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

Schroders Group CEO Richard Oldfield at the company’s Hong Kong office in Admiralty on April 15. Photo: Eugene Lee

Banking & finance

Cash holdings rise amid war, but Asia remains key for wealthy: Schroders CEO

High-net-worth clients continue to seek opportunities in Asia, taking a longer-term view despite global uncertainties, Richard Oldfield says.

2 hours ago

Hong Kong Sevens

South Africa end nearly 30 years of hurt to finally grab Hong Kong Sevens crown

4 hours ago

Hong Kong Sevens

Hong Kong a ‘global player’ in world rugby after record-breaking Sevens party

19 Apr 2026 - 11:07PM

Artificial intelligence

Chinese software firms defy ‘SaaSpocalypse’ with strategic AI partnerships

Legacy Chinese SaaS firms are integrating AI into their offerings and seeing ‘significant robust growth’ as a result, Liu said.

19 Apr 2026 - 9:00AM

An AI display is seen at the Zhongguancun Exhibition Centre in Beijing, March 25, 2026. Photo: Xinhua

Banking & finance

Hong Kong wants to be a global gold vault. Does the Iran war create an opening?

Geopolitical risk is driving a rethink of where bullion is stored – and Hong Kong’s unique status is drawing attention.

18 Apr 2026 - 2:00PMvideocam

China digital currency

Hong Kong seen leading Asia in push to scale stablecoins, HSBC says

Interoperability and real-world applications seen as key hurdles as city looks to unlock tokenisation’s full potential.

18 Apr 2026 - 4:32PM

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.

17 Apr 2026 - 6:00PM

LIV Golf

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

O’Neil seemed to confirm that LIV executives met in New York this week while refuting the idea that they were ‘summoned’.

17 Apr 2026 - 11:37AM

Hong Kong Sevens

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

Blitzboks have never won Hong Kong title, but go into weekend having won HSBC SVNS Series. Only single-day tickets left, with Sunday almost gone.

17 Apr 2026 - 9:00AM

Mainland China

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.

17 Apr 2026 - 9:00AM

01:46

Hong Kong Sevens

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.

17 Apr 2026 - 8:00AM

Bryn Phillips goes on the charge during a practice match against Fiji last week. Photo: Karma Lo

Hong Kong Sevens

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.

17 Apr 2026 - 2:20PMvideocam

Foreign exchange market

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.

16 Apr 2026 - 3:00PM

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.

15 Apr 2026 - 11:17PMvideocam

Janet Yellen, former secretary of the US Treasury, spoke in Hong Kong on Wednesday at the HSBC Global Investment Summit. Photo: SCMP

Banking & finance

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.

15 Apr 2026 - 8:13PM

HKEX CEO Bonnie Chan Yiting speaks at the Chinese New Year Market Open Celebration at HKEX in Central, on February 20. Photo: Karma Lo

Hong Kong economy

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.

15 Apr 2026 - 9:01PM

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.

15 Apr 2026 - 4:11PM

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.

14 Apr 2026 - 3:57PM

HSBC chairman Brendan Nelson addressing the Global Investment Summit on April 14, 2026. Photo:Handout

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.

13 Apr 2026 - 6:17PM

Hong Kong economy

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.

12 Apr 2026 - 6:44PM

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

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.

12 Apr 2026 - 8:00AM

Canada’s Olivia Apps (left) and Charity Williams (right) lead a post-training dance session at Hong Kong Sports Institute with their teammates and players from Hong Kong and Fiji. Photo: Eugene Lee

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.

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.

15 Apr 2026 - 8:15AMvideocam

Artificial intelligence

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.

9 Apr 2026 - 8:30PM

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

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

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HSBC

Cash holdings rise amid war, but Asia remains key for wealthy: Schroders CEO

High-net-worth clients continue to seek opportunities in Asia, taking a longer-term view despite global uncertainties, Richard Oldfield says.

South Africa end nearly 30 years of hurt to finally grab Hong Kong Sevens crown

Hong Kong a ‘global player’ in world rugby after record-breaking Sevens party

Chinese software firms defy ‘SaaSpocalypse’ with strategic AI partnerships

Legacy Chinese SaaS firms are integrating AI into their offerings and seeing ‘significant robust growth’ as a result, Liu said.

Hong Kong wants to be a global gold vault. Does the Iran war create an opening?

Geopolitical risk is driving a rethink of where bullion is stored – and Hong Kong’s unique status is drawing attention.

Hong Kong seen leading Asia in push to scale stablecoins, HSBC says

Interoperability and real-world applications seen as key hurdles as city looks to unlock tokenisation’s full potential.

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

O’Neil seemed to confirm that LIV executives met in New York this week while refuting the idea that they were ‘summoned’.

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

Blitzboks have never won Hong Kong title, but go into weekend having won HSBC SVNS Series. Only single-day tickets left, with Sunday almost gone.

.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.

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