<div id="readability-page-1"><div>BofAS said in a report that HSBC HOLDINGS (00005.HK) +1.400 (+0.996%) Short selling $654.16M; Ratio 21.061% and STANCHART (02888.HK) 0.000 (0.000%) Short selling $19.17M; Ratio 6.586% will hold investor seminars in Hong Kong from the 19th to 21st of this month. The bank expects the events to serve as positive catalysts for both lenders, as management will showcase strong operating trends in Asia, particularly in wealth management and capital markets. BofAS noted that given HSBC HOLDINGS winning positioning in Asia, high-quality deposit franchise and effective strategy execution by management to amplify its competitive advantages, it continues to prefer HSBC HOLDINGS. The broker assigns a Buy rating and a TP of HKD158.25 to HSBC HOLDINGS. BofAS rates STANCHART (STAN.L) at Neutral for its UK-listed shares.The broker stated that wealth management has been a key investment theme for HSBC HOLDINGS and STANCHART in recent years. Deposits in Hong Kong have been growing at around 8% to 10%. The main drivers supporting deposit inflows and elevated stock market turnover remain in place. It also expects the Asia wealth management narrative to gain further support from strong capital market activities and new policy initiatives. The broker added that Hong Kong ranked first globally in fundraising Amt in 1Q26. Despite rising geopolitical uncertainties, the strong momentum is expected to continue, supported by the Mainlands increasing focus on helping high-quality enterprises expand overseas and accelerating RMB internationalization.BofAS added that STANCHART has committed to providing medium-term financial guidance at the event. The guidance is expected to include Return on Tangible Equity (ROTE), cost and revenue growth, key performance indicators for wealth management and capital returns. Under its base-case scenario, BofAS forecasts that STANCHART can achieve mid-teens ROTE and deliver capital returns translating into an annual total return of about 8%. In a bull-case scenario, it expects ROTE to reach nearly 20% by 2028, with annual total returns of about 9% to 10%. (fc/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-06 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>

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BofAS reports that HSBC HOLDINGS and STANCHART will hold investor seminars in Hong Kong from May 19-21, which are expected to positively impact both banks. BofAS maintains a Buy rating for HSBC HOLDINGS, citing its strong position in Asia and effective management strategies, with a target price of HKD158.25. STANCHART is rated Neutral, with medium-term financial guidance expected at the event. BofAS forecasts STANCHART's ROTE could reach mid-teens, with potential annual returns of 8-10% by 2028.

- BofAS reported that HSBC Holdings and Standard Chartered plan to hold investor seminars in Hong Kong from May 19 to 21, highlighting strong operational trends in wealth management and capital markets.  
- The broker favors HSBC Holdings, assigning a Buy rating with a target price of HKD158.25, while rating Standard Chartered at Neutral, emphasizing the significant investment themes in wealth management and recent deposit growth in Hong Kong.  
- BofAS also anticipates that Standard Chartered will provide medium-term financial guidance, hinting at performance indicators that could lead to substantial returns for investors.

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BofAS: HSBC HOLDINGS  and STANCHART Investor Seminar to Be Positive Catalyst; Continues to Prefer HSBC HOLDINGS