<div id="readability-page-1"><div>M Stanley issued a report stating that Hong Kong banks will successively announce their 1Q26 results from late April to May 5. Net interest income is expected to decline QoQ, but strong wealth management and market-related income should provide an offset. The macro environment remains uncertain, and asset quality will be a key focus for the market. The broker prefers international banks.The report noted that a key feature of Hong Kong banks' 1Q26 results will be QoQ pressure on net interest income, as HIBOR fell 66 bps QoQ. However, this impact is expected to be offset by strong wealth management and market income, as well as solid cost control. Asset quality will remain in focus, including early credit provisioning by HSBC (00005.HK) +0.100 (+0.071%) Short selling $207.30M; Ratio 23.774% and Standard Chartered (02888.HK) +0.600 (+0.324%) Short selling $1.63M; Ratio 1.393% , BOC Hong Kong (02388.HK) +0.120 (+0.275%) Short selling $85.79M; Ratio 21.393% 's exposure to Hong Kong commercial real estate, and management commentary on geopolitical impacts. The capital positions of the three banks are expected to remain solid. HSBC is projected to declare a quarterly dividend of USD0.10 per share, while BOC Hong Kong is expected to declare a quarterly dividend of HKD0.29 per share.The broker raised its earnings forecast for BOC Hong Kong, reflecting expectations of one fewer rate cut in 2026. It maintained an Overweight rating on HSBC and Standard Chartered, and kept an Underweight rating on BOC Hong Kong. (ha/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-27 16:25.)</div>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</div>

00005

02888

HSBA

STAN

02388

512700

512800

M Stanley forecasts that Hong Kong banks will report a decline in net interest income for 1Q26 due to a drop in HIBOR, but this will be offset by strong wealth management and market-related income. The report highlights asset quality as a key focus, particularly regarding exposure to commercial real estate. HSBC is expected to declare a quarterly dividend of USD0.10, while BOC Hong Kong is projected to declare HKD0.29. M Stanley maintains an Overweight rating on HSBC and Standard Chartered, and an Underweight rating on BOC Hong Kong.

- M Stanley reported that Hong Kong banks will announce their first quarter 2026 results from late April to May 5, with net interest income expected to decline quarter-over-quarter.  
- This decline is anticipated to be offset by strong wealth management and market-related income, while asset quality remains a key focus amid an uncertain macro environment.  
- The report also highlighted solid capital positions, with HSBC and Standard Chartered maintaining an Overweight rating, while BOC Hong Kong received an Underweight rating despite an earnings forecast increase.

AASTOCKS News

HSBC HOLDINGS

STANCHART

HSBC Holdings Plc

Standard Chartered PLC

BOC HONG KONG

China Southern CSI Banks ETF

Hwabao WP CSI Banks ETF

Morgan Stanley

HSBC

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

HSBC 5xShortSG241213

Bank of China

BANK OF CHINA

Bank Of China

M Stanley Expects HK Banks' 1Q26 Net Interest Income to Face QoQ Pressure, Offset by Strong Market-Related Income