CT-HSBC@EP2611A

CICC and DBS Reiterate Buy Rating on HSBC

HSBC Shareholders Approve Various Resolutions

HSBC Announces Performance Targets and Growth Strategy for 2026-2028

HSBC Completes Review of Loan Policies and Assures Shareholders Fraud Incident is a One-off Issue

HSBC Announces Special Credit Fund to Support Chinese Enterprises' Low-Carbon Transformation

JPMorgan Raises HSBC's EPS Forecast and Target Price for 2026-2028

HSBC Raises Hong Kong's 2023 GDP Forecast to 3.8%

HSBC to issue Tiered Fixed/Float Rate Senior Unsecured Notes

HSBC Launches Mastercard for Private Bank Customers

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

RONGZUN INT’L H

ASIA PIONEER

160 HEALTH

VC HOLDINGS

CENTRALCHINA MT

ASTRUM

HENGDELI

HAITIAN ANTENNA

CN CULTURE GP

TOMO HOLDINGS

HSBA

HSBC

00005

HSBC sees shareholder pushback against chair at AGM amid climate action concerns - Shareholder activists criticised the lender’s recent softening of climate targets.

HSBC Holdings Plc

HSBC HOLDINGS

HSBC 5xShortSG241213

HSBC sees shareholder pushback against chair at AGM amid climate action concerns

Huatai Securities has reaffirmed its Buy rating for HSBC Holdings (HSBA) with a price target of HK$169.13, while the shares closed at HK$1,322.00. Additionally, DBS's Manyi Lu also issued a Buy rating for HSBC. Conversely, Deutsche Bank maintained a Hold rating on the stock on May 6.

- Huatai Securities has reiterated a Buy rating for HSBC Holdings with a price target of HK$169.13, while its shares closed at HK$1,322.00.  
- Similarly, DBS’s Manyi Lu issued a Buy recommendation for the bank yesterday, indicating positive expectations.  
- In contrast, Deutsche Bank maintained a Hold rating on HSBC Holdings on May 6, reflecting a more cautious stance.

Tip Ranks

HTSC

Deutsche Bank AG

Huatai Securities Co., Ltd. GDR Class A RegS

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Huatai Securities Sticks to Their Buy Rating for HSBC Holdings (HSBA)

HSBH

- HSBC reported a surprising $400 million loss linked to fraudulent activities involving a British mortgage lender, highlighting concerns about banks' exposure to the private credit sector.  
- The Financial Stability Board warned about rising risks due to increasing links between banks and the $3.5 trillion private credit market, emphasizing a lack of transparency and potential defaults.  
- U.S. borrowers are shifting towards bank-led syndicated loans as private credit terms become less competitive, while major asset managers are reassessing their private credit valuations amid software sector strains.

Reuters

HSBC Holdings plc ADRhedged

Pro Gbl Listed Pvt

Apollo Global

Thomson Reuters

Blackstone Secured Lending Fund

Blackstone

BlackRock

Blue Owl Capital

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

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

BlackRock Tech and Private Equity Term Trust

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

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

Blue Owl Capital III

Blue Owl Tech Finance

Private credit roundup: HSBC's big loss and an FSB warning

- HSBC, led by Chairman Brendan Nelson, has completed a review of its lending practices following a $400 million provision against a fraud incident, linked to Market Financial Solutions.  
- Shareholders have expressed concerns regarding the bank's risk management during the annual meeting, particularly after a 6% drop in shares due to this unexpected charge.  
- Although HSBC may recover some funds, the actual loss is still undetermined, as the bank regards the fraud case as a one-off incident rather than indicative of systemic issues.

HSBC has reviewed lending policies after $400 million fraud hit, chairman says

- The STOXX 600 index fell by 0.8%, with all European sectors in decline, while U.S. futures showed an upward trend.  
- HSBC expressed concerns over Chinese airlines due to rising fuel costs and a 2.6% decline in air capacity during the recent Labour Day holiday, despite a 3.6% increase in domestic travel.  
- The shift towards railway travel indicates price-sensitive consumers are opting for alternatives, leading HSBC to lower ratings on major Chinese airlines while maintaining 'buy' ratings for travel platforms that benefit from increased tourism.

Air China

AIR CHINA

CHINA EAST AIR

TONGCHENGTRAVEL

Trip.com

TRIP.COM-S

Trip.com HK SDR 50to1

LIVE MARKETS-Chinese holiday data makes HSBC nervous about big airlines

Analysts from various financial institutions have forecasted average hourly wage growth rates for 2026. Capital Economics predicts a 3.4% annual growth, while Citigroup, HSBC, and TD Securities estimate a 3.7% increase. Other institutions like Dekabank and JPMorgan Chase project a 3.8% rise, and UBS Group expects a 3.9% increase. For monthly rates, predictions range from 0.2% to 0.3%, with several banks aligning on the latter figure.

CoinLive

JPMorgan Chase

Analysts Predict Wage Growth Trends for 2026

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513600

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.

AASTOCKS News

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

Skybound Wealth has appointed Kieron Franklin as Group Head of its new Skybound Property & Finance division. This division aims to integrate property sales, specialist lending, and financial planning for private clients, families, and investors, particularly in complex cross-border situations. Franklin brings 30 years of experience from major banks, including HSBC and RAKBANK. The division will offer services such as UK residential lending, buy-to-let finance, and equity release, ensuring property decisions align with clients' overall financial strategies. Skybound Property & Finance is now open for client referrals and will host events to raise awareness.

- Kieron Franklin has been appointed Group Head of Skybound Property & Finance to create a division focusing on property sales and financial planning for private clients and investors.  
- The new division aims to integrate property decisions with tax, retirement, and wealth strategies, reflecting the complexity of financial planning across multiple countries.  
- Skybound Property & Finance is set to support various financial needs, including specialist lending and expat mortgage cases, and will leverage Franklin's extensive experience in international banking.

Zawya

ZAWYA: Skybound Wealth appoints Kieron Franklin to lead new Skybound Property & Finance division

The US market is crazily bullish for tech stocks. The danger for those who have yet to enter is if they will be entering at a high point.

Prasath

Ranks in the top 90% of account holders by rate of return
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Alibaba HK SDR 5to1

Alibaba

TENCENT-R

Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

HSBC HK SDR 5to1

DBS Group

United Overseas Bank (UOB)

Jardine Matheson

Up, up and away says the market. But I am happy staying defensive coz I prefer buying at a discount. Not certain if there will be a sale but its always good safety first!

It has been an awesome rally for tech supported by strong results and outlook. I still remain defensive despite the rally which I expected somewhat and hence decision to add on some AI names despite my defensive posture. But I am scaling out into strength and staying defensive. Stay safe!

I expect the US market to open and close relatively flat tonight ahead of tomorrow Non Farm Payroll (NFP) results. Investors likely to take a cautious pause.As for OCBC’s quarterly earnings tomorrow, I anticipate weaker loan interest income, partially offset by contributions from its insurance business and other non-interest income streams. Let’s see how it turns out.😉

Based on today’s Business Times, the insurance arm of OCBC reported a slight 0.2% increase in net profit to S$346.3 million for the first quarter ended March 31, 2026, up from S$345.5 million a year ago.With above news. the market should already have a fairly good idea of OCBC’s overall results for the quarter. Either flat or moderate results 🤭.

Alphabet

Aiden

AMD has excellent results and outlook that should help the market continue its rally. But the market has gone up quite a bit and would rather be safe at these levels.

Apple

dingdongbell

majority stocks market set new high or close to highest. I just check my holding, majority not the highest

win win

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Intel

Sandisk

Palantir Tech

Alphabet - C

SMIC

SingTel

Frasers L&C Tr

CityDev

INTEL-T

SMIC HK SDR 5to1

SingTel 10

Singtel

CITYDEV NCCPS

I believe the AI supercycle has already been fore ran and hence the market has been consistently demanding the exceedingly, overwhelming perfect beats to drive the euphoria; nitpicking and reading between the lines and inventing concerns when the FOMO fruits are roped for picking. The narrative for capex monetisation concern surface every now and then, and then the concerns on power shortage, etc. Any little bad news can knock the knights off their high horse at any moment. But the party must go on right?

HSBC reported weaker than expected profits. It is mainly due to an unexpected UK fraud-related charge and higher credit provisions linked to rising economic risks from the Middle East conflict, the Iran war.As for Singapore banks like UOB and OCBC, I do not currently see any significant direct risk, given their relatively limited exposure to the UK private credit market and the Middle East compared to HSBC.😁

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Day 20: OCBC (May 2026) is strengthening its regional wealth management by acquiring HSBC’s retail and wealth business in Indonesia, adding S$6.6 billion in assets under management (AUM). The bank also launched Southeast Asia's first tokenised physical gold fund and revised 360 Account interest rates to up to 4.45% per annum effective May 1, 2026.

CT-HSBC@EP2611A(28945.HK)

HSBC sees shareholder pushback against chair at AGM amid climate action concerns

Huatai Securities Sticks to Their Buy Rating for HSBC Holdings (HSBA)

Private credit roundup: HSBC's big loss and an FSB warning

HSBC has reviewed lending policies after $400 million fraud hit, chairman says

LIVE MARKETS-Chinese holiday data makes HSBC nervous about big airlines