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 Alibaba building in Xuhui Binjiang Park, also known as “AI Park”, in Shanghai. Photo: EPA

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

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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.

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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

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

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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.

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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

AI computing and data centre demand are new power consumption drivers, according to Ganfeng Lithium. Photo: Getty Images

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

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

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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

British Prime Minister Keir Starmer. Photo: Reuters

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

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24 Mar 2026 - 10:50AMvideocam

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24 Mar 2026 - 8:00AM

Paul John won his award for the Hong Kong sevens team’s success at the National Games and in the Asia Rugby Sevens Series last year. Photo: Karma Lo

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

Made in China 2025

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

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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

A source has confirmed that Jason Poon was among those arrested. Photo: Elson Li

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

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

Hong Kong stock continued to fall on Friday. Photo: Jonathan Wong

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

Banking & finance

HSBC, Hang Seng Bank end remote-work flexibility for Hong Kong frontline staff

The two banks tighten work rules in the city, requiring traders and salespeople to return to the office from April 1.

10 Mar 2026 - 6:48PM

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HSBC

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

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

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.

HSBC, Hang Seng Bank end remote-work flexibility for Hong Kong frontline staff

The two banks tighten work rules in the city, requiring traders and salespeople to return to the office from April 1.

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