SG#HSBC RC2803H

HSBC Completes Tokenized Deposit Service Pilot on Canton Network

Dubai Economy and Tourism Ministry Signs Strategic Agreement with HSBC

Morgan Stanley Raises HSBC's Target Price to 1420 Pence

Hong Kong Announces First Stablecoin Issuers License List HSBC and Anchorpoint Financial Obtain License

HKMA Grants Stablecoin Issuer Licenses to Two Companies

HSBC Obtained HKMA's Stablecoin Issuance License, Plans to Launch HKD-Backed Stablecoin in H2 2026

HSBC and Standard Chartered Obtain Stablecoin Licenses in Hong Kong

HSBC Provides Sustainability-linked Loan to Concept 4 Ltd

David Lindberg Receives HSBC Stock Award Worth 11 Million Pounds

HSBC Analysts Suggest Investors Seek Excess Returns in Chinese Stocks

HSBC India's Move to Capitalize Customer Passwords Raises Security Concerns

PayMe by HSBC Expands Electronic Payment Network to Over 3,500 Taxis in Hong Kong

BlackRock Considers Leasing HSBC's Canary Wharf Building as New Headquarters

HSBC issued perpetual subordinated convertible securities

HSBC issues senior notes maturing in 2036

HSBC issued $130 million fixed-rate notes in London

Surendra Rosha and Suzanna White Trade HSBC Securities

Goldman Sachs Reiterates Buy Rating on HSBC

HSBC Expands Inheritance Planning Services to Meet Client Demand

HSBC Sees Increase in Refinancing Registrations, Securing Top Market Share in February

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HSBC analysts expect the US dollar to weaken despite recent gains, citing geopolitical uncertainty and a lack of visibility in the market. The dollar rose against the euro and British pound following failed peace talks between the US and Iran, but HSBC remains cautious, noting that the Federal Reserve is not in a hiking cycle. They highlight that the dollar's strength is partly due to the US's energy self-sufficiency, contrasting with the vulnerability of the UK and Eurozone to rising oil prices. Gold prices have also declined amid shifting safe-haven demand.

- The US dollar rose on Monday as failed negotiations between Washington and Tehran added geopolitical uncertainty, leading to a 0.3% gain against the euro and a 0.25% increase against the British pound.  
- Despite these gains, investor demand has been measured, with the dollar gaining approximately 2% against major peers in March amid rising oil prices and tighter US financial conditions.  
- HSBC analysts remain cautious about the dollar’s future, anticipating a potential weakness due to the Federal Reserve's non-hawkish stance and the need for clearer visibility in monetary policy.

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Why does HSBC expect the dollar to weaken despite gains?

FNCL

HSBC analysts believe that stocks can rally without a complete return to normality, emphasizing the importance of the global earnings outlook over geopolitical concerns. Their positioning framework is at its most bullish level since Trump's tariff rollout. They argue that even less negative news could support market rallies, citing strong consumer spending and retail sales as positive indicators. Analysts are optimistic about U.S. exceptionalism potentially returning, with expectations of falling unemployment and rising Treasury yields impacting various asset classes.

- HSBC's analysts assert that the global earnings outlook is more critical than geopolitical tensions, such as the Iran conflict.  
- They highlight a bullish sentiment for risk assets, supported by strong economic indicators, despite geopolitical concerns.  
- Analysts suggest that a decline in the unemployment rate and potential increases in Treasury yields could significantly impact various asset classes by mid-2026.

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Stocks can rally even without a 'full return to normality,' says HSBC

HSBC Unit Partners with Dubai Ministry to Attract Investment into Emirate

marketscreener

HSBC Unit Partners with Dubai Ministry to Attract Investment into Emirate

The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with HSBC Bank Middle East to attract global corporates and investors to Dubai. This partnership aims to enhance market entry and expansion for international businesses in priority sectors, leveraging HSBC's global network. The collaboration supports Dubai's Economic Agenda, D33, which seeks to double the economy by 2033. The agreement also focuses on strengthening connectivity between Asia and the UAE, promoting foreign direct investment, and reinforcing Dubai's status as a leading global hub for trade and innovation.

- The Dubai Department of Economy and Tourism (DET) has partnered with HSBC Bank Middle East Limited to attract international businesses and investors to Dubai.  
- This collaboration aims to enhance market entry and expansion for corporates, particularly in priority sectors, while strengthening connection between Asia and the UAE.  
- The agreement supports the Dubai Economic Agenda, D33, which seeks to double the emirate's economy by 2033, fostering investor confidence and positioning Dubai as a premier global hub for trade and investment.

Zawya

ZAWYA: Dubai Department of Economy and Tourism and HSBC sign strategic agreement

HSBC's Global Payment Solutions has completed a pilot for tokenized deposit services on the Canton Network blockchain. This pilot involved the issuance, transfer, and settlement of tokenized deposits, marking HSBC's first use of TDS on a public blockchain. The service supports major currencies and allows fiat deposits to be converted into digital tokens at a 1:1 ratio, enabling real-time settlement and programmable payments. HSBC aims to enhance secure and interoperable fund transfer capabilities, while tokenized deposits gain traction in capital markets and corporate banking.

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Morgan Stanley adjusts the target prices for HSBC Holdings and Standard Chartered to HKD 149 and HKD 195, respectively, maintaining an "Overweight" rating. It is expected that the performance of banks in the Asia-Pacific region will be driven by non-net interest income in the first quarter of this year, but the decline in HIBOR will put pressure on net interest income. Morgan Stanley anticipates that credit costs may be recognized earlier, and HSBC will set aside an additional USD 250 million in provisions. Uncertainty is expected to persist in the future, with the anticipated rate cut being delayed by one quarter

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Morgan Stanley slightly adjusts the target prices for HSBC and Standard Chartered, rating them as "Overweight."

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JP Morgan's report pointed out that the Hong Kong Monetary Authority issued stablecoin issuer licenses to HSBC and Anchor Financial Technology last week, believing that this move will help alleviate market concerns about the development of digital assets in Hong Kong. It is expected that the two banks will work closely with the Monetary Authority, and the application of stablecoins in their payment ecosystems will increase. Although the contribution of stablecoins to the revenue of the two banks is limited in the short term, it will support trading sentiment

- JPMorgan's report indicates that the Hong Kong Monetary Authority recently granted stablecoin licenses to two institutions: HSBC and DTH.  
- This development alleviates market concerns about potential halts in digital asset growth following the Chinese government's cautious stance.  
- While stablecoins may not yield significant short-term revenue for these banks, they are expected to enhance trading sentiment and integrate into their payment ecosystems.

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JP Morgan: The acquisition of stablecoin licenses by HSBC and Standard Chartered will positively contribute to the development of related digital assets, but the short to medium-term income contribution is not significant

HSBC's survey shows that 94% of respondents in Hong Kong are optimistic about international growth opportunities, and 82% expect to make business adjustments in the next three years. Artificial intelligence and technology have become key decision-making factors, with 51% of respondents believing they have a significant impact on market allocation. The survey also indicates that 92% of Hong Kong enterprises are readjusting their capital allocation strategies, and 91% are actively increasing investments in high-growth markets. Additionally, 94% of responding institutions plan to increase cross-border trade or investment in the next five years, reflecting confidence in long-term returns

HSBC Survey: Hong Kong Respondents Remain Optimistic About International Growth Opportunities, Artificial Intelligence and Technology Become Key Decision Factors

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On April 10, 2026, Hong Kong's stablecoin regulation became operational as the Hong Kong Monetary Authority granted a stablecoin issuer license to Anchorpoint Financial Technology Co., Ltd., a joint venture of HSBC, Standard Chartered Bank, Anchorpoint Group, and Hong Kong Telecom. The license is effective immediately, with operations expected to start soon. Following this announcement, related Hong Kong stocks surged, with Guotai Junan International rising by 27.69% and Yunfeng Financial increasing by 8.74%.

- On April 10, 2026, the Hong Kong Monetary Authority granted a stablecoin issuer license to Anchorpoint Financial Technology Co., Ltd.  
- This license is part of the operational stage of the Stablecoin Ordinance and will enable the company to begin operations after preparing.  
- Following the announcement, related Hong Kong stocks surged, with Guotai Junan International increasing by 27.69% and Yunfeng Financial rising by 8.74%.

Standard Chartered PLC

YUNFENG FIN

Hong Kong's first batch of stablecoin licenses: TradFi gets the key first, Web3 is still on the sidelines.

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XUNCE Technology has signed a strategic cooperation agreement with the Shenzhen Data Exchange to promote data assetization and artificial intelligence business. Shenghong Technology has started its IPO today, with an offering price of HKD 209.88 per share, and is expected to be listed on April 21. The Monetary Authority has issued the first batch of stablecoin licenses to institutions under HSBC and STANCHART, and licensed issuers must complete relevant preparations before launching compliant stablecoins

- Shenghong Technology began its initial public offering (IPO) today, setting the share price at HKD 209.88, with a total expected raise of approximately HKD 21.2 billion.  
- Xunce Technology signed a strategic cooperation agreement with the Shenzhen Data Exchange to expand data assetization and AI business.  
- The Hong Kong Monetary Authority issued its first stablecoin licenses to HSBC and Standard Chartered, allowing them to issue compliant stablecoins after necessary preparations are completed, with HSBC planning to launch a HKD stablecoin in the second half of 2026.

XUNCE

[Daily Announcement] XUNCE (3317) signed a cooperation agreement with Shenzhen Data Exchange, and institutions under HSBC (5) and STANCHART (2888) were approved for the first batch of stablecoin licenses

HSBC shares rose slightly following Hong Kong's approval of stablecoin issuer licenses. The Hong Kong Monetary Authority granted licenses to Anchorpoint Financial Limited, a joint venture of Standard Chartered and HSBC. This move aims to regulate digital assets while ensuring user and market protections, marking a significant step in the oversight of stablecoin operations in Hong Kong.

Unusual Whales

Hong Kong Greenlights Stablecoins: HSBC, StanChart JV Win First Licenses

Chinese institutions are showing reduced interest in Hong Kong's stablecoin licenses, with only HSBC and IDC Financial Technology Co., Ltd. receiving approval from the Hong Kong Monetary Authority. Despite speculation about Chinese-backed firms participating, the regulatory process favored these two entities based on risk management capabilities. The HKMA has indicated that future licenses will be limited, and Chinese-funded institutions have been advised to delay their applications. The stablecoin licenses mark a significant regulatory step for Hong Kong's financial sector, with the first stablecoins expected to launch in the second half of the year after system testing.

- The Hong Kong Monetary Authority has issued its first batch of stablecoin licenses on April 10, 2026, to HSBC Hong Kong and IDC Financial Technology Co., Ltd., marking a significant regulatory step in the cryptocurrency market.  
- Despite initial speculation about Chinese institutions participating, the approved entities reflect a cautious approach by regulators, emphasizing risk management and banking backgrounds as key criteria.  
- Future stablecoin launches from these companies are expected by late 2026, with limited additional licenses anticipated, as much of the Chinese-funded applications face regulatory scrutiny.

Chinese institutions cool down their enthusiasm for Hong Kong stablecoins

I expect MAS will tighten its monetary policy tomorrow. This should benefit stocks like the three big banks and consumer staples.

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☕️ [Task Coins Giveaway] Daily Market Talk

MAS is more on the side of &#34;fighting inflation,&#34; but will do so in a very cautious manner, rather than turning fully hawkish.In other words, it's less like &#34;completely standing on the sidelines,&#34; and more like gently tapping the brakes first, then watching oil prices and the Middle East situation.

market kinda resilient despite talks failed with no deal. probably will gain back or go above Fri closing later.

There is no point in trading the energy spike as the events flip-flops constantly. Staying out of this sector and just invest in areas within my circle of competence, like banks, REITs, Etc.

Firstly, I believe MAS will opt for a moderate strengthening of the SGD rather than implementing aggressive monetary policy changes tomorrow. It is challenging to strike a balance between controlling inflation and maintaining stable unemployment levels. Strong SGD is bad for export industry, especially electronic and pharmaceutical sectors.Lastly, I think the EV automotive, nickel, and solar panel industries stand to benefit from higher energy costs, while most other sectors are likely to be negatively impacted by rising energy expenses.

U.S.-Iran negotiations break down — Trump warns of possible limited military action. The U.S. Navy will begin blockading all maritime traffic in and out of Iranian ports. Oil prices surge.This alone is enough to cause widespread investment anxiety in the investment field. Cash is the king.

US Iran war is just noise, everyone should ignore the noise and engage in proper risk management. It risk of downside is worse than losing the upside.

US Iran talks do not seem to be going anywhere. Too many uncertainties, will be cautious while taking advantage of opportunities

RHB is correct, any supportive measure is not a permenant solution. There is only 1 permenant solution, which is open the straits. The international will needs to be stronger.

Too much uncertainty with stretched valuations. Market resilient so far but volume is tepid. Make whatever of it but I am staying cautious and defensive.

SG#HSBC RC2803H(56594.HK)

SG#HSBC RC2803H Stock Performance Chart

Why does HSBC expect the dollar to weaken despite gains?

Stocks can rally even without a 'full return to normality,' says HSBC

HSBC Unit Partners with Dubai Ministry to Attract Investment into Emirate

ZAWYA: Dubai Department of Economy and Tourism and HSBC sign strategic agreement

HSBC Completes Tokenized Deposit Service Pilot on Canton Network