’s liquidity boost, bankers say.

1 Feb 2026 - 5:00PM

Foreign-exchange trends, interest-rate shifts and supply-chain reshaping are all driving greater offshore yuan use, UOB banker says. Photo: Shutterstock

China trade

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

30 Jan 2026 - 8:02PMvideocam

Banking & finance

HSBC suffers temporary system shutdown, stopping services in Hong Kong

The bank’s mobile app and in-person services at several branches were unavailable for up to several hours for some customers during the outage.

30 Jan 2026 - 11:03PMvideocam

China stock market

Spirits rise as baijiu shares rally on Lunar New Year demand

With liquor stocks viewed as a barometer of real estate-linked business activity, the rally reflects renewed hopes for the property sector.

29 Jan 2026 - 7:21PM

China’s high-powered liquor stocks are often seen as a litmus for other sectors, in particular property. Photo: Xinhua

Hong Kong economy

Opinion | What Hang Seng Bank’s delisting tells us about Hong Kong’s markets

The development raises the question: what happens when Hong Kong’s most enduring financial symbols outlive their origins?

29 Jan 2026 - 2:07PMvideocam

Hang Seng Bank’s headquarters in Central, Hong Kong, on October 9. Photo: Jelly Tse

Interest rates

HKMA warns of risks as Hong Kong follows Fed in keeping interest rate unchanged

Analysts see the first US rate cut in June, with a falling Hong Kong interbank rate set to bring relief to borrowers.

29 Jan 2026 - 12:54PM

Chinese culture

Reservations now open for new banknotes for Year of the Horse red packets

HSBC, Standard Chartered and BOC are taking bookings for the new and ‘good as new’ banknote exchange at certain branches from February 3-16.

28 Jan 2026 - 6:15PM

Hong Kong stock market

Hong Kong stocks maintain momentum to hit 4.5-year high

Busy Ming Group, China’s largest snack and drinks retailer, gains 69 per cent on its Hong Kong debut.

28 Jan 2026 - 6:19PM

Hong Kong stocks continued adding to their recent gains on Wednesday. Photo: Sam Tsang

Banking & finance

Digital finance forum: AI, data to smooth trade-finance processes

Bankers from HSBC, Hang Seng Bank and ICBC Asia tout technology innovation to ease pain points for trade-finance clients.

2 Feb 2026 - 11:08AM

Permanent secretary for Financial Services and the Treasury Salina Yan speaks at the Development & Innovation of AI for Digital Finance forum at Hong Kong Convention and Exhibition Centre in Wan Chai on Monday. Photo: Eugene Lee

Mainland China

China needs silver and young spenders, plus policy support, for growth: HSBC

Longest Lunar New Year holiday ever will provide a tailwind, but growth could falter without more supportive measures, analysts say.

26 Jan 2026 - 3:40PM

Hong Kong Monetary Authority (HKMA)

How lower US interest rates can help Hongkongers amid steady local prime rates

Most new mortgages, many corporate loans are based on interbank rates, which will continue to fall, monetary authority’s deputy chief says.

26 Jan 2026 - 11:30AM

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HSBC

HSBC cuts 10% of US debt team as restructuring gathers pace

At least six New York staff laid off as the bank presses ahead with a global overhaul aimed at saving US$1.5 billion a year.

HK$10,000 bonus, extra day off: Hong Kong banks reward staff returning to work

Copper, lithium unlikely to match gold’s gains as output rises: Goldman

Can Hong Kong lead a digital gold trading revolution with blockchain innovation?

Beyond banks, asset managers, fintechs and crypto firms are racing to launch innovative tokenised gold products for investors.

Hong Kong banks lure wealthy clients with gold, mahjong sets, fireworks

HSBC, Hang Seng Bank, Standard Chartered, Citibank and DBS offer the metal to select clients while it hovers near a record high.

Green shoots for China property? Maybe – but the turnaround’s still shaky

Home-price declines eased in January and policy support is building, but analysts warn oversupply continues to cloud the outlook.

Pop Mart balances boom and bust: can Labubu’s leap match Molly’s momentum?

As Labubu’s meteoric rise cools, Molly’s longevity highlights the challenge Pop Mart faces in turning hype into stable intellectual property.

CATL, CMOC Group, Laopu Gold join Hang Seng Index in latest quarterly review

The three companies will be added to the gauge after the market close on March 6, while car dealer Zhongsheng Group will be removed.

Yuan rally puts fresh steam into Hong Kong’s dim sum bond revival

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore notes.

Hong Kong banks’ profit growth slows amid rising bad debt, slim margins

Profit growth slows to 7.3 per cent from 8.4 per cent a year earlier as bad loans exceed two-decade average, HKMA says.

In conversation: Hong Kong creative duo Offgod:Tate, aka Tate and Andrew Mok

The Hong Kong-born, Gen Z brothers talk about collaborating with Adidas, and meeting their heroes Pharrell Williams and Takashi Murakami.

Pony AI and Toyota roll out robotaxis in China’s autonomous drive push

Guangzhou-based Pony AI begins output of 1,000 autonomous cabs and targets a 3,000-unit fleet by the end of 2026 as it expands globally.

As China intensifies offshore tax hunt, exporters struggle with compliance

Beijing leverages big data and global info exchange to chase undeclared overseas wealth, with fiscal needs seen driving the push, forcing compliance across sectors.

UK, China boost financial ties, deepen London’s role as offshore yuan hub

New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.

Bumper crowd expected for Hong Kong Sevens, as ticket sales pass 100,000 mark

The South Stand Pass category, all corporate boxes and individual hospitality have sold out for the second year at Kai Tak Stadium in April.

Why Shanghai is buying small older flats to revive its ailing housing market

Pudong, Jing’an and Xuhui districts will lead the programme, which comes amid signs of stabilisation in the secondary market.

No hack behind HSBC banking outage, as HKMA rules out cyberattack

Monetary authority signals tougher scrutiny of tech risks after shutdown, as it also moves closer to issuing stablecoin licences.

China’s yuan finds firmer footing in corporate fundraising efforts

Uses of yuan borrowing broaden to include working capital and capex, supported by Hong Kong’s liquidity boost, bankers say.

What has UK PM Starmer achieved in China – and what next for Sino-British ties?

The British leader’s trip has so far yielded tariff cuts and agreements on trade and investment.

HSBC suffers temporary system shutdown, stopping services in Hong Kong

The bank’s mobile app and in-person services at several branches were unavailable for up to several hours for some customers during the outage.

Spirits rise as baijiu shares rally on Lunar New Year demand

With liquor stocks viewed as a barometer of real estate-linked business activity, the rally reflects renewed hopes for the property sector.

.css-1m2rp1p{color:#34b8b5;}Opinion | What Hang Seng Bank’s delisting tells us about Hong Kong’s markets

The development raises the question: what happens when Hong Kong’s most enduring financial symbols outlive their origins?

HKMA warns of risks as Hong Kong follows Fed in keeping interest rate unchanged

Analysts see the first US rate cut in June, with a falling Hong Kong interbank rate set to bring relief to borrowers.

Reservations now open for new banknotes for Year of the Horse red packets

HSBC, Standard Chartered and BOC are taking bookings for the new and ‘good as new’ banknote exchange at certain branches from February 3-16.

Hong Kong stocks maintain momentum to hit 4.5-year high

Busy Ming Group, China’s largest snack and drinks retailer, gains 69 per cent on its Hong Kong debut.

Digital finance forum: AI, data to smooth trade-finance processes

Bankers from HSBC, Hang Seng Bank and ICBC Asia tout technology innovation to ease pain points for trade-finance clients.

China needs silver and young spenders, plus policy support, for growth: HSBC

Longest Lunar New Year holiday ever will provide a tailwind, but growth could falter without more supportive measures, analysts say.

How lower US interest rates can help Hongkongers amid steady local prime rates

Most new mortgages, many corporate loans are based on interbank rates, which will continue to fall, monetary authority’s deputy chief says.

Opinion | What Hang Seng Bank’s delisting tells us about Hong Kong’s markets