CI-HSBC@EP2612A

US Bank Provides Rating Predictions for HSBC and Standard Chartered

HSBC becomes the First International Clearing Member of Abu Dhabi Securities Exchange

Goldman Sachs and Jefferies Analyze HSBC's Q1 Earnings

JPMorgan Releases HSBC's Q1 Earnings Analysis Report

Citibank Publishes Report Analyzing HSBC's Wealth Management Issues

Goldman Sachs Report: HSBC Exceeds Q1 Expectations, Target Price at HK$160

CFRA Maintains Buy Rating on HSBC Holdings with Lowered Price Target

HSBC Hong Kong Business Reports 4.7% Increase in First Quarter Pre-tax Profit to 2.589 Billion USD

HSBC Reports Q1 Pre-Tax Profit of $9.376 Billion, Down 1.14% Year-Over-Year

HSBC reports additional $400 million provision in Q1

HSBC Reports Q1 Commercial Property Credit Risk in Hong Kong

HSBC Holdings released FY2026 Q1 earnings on May 5 During-Market (BJT), actual revenue HKD 135.76 B (forecast HKD 145.26 B), actual EPS HKD 3.2131

HSBC Suffers a $400 Million Profit Hit

HSBC Sees 48.5% Increase in Q1 Expected Credit Losses, Yue Ling Explains Impact of Fraud Case

Morgan Stanley Raises Forecast and Target Price for HSBC

HSBC Reports Q1 2026 Pre-Tax Profit of $10.1 Billion

Morgan Stanley Downgrades HSBC Target Price to 1419 Pence

HSBC Announces 2026 Financial Targets and Strategies

HSBC Sees $500 Million Synergies Through Listing of Hang Seng Bank

HSBC Reports Q1 2026 Earnings and Announces First Interim Dividend

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MOISELLE INT'L

SLING GROUP

UBOT HOLDING

ENTERPRISE DEV

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Bank of America reported that HSBC and Standard Chartered will hold investor conferences in Hong Kong from May 19 to 21, which is expected to positively impact both banks. HSBC is highlighted for its strong operational trends in Asia, particularly in wealth management and capital markets, and is given a 'buy' rating with a target price of HKD 158.25. Standard Chartered receives a 'neutral' rating for its UK shares.

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HSBC HOLDINGS

HSBC Holdings Plc

HSBC Holdings plc ADRhedged

STANCHART

Standard Chartered PLC

Bank of America

HSBC 5xShortSG241213

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

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BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

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BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

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BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

HSBC and Standard Chartered Investor Conferences Expected to Boost Positive Sentiment

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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.

AASTOCKS News

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

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HSBC Global Investment Research has raised its GDP growth forecasts for Hong Kong to 3.8% for 2026 and 3% for 2027, up from previous estimates of 2.7% and 2.8%. This optimistic outlook follows a strong 1Q26 GDP growth of 5.9% and limited impact from the Middle East conflict. The report highlights Hong Kong's service-led economy, government support measures, and potential capital inflows as key factors. Additionally, improvements in the residential property market and labor conditions are expected to boost consumption and investment activity.

- HSBC Global Investment Research upgraded its Hong Kong GDP growth forecasts for 2026 and 2027 to 3.8% and 3%, respectively, following a strong 1Q26 GDP growth of 5.9%.  
- The report highlights that Hong Kong's economy is largely service-led and has introduced government support measures to mitigate the impact of external disruptions, while emerging domestic momentum is fostering improved consumption.  
- Factors such as rising AI demand and a recovering residential property market are expected to boost investment, although risks remain if global demand weakens due to ongoing geopolitical tensions.

Hang Seng Index

China Southern Hang Seng ETF

HSBC Research Raises Hong Kong 2026 GDP Growth Forecast to 3.8%, Lifts 2027 to 3% on More Optimistic Outlook

The Hong Kong stock market is showing positive momentum, with the Hang Seng Index rising 315.17 points or 1.22% to close at 26,213.78. This follows a period of volatility, including a two-day slump of nearly 300 points. The market is buoyed by optimism regarding a potential resolution to Middle Eastern conflicts, as global markets, including the U.S. and European exchanges, have also seen significant gains. Key stocks such as AIA, Alibaba, and HSBC reported notable increases, while others like Tencent and Meituan experienced declines.

- The Hong Kong stock market experienced fluctuations, with the Hang Seng Index closing higher at 26,213.78 after a gain of 315.17 points or 1.22 percent, driven by financial, property, and technology sectors.  
- Positive global sentiment, fueled by hopes of resolving Middle Eastern conflicts, lifted Asian markets following strong performances in European and U.S. exchanges, where the Dow rose 612.34 points and the NASDAQ increased by 512.82 points.  
- Crude oil prices fell significantly amid optimism surrounding a potential U.S.-Iran agreement, with West Texas Intermediate crude dropping 7.66 percent to $94.44 per barrel.

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MEITUAN

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Hong Kong Stock Market Draws Strong Lead For Thursday

Shares of banks and financial institutions increased as fears regarding private credit diminished. HSBC's stock rose following news of a $400 million write-down linked to support for a collapsed mortgage broker. Oliver Pursche from Wealthspire noted that issues in private credit would eventually resolve. Apollo Global Management's shares also rose after reporting better-than-expected quarterly earnings and announcing plans for daily valuations of its private-credit funds, aiming to alleviate concerns about the lending sector's stability.

- Shares of banks and financial institutions increased as worries about private credit diminished.  
- HSBC's stock rose following news related to a $400 million write-down tied to support for collapsed mortgage broker Market Financial Solutions.  
- Apollo Global Management's shares also rose after reporting better-than-expected quarterly earnings and announcing plans for daily valuations of its private-credit funds to alleviate investor concerns.

MorningStar

Apollo Global

VG Financial

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

Apollo Global Management Pref Share APO 7.625 09/15/53

Financials Up as Private Credit Fears Subside - Financials Roundup

Urs Walbrecht has been appointed as the new Head of Sales and Client Management at SIX Securities Services in Zurich. Previously, he was the CEO of HSBC Inka, where he focused on business development and client management. Walbrecht's career at HSBC began in 2010, and he has held various roles, including Associate Director of Sales & Business Development in the custody division. His responsibilities at SIX include overseeing sales, client relationships, and partnerships for the division that provides clearing, settlement, and custody services.

- Urs Walbrecht is currently responsible for sales, client relationships, and partnerships at SIX Securities Services, which offers clearing, settlement, and custody services.  
- He started his career at HSBC in Düsseldorf in 2010, progressing through various roles, including Associate Director Sales & Business Development in the custody division.  
- Walbrecht was appointed to the management board of HSBC Inka in August 2020, where he held the CEO position from June 2024 to April 2026.

FiNews

SIX Securities Services Appoints New Head of Sales

- The Financial Stability Board warns that rising defaults and lack of transparency in the private credit market pose risks to the global financial system.  
- Retail investor participation has grown significantly, leading to liquidity mismatches as major asset managers like HSBC report losses linked to borrower collapses.  
- The FSB highlights the increasing interconnectedness between asset managers and banks, urging improved transparency and data sharing to address these vulnerabilities.

Reuters

BlackRock

Blue Owl Capital

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KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

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BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

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Watchdog flags risks in banks’ growing private credit ties

The Abu Dhabi Securities Exchange (ADX) has welcomed HSBC as its first international General Clearing Member (GCM), enhancing investor access to ADX-listed securities and improving the post-trade ecosystem. HSBC's role will reduce settlement risk and boost liquidity, affirming the UAE's financial market resilience. This partnership aims to broaden market access and support sustainable economic growth in Abu Dhabi. HSBC's involvement as a GCM highlights its commitment to facilitating international capital flows and enhancing connectivity between regional opportunities and global investors.

- The Abu Dhabi Securities Exchange (ADX) has welcomed HSBC as a new General Clearing Member, enhancing investor access to ADX-listed securities.  
- This partnership aims to strengthen the exchange's post-trade ecosystem, reduce settlement risks, and increase liquidity, reinforcing the UAE's financial market resilience.  
- Institutional trading in the first quarter of 2026 rose by 4% from the previous year, highlighting growing global confidence in the ADX as a premier investment gateway.

Zawya

ZAWYA: ADX welcomes HSBC as its first international bank

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Hong Kong stocks closed on May 6 with all three major indices in the green, led by the Hang Seng Index which rose 1.22%. Driven by a surge in global AI computing demand and better-than-expected earnings from overseas giants like AMD, the semiconductor sector exploded, with SMIC and Montage Technology delivering standout performances. Additionally, rising risk-off sentiment pushed the gold and non-ferrous resource sectors higher, while the mainland property and financial sectors also saw a collective rebound. However, significant divergence emerged among tech heavyweight stocks: Tencent Holdings attracted over HK$18.7 billion in turnover, topping the market, but its share price retreated

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HUA HONG SEMI

MONTAGE TECH

SMIC

HK Stocks Close | Three Major Indices Rise Collectively; Semiconductor and Gold Sectors Lead Gains, Tech Weights Show Divergent Trends

CI-HSBC@EP2612A(28896.HK)