UB-HSBC@EP2611B

HSBC Reaffirms Private Credit Commitment, Denies $4B Pause Report

HSBC Halts $4 Billion Private Credit Investment

HSBC Bullish on RMB, Expects USD/CNY to Hit 6.65 by Year-End

RBC Raises HSBC Price Target to 1275 Pence

HSBC is the Only UK Brand on the Kantar Brandz Top 100 List

Morgan Stanley Maintains Hold Rating on HSBC

HSBC Takes a $400 Million Charge Related to Apollo Loan

HSBC issued 2.25 billion US dollars in notes

HSBC issued 3.5 billion euros of senior unsecured notes

Citibank Upgrades HSBC Earnings Forecast and Target Price

HSBC plans to issue $1.5 billion perpetual subordinated convertible securities

HSBC CFO Sells Company Shares

Humansa Signs Memorandum of Understanding with HSBC and HSBC Life

HSBC Facilitates Hong Kong Government's Successful Issuance of Multi-currency Green and Infrastructure Bonds

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

RADIANCE HLDGS

ANCHORSTONE

RIVERINE CHINA

REACH NEW HLDGS

FINELAND LIVING

NUR HOLDINGS

GOLDEN LEAF INT

UBOT HOLDING

MAN YUE TECH

GS-C

HSBC

GS-D

00005

Private credit is facing challenges as fourteen major BDCs reported markdowns of $1.2 billion below amortized cost in Q1, particularly affecting smaller funds. Federal prosecutors are investigating BlackRock's valuation methods, while regulators demand increased transparency and stress testing. Additionally, HSBC has halted the deployment of $4 billion in private credit funds following significant losses, and Goldman Sachs is looking to offload risk from its balance sheet.

- Fourteen major business development companies (BDCs) marked down their portfolios in Q1, totaling $1.2 billion below amortized cost, with distress concentrated in smaller funds.  
- Federal prosecutors are investigating BlackRock’s valuation methods as regulators demand increased transparency and stress testing in the sector.  
- Capital deployment has slowed, illustrated by HSBC's pause on $4 billion in private credit funds and Goldman Sachs' efforts to transfer risk off its balance sheet.

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

Goldman Sachs

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

HSBC HOLDINGS

BlackRock

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

HSBC 5xShortSG241213

HSBC Holdings Plc

GS Hldg R

Private credit faces markdowns, probes, and funding slowdown

HSBA

In a report released yesterday, from HSBC maintained a Buy rating on NWS Holdings, with a price target of HK$10.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks NWS Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$10.73.

- HSBC has maintained a Buy rating on NWS Holdings with a price target of HK$10.00.  
- The analyst consensus for NWS Holdings is Strong Buy, indicating positive market sentiment.  
- The price target consensus among analysts stands at HK$10.73, suggesting further upside potential.

Tip Ranks

CTF SERVICES

HSBC Sticks to Its Buy Rating for NWS Holdings (NWSZF)

HSBH

HSBC Holdings Plc has not yet utilized its nearly $4 billion in private credit funds amid sector turmoil. The bank aims to compete in the $1.8 trillion private credit market but recently faced a $400 million loss linked to a loan to Apollo's Atlas SP Partners. This loss led to a 6% drop in HSBC's shares. Concerns over default risks and high interest rates persist, prompting regulatory scrutiny from the SEC and Congress regarding the private credit sector.

- HSBC Holdings Plc has not yet utilized its $4 billion from private credit funds, aiming to compete in the $1.8 trillion private credit market.  
- The bank reported a $400 million loss linked to a loan to Apollo's Atlas SP Partners, causing a 6% drop in its shares.  
- This loss occurs amid concerns over default risks and high interest rates in the private credit sector, which is under scrutiny from regulatory agencies and Congress.

benzinga_article

HSBC Holdings plc ADRhedged

Blackstone

Apollo Global

Nano Labs

Carlyle

Blue Owl Capital

Shutterstock

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

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

KKR Group Fin Co IX LLC Pref Share KKRS 4.625 04/01/61

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

KKR & Co. Inc.

Blue Owl Capital III

Blue Owl Tech Finance

HSBC Sits On $4 Billion In Private Credit Dry Powder Amid Sector Turmoil

Justin Allen Holdings Limited has detailed its subscriptions to HSBC wealth management products, including a USD10 million principal-guaranteed note maturing in September 2027 and several matured dual currency investments. The outstanding balance of these subscriptions is USD10 million, with yields around 4%. The company aims to optimize cash management and investment income through these products, while stakeholders should monitor potential currency conversion impacts.

- Justin Allen Holdings Limited has provided updates on its transactions with HSBC involving wealth management products.  
- The company has a USD 10 million principal-guaranteed fixed-to-floating note maturing in September 2027, along with dual currency investments, aiming to optimize cash management.  
- The announcement also highlights key terms and emphasizes the need for stakeholders to monitor potential currency conversion impacts from the FX-linked instruments.

JUSTIN ALLEN H

Justin Allen details HSBC wealth product subscriptions, leaves USD10m outstanding

HSBC reaffirmed its commitment to private credit investments, countering a Financial Times report that claimed a pause on a US$4 billion investment plan. This comes after a US$400 million loss linked to Market Financial Solutions raised concerns in the private credit market. HSBC stated it has not transferred any funds and has no current plans to do so, despite regulatory scrutiny over banks' exposure to the US$3.5 trillion private credit industry.

- HSBC reaffirmed its commitment to private credit investments, contradicting a Financial Times report about pausing a US$4 billion investment plan.  
- The bank emphasized its dedication to asset management despite concerns from regulators regarding exposure to the private credit industry, which totals US$3.5 trillion.  
- This statement follows a recent US$400 million loss related to the collapse of Market Financial Solutions, highlighting ongoing market jitters.

Businesstimes News

Thomson Reuters

HSBC committed to its private credit investments after report on US$4 billion pause

HSBC has halted its $4bn shadow banking initiative due to concerns over a potential crisis in the unregulated sector. Initially announced in June last year, the bank planned to invest in private credit funds but has not transferred any funds and has no current plans to proceed.

- HSBC has halted its $4 billion shadow banking initiative amid concerns over a crisis in the unregulated sector, following a $400 million loss linked to the collapse of Market Financial Solutions.  
- The decision comes as the shadow banking industry faces scrutiny over loose lending standards, with warnings from prominent financial leaders about potential fallout.  
- HSBC aims to maintain its asset management focus in private credit funds despite these complications.

The telegraph

Banco Santander SA-Spon

Wells Fargo

Jefferies Financial

Barclays

JPMorgan Chase

Banco Santander, S.A.

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

HSBC puts $4bn shadow banking drive on hold amid crisis fears

HSBC has delayed its $4 billion private credit investment amid concerns over US valuations and borrower risks, with no timeline for deployment. The bank remains committed to its asset management's private credit funds, despite a 1.7% drop in shares during premarket trading.

- HSBC has not yet deployed the $4 billion committed to its private credit strategy, with no timeline for investment.  
- The bank's plans to invest in alternative lending through its asset manager have been paused due to concerns over US private credit valuations and borrower risks.  
- A spokesperson confirmed the bank's commitment to its private credit funds, despite a 1.7% drop in the company's shares during premarket activity.

Fidelity

Update: Market Chatter: HSBC Holds Back $4 Billion Private Credit Investment Amid Industry Scrutiny

HSBC (HSBC) has not transferred its previously announced figure of $4B into its own private credit funds and has no current plans to do so, the Financial Times reported, citing two sources familiar with the decision-making process. Executives had grown wary of the investment amid wobbles in the U.S. private credit market, the report said. HSBC told the FT it was “committed to our asset management’s offering in private credit funds.”

- HSBC has not moved its previously announced $4 billion into its private credit funds and has no plans to do so.  
- Concerns over instability in the U.S. private credit market have caused executives to approach the investment cautiously.  
- Despite this, HSBC stated its commitment to its asset management offerings in private credit funds.

Seeking Alpha

HSBC halts $4B allocation to internal private credit funds, FT reports

📈 Share your trades, earn SGD $2 per post! 
How to join: post your P/L + 20-word insight in English
Learn, connect, and cash in! 🚀

📈 Share your trades, earn SGD $2 per post! How to join: post your P/L + 20-word insight in English Learn, connect, and cash in! 🚀

Trade Showcase

Day 25: As of May 2026, OCBC Bank has reported a strong start to the year, with Q1 2026 net profit rising by 5% to $1.97 billion, surpassing expectations driven by wealth management fees and record non-interest income. Under new leadership, the bank aims to double its wealth business by 2029, including acquiring HSBC Indonesia’s wealth business.

OCBC Bank

HSBC HK SDR 5to1

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
Calculated based on your Longbridge (Singapore) A/C

Rate Of Return

Ranks in the top 70% of account holders by total assets
Calculated based on your Longbridge (Singapore) A/C

Total Assets

NewUser_RJ

Achieved a total trading volume of 10K USD

Traded Value

NVIDIA

Dacai

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

Super Micro Computer

Corning

Snap

Coinbase

Coreweave

IREN

Rocket Lab

BIDU-SW

BABA-W

TENCENT

Far East HTrust

StarHub

JMH USD

Snap On

BIDU ADR US

☕️ [Task Coins Giveaway] Daily Market Talk

BIDU-SWR

Baidu HK SDR 10to1

Baidu

BABA-WR

Alibaba HK SDR 5to1

Alibaba

TENCENT-R

Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

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

Ranks in the top 30% of account holders by total assets
Calculated based on your Longbridge (Singapore) A/C

Ranks in the top 20% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

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.😁

UB-HSBC@EP2611B(29293.HK)

Private credit faces markdowns, probes, and funding slowdown

HSBC Sticks to Its Buy Rating for NWS Holdings (NWSZF)

HSBC Sits On $4 Billion In Private Credit Dry Powder Amid Sector Turmoil

Justin Allen details HSBC wealth product subscriptions, leaves USD10m outstanding

HSBC committed to its private credit investments after report on US$4 billion pause