<p>在其市值首次超过 2000 亿后几周，汇丰控股有限公司内部被视为可能进入更大估值范围的银行。在达沃斯的世界经济论坛上，该行企业及机构银行部门的首席执行官迈克尔·罗伯茨表示，尽管全球地缘政治紧张局势持续加剧，但市值超过 3000 亿是可以实现的。罗伯茨指出，该行的盈利潜力是其估值大幅提升的理由，暗示从大约 2000 亿向 3000 亿的跃升是可以从当前水平实现的。汇丰的股票最后交易价格约为 1223 便士，持续上涨，目前市值约为 2100 亿，使该行在包括桑坦德银行、瑞银和法国巴黎银行在内的欧洲同行中处于领先地位。</p>
<p>罗伯茨的评论是在集团首席执行官乔治·埃尔赫德里领导下进行大规模重组的一年后发表的。在此期间，汇丰裁减了数千个职位，合并或关闭了多个业务线，并出售了其他业务，作为简化运营和降低成本的更广泛努力的一部分。根据罗伯茨的说法，这一转型阶段现在基本完成，管理层越来越专注于推动整个业务的增长。然而，他警告说，运营环境仍然动荡不安，指出美国总统唐纳德·特朗普要求控制格林兰所引发的地缘政治不确定性再次加剧。罗伯茨将这一情况描述为政治驱动的，并且比以往的冲击更不可预测，暗示这可能给全球银行带来新的挑战。</p>
<p>展望未来，罗伯茨还概述了技术变革如何重塑汇丰的业务。他表示，人工智能不太可能导致大规模裁员，反而可能通过减少银行家在行政任务上花费的时间来提高生产力。他还认为，金融市场中数字资产的扩展是不可避免的，随着时间的推移，大多数交易可能会转向代币化基础，同时量子计算预计也将在未来的交易操作中发挥作用。汇丰已经在其交易部门测试了量子技术，去年宣布的一项试验显示出改善金融资产定价的潜力，指向可能最终影响各类资产交易的结构性变化。</p>

汇丰控股有限公司

汇丰控股

汇丰

<p>汇丰控股有限公司的首席执行官迈克尔·罗伯茨表示，经过重组努力，汇丰的市场估值目标超过 3000 亿。他在世界经济论坛上发言时强调了该银行的盈利潜力以及最近股价上涨至约 1223 便士，使其估值大约为 2100 亿。在经历了大规模裁员和业务线调整后，汇丰现在专注于增长，尽管地缘政治紧张局势仍在持续。罗伯茨还讨论了技术，包括人工智能和量子计算，对生产力和交易操作的影响</p>

<p>Weeks after its market value first moved above 200 billion, HSBC Holdings Plc  is being framed internally as a bank that could potentially be entering a much larger valuation range. Speaking at the World Economic Forum in Davos, Michael Roberts, chief executive of the lender's corporate and institutional banking arm, said a market capitalization in excess of 300 billion was within reach, even as geopolitical tensions continue to build globally. Roberts pointed to the bank's profit-generation potential as justification for a materially higher valuation, suggesting that the move from roughly 200 billion toward 300 billion was achievable from current levels. HSBC shares, last traded at about 1,223 pence, have continued to edge higher and are now valued at roughly 210 billion, placing the lender firmly ahead of European peers including Banco Santander, UBS and BNP Paribas.</p>
<div class="lb-trans"><p>在其市值首次超过 2000 亿后几周，汇丰控股有限公司内部被视为可能进入更大估值范围的银行。在达沃斯的世界经济论坛上，该行企业及机构银行部门的首席执行官迈克尔·罗伯茨表示，尽管全球地缘政治紧张局势持续加剧，但市值超过 3000 亿是可以实现的。罗伯茨指出，该行的盈利潜力是其估值大幅提升的理由，暗示从大约 2000 亿向 3000 亿的跃升是可以从当前水平实现的。汇丰的股票最后交易价格约为 1223 便士，持续上涨，目前市值约为 2100 亿，使该行在包括桑坦德银行、瑞银和法国巴黎银行在内的欧洲同行中处于领先地位。</p>
</div><p>Roberts' comments come after a year of sweeping restructuring under group chief executive Georges Elhedery, during which HSBC cut thousands of jobs, merged or closed several business lines, and sold others as part of a broader effort to simplify operations and reduce costs. According to Roberts, that phase of transformation is now largely complete, with management increasingly focused on driving growth across the franchise. He cautioned, however, that the operating backdrop remains volatile, pointing to renewed geopolitical uncertainty sparked by US President Donald Trump's demand to take control of Greenland. Roberts described the situation as politically driven and more unpredictable than prior shocks, suggesting it could present fresh challenges for global banks.</p>
<div class="lb-trans"><p>罗伯茨的评论是在集团首席执行官乔治·埃尔赫德里领导下进行大规模重组的一年后发表的。在此期间，汇丰裁减了数千个职位，合并或关闭了多个业务线，并出售了其他业务，作为简化运营和降低成本的更广泛努力的一部分。根据罗伯茨的说法，这一转型阶段现在基本完成，管理层越来越专注于推动整个业务的增长。然而，他警告说，运营环境仍然动荡不安，指出美国总统唐纳德·特朗普要求控制格林兰所引发的地缘政治不确定性再次加剧。罗伯茨将这一情况描述为政治驱动的，并且比以往的冲击更不可预测，暗示这可能给全球银行带来新的挑战。</p>
</div><p>Looking further ahead, Roberts also outlined how technological change could reshape HSBC's business. He said artificial intelligence was unlikely to lead to mass layoffs and could instead improve productivity by reducing the amount of time bankers spend on administrative tasks. He also argued that the expansion of digital assets in financial markets was inevitable, with most trading potentially moving to a tokenized basis over time, while quantum computing was also expected to play a role in future trading operations. HSBC has already tested quantum technology within its trading unit, announcing last year that a trial demonstrated the potential to improve the pricing of financial assets, pointing to structural changes that could eventually affect trading across asset classes.</p>
<div class="lb-trans"><p>展望未来，罗伯茨还概述了技术变革如何重塑汇丰的业务。他表示，人工智能不太可能导致大规模裁员，反而可能通过减少银行家在行政任务上花费的时间来提高生产力。他还认为，金融市场中数字资产的扩展是不可避免的，随着时间的推移，大多数交易可能会转向代币化基础，同时量子计算预计也将在未来的交易操作中发挥作用。汇丰已经在其交易部门测试了量子技术，去年宣布的一项试验显示出改善金融资产定价的潜力，指向可能最终影响各类资产交易的结构性变化。</p>
</div>

HSBC Signals 300 Billion Valuation Ambition After Restructuring Push

- 汇丰控股内部认为其市值有望超 3000 亿。  
- 首席执行官表示，大力提升盈利能力是实现更高估值的理由。  
- 技术变革将塑造业务格局，量子计算在未来交易中将发挥作用。

汇丰在重组推动后透露出 3000 亿估值的目标