小摩进行敏感度测试显示，对于汇控，2025年信贷成本潜在上升可能为6个基点，或2025年下半年年化 增加13个基点，将使汇丰2025财年盈利减少1.6%。在正面方面，摩通计算不良贷款处置可能导致因预 期损失过剩而释放13亿美元资本。即使考虑潜在盈利下行，核心一级资本比率的净影响可能为提升12个 基点，从而增加回购股份的容量。 智通财经APP获悉，摩根大通发布研报称，予汇丰控股(00005)目标价122港元，维持"增持"评级。机构 上周曾报道，汇丰控股已指示其子公司恒生银行(00011)处置其香港商业地产(CRE)组合内的不良债务。 摩通认为，若消息兑现，汇丰股价存在上行潜力，因资本释放的好处超过信贷成本潜在上升。 ...

Forget waiting 10 years for quantum computing to matter. IBM and HSBC are already using it to find hidden patterns in messy market data that classical computers tend to miss.British mega-bank HSBC (HSBC 1.36%) just achieved something remarkable with quantum computers from IBM (IBM 1.22%) -- 34% better predictions in bond trading using real market data. The companies announced this result in separate press releases this week, referencing a joint research paper with the thrilling title "Enhanced fill probabil ...

（文章来源：第一财经） 据报道，汇丰全球研究预测，到2026年，上证综指将达到4500点，沪深300指数将达到5400点，深证成 指将达到16000点，预计涨幅为17-20%。 ...

Market Overview - China's stock market has experienced a significant rally this year, driven by advancements in artificial intelligence, efforts towards chip self-sufficiency, and government initiatives to control price wars [1] - The mainland CSI 300 index has increased approximately 16% since the beginning of the year, nearing three-year highs, while the CSI 300 Information Technology Index reached its highest level since 2015 [2] Investor Behavior - Retail investors are a major force in the current equity rally, with around 90% of daily trading volume in China's onshore stock markets attributed to them, contrasting sharply with global exchanges where institutional investors dominate [3] - There has been a notable shift of retail investors moving funds from bank deposits into equity markets, indicating a change in investment strategy [3] Economic Context - Total Chinese household savings have reached over 160 trillion yuan (approximately $22 trillion), marking a record high, yet only 5% of these savings are invested in equities, suggesting potential for increased retail market participation [4]

Core Viewpoint - HSBC Holdings has confirmed that Brendan Nelson will serve as interim chairman starting October 1, as the search for a permanent successor to Mark Tucker remains unresolved [1] Group 1: Leadership Changes - Brendan Nelson joined the board in 2023 and has spent most of his career at accounting firm KPMG [1] - Nelson was designated as the interim chairman candidate in June 2023 [1] - Mark Tucker will continue as Group Chief Executive and strategic advisor to the board during the search for a permanent successor [1] Group 2: Organizational Restructuring - The leadership change occurs amid a significant restructuring led by Group Chief Executive Georges Elhedery [1] - HSBC has been reorganized into four new business divisions [1]

British Prime Minister Keir Starmer triggered fury Today as he revealed plans for UK digital ID, but are major banks planning to take the British pound (GBP) digital too? Britain’s biggest banks have launched live tests of “tokenized” sterling, digital versions of bank deposits designed for faster and more controlled payments. (Source – GBP USD, TradingView) Six lenders, Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander, are taking part in the pilot, which is being coordinated b ...

Core Viewpoint - The recent decline in AI-related stocks, such as Oracle and Oaklo, raises questions about the sustainability of the AI trade, yet some analysts still advocate for US equities due to the potential of AI and broader tech sector growth [1][2][4]. Group 1: AI Market Dynamics - The current AI landscape is compared to the early days of the internet, suggesting that generative AI is still in its infancy, akin to the initial integration of modems and computers [3]. - The investment from Nvidia into OpenAI, potentially up to $100 billion, highlights the optimism surrounding future breakthroughs in AI technology [4]. - Despite recent weaknesses, the focus should shift to companies that will benefit from the adoption of generative AI, which is expected to drive significant earnings growth [7]. Group 2: Market Trends and Economic Factors - The market has seen a shift where growth stocks have outperformed value stocks, particularly led by the MAG7 tech companies, but a recalibration is anticipated [5][6]. - Earnings for the MAG7 are projected to slow from 23% to 15% between Q3 and Q4 of the next year, indicating a need to explore opportunities in the broader market [6]. - The Federal Reserve is expected to ease monetary policy further, which could support market stability and growth, with projections indicating two more rate cuts in Q4 [8][9]. Group 3: Inflation and Economic Projections - The Fed is currently managing higher year-over-year inflation, but month-over-month figures are showing improvement, allowing for potential easing [10]. - The influx of foreign direct investment (FDI) into the US suggests a strong economic position, although achieving the desired inflation target may be challenging due to excess liquidity [11][12].

Key Takeaways HSBC is exiting non-core markets and redirecting $1.5B into its core Asia and Middle East strategy.Barclays targets 2B pound in efficiency savings by 2026 after divesting several non-core businesses.YTD, the BCS stock has jumped 52.8%, outpacing HSBC's 39.4% gain and the industry's 39.7% rally.HSBC Holdings PLC (HSBC) and Barclays PLC (BCS) are two prominent foreign banks based in London that have been streamlining their operations to enhance efficiency and focus on core businesses.While both ...

Key Points HSBC has successfully used an IBM quantum chip to make better guesses at bond prices. Bond price predictions were 34% more accurate using IBM quantum chips than using ordinary computers. HSBC says "we are on the cusp of a new frontier of computing in financial services." 10 stocks we like better than International Business Machines › International Business Machines (NYSE: IBM) stock jumped 1.6% through 10:30 a.m. ET Friday after Morgan Stanley analyst Erik Woodring called it the "clear ...

Core Insights - HSBC Holdings PLC has agreed to divest its retail banking business in Sri Lanka to Nations Trust Bank PLC, which includes approximately 200,000 client accounts, credit cards, and retail loans [1][7] - The corporate and institutional banking operations in Sri Lanka will remain unaffected, as they are crucial for HSBC's global corporate clients and network [2][7] - The divestiture is part of HSBC's broader strategy to streamline operations and enhance efficiency, with a focus on core markets in Asia and the Middle East [4][5] Strategic Rationale - The decision to sell was based on a strategic review indicating that divestiture would be beneficial for HSBC, its employees, and customers [3] - The transaction is expected to be completed in the first half of 2026, pending regulatory approvals, and is anticipated to generate an immaterial pre-tax gain for HSBC [3] Operational Focus - HSBC is winding down several non-core operations across various regions, including the U.K., Europe, and the U.S., while maintaining a stronger presence in Asia and the Middle East [5] - The bank has also completed multiple divestments in countries such as the U.S., Canada, and France, among others [5] Market Performance - Over the past six months, HSBC shares have increased by 18.2%, which is lower than the industry's growth of 23.1% [6]