FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： HSBC Holdings plc 滙豐控股有限公司 呈交日期： 2025年9月11日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00005 | 說明 | 普通股(每股0.50美元) | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股 ...

Core Viewpoint - HSBC's multi-asset strategist team is increasing equity holdings due to strong economic activity data contrasting with weak U.S. employment data [1] Economic Activity - Recent high-frequency data indicates a rebound in global manufacturing and U.S. consumer activity, supporting both stock earnings and valuations [1] Federal Reserve Policy - A weak labor market is expected to trigger interest rate cuts by the Federal Reserve, which will broaden the scope of stock market gains [1] Credit Market Strategy - The team is reducing its overweight position in high-yield credit bonds, as the market has priced in nearly six rate cuts by the Federal Reserve before December next year [1] - Even slight increases in credit spreads or short-term yields could lead to flat or negative returns [1] Equity Market Positioning - The team has ended its underweight stance on Japanese stocks, finding bank stocks attractive due to reduced growth risks from recent U.S.-Japan trade agreements [1] - The team holds an overweight position in equities, high-yield credit bonds, and emerging market rates, while maintaining an underweight stance in investment-grade credit bonds and developed market sovereign bonds [1]

格隆汇9月10日丨汇丰控股(00005.HK)发布公告，2025年9月9日耗资1.53亿港元回购149.76万股，回购价 格每股101.7-102.4港元。 同日，公司耗资2150.53万英镑回购221.82万股，每股回购价9.642-9.76英镑。 ...

智通财经APP讯，汇丰控股(00005)发布公告，于2025年9月9日，该公司斥资1.53亿港元回购149.76万 股。 ...

汇丰控股(00005)发布公告，于2025年9月9日，该公司斥资1.53亿港元回购149.76万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： HSBC Holdings plc 滙豐控股有限公司 呈交日期： 2025年9月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 00005 | 說明 | 普通股(每股0.50美元) | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股 ...

Question-and-Answer SessionOkay. It's been a year since George took over as CEO, almost a year since you were appointed. Can you reflect on what's been done and what there is to do from here?Manveen KaurGroup CFO & Executive Director Thanks, Aman. We've made a strong start in terms of our priorities, so fundamentally to refocus the business and to invest for growth. And the 4 key businesses that we have elevated in our franchise, Hong Kong, U.K., Wealth and CIB are all progressing well. They've had good abo ...

Investors looking for stocks in the Banks - Foreign sector might want to consider either HSBC (HSBC) or HDFC Bank (HDB) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Sty ...

Summary of HSBC FY Conference Call - September 09, 2025 Company Overview - **Company**: HSBC Holdings plc (NYSE: HSBC) - **Focus**: Banking and financial services with a strong emphasis on wealth management, commercial banking, and corporate investment banking (CIB) Key Points Strategic Focus and Business Performance - HSBC has refocused its business strategy under the new CEO, emphasizing growth in four key areas: Hong Kong, UK, Wealth Management, and CIB [1][2] - The company aims to simplify operations and reduce costs by eliminating duplicate expenses and exiting non-strategic businesses [2] - HSBC is on track to achieve $1.5 billion in cost savings from simplification by the end of 2026, with an accelerated benefit expected in 2026 [3][8] Financial Performance - HSBC reported an 18% return on tangible equity at the half-year mark, with all four key business segments achieving mid-teens returns or better [9][11] - Trade fees grew by 4% year-on-year, although trade remains a small contributor to overall revenues; the main revenue drivers are payments and foreign exchange (FX) [9][10] - The wealth management segment saw a revenue growth of 22% in Q2, primarily driven by strong inflows in Asia, particularly Hong Kong [29][34] Market Conditions and Growth Outlook - The operating environment is characterized by divergent growth trends and geopolitical complexities, but HSBC remains optimistic about its growth trajectory [9][10] - Loan growth has been subdued due to customer hesitance in capital expenditures, but there are pockets of growth in targeted sectors like new energy and biotech [17][18] - The company anticipates that asset growth will improve as macroeconomic conditions stabilize [18] Risk Management and Asset Quality - HSBC has increased its expected credit loss (ECL) guidance to approximately 40 basis points, primarily due to challenges in the Hong Kong commercial real estate market [42][43] - The residential real estate market in Hong Kong has shown signs of recovery, while commercial real estate faces structural issues [43][44] - The bank maintains a strong capital position, with 95% of its exposure to large developers rated investment grade [46] Capital Returns and Shareholder Value - HSBC has executed a series of share buybacks at a rate of approximately $1 billion per month, supported by a strong capital generation capacity [55][56] - The bank aims for a dividend payout ratio of 50% and remains focused on organic growth and strategic acquisitions [56][57] Regulatory Environment and Future Investments - HSBC is optimistic about potential deregulation in the UK and the U.S., which could enhance growth opportunities in the financial services sector [63][65] - The bank emphasizes the importance of predictable regulatory environments for sustainable business operations [65][66] Wealth Management Strategy - HSBC is focused on expanding its wealth management services, targeting market share gains and increasing the number of relationship managers [30][35] - The bank aims to double its premier customer base and achieve $100 billion in net new invested assets [32][53] Additional Insights - HSBC's strong deposit growth of 5% year-on-year, amounting to $83 billion, reflects its solid customer base and market position [13][15] - The bank is leveraging technology and AI to enhance productivity and streamline operations, aiming for higher efficiency without proportional increases in headcount [54] This summary encapsulates the key insights and strategic directions discussed during the HSBC FY Conference Call, highlighting the company's performance, growth strategies, and market outlook.

Core Insights - HSBC's oil market model predicts OPEC+ will gradually unwind 1.65 million barrels per day in voluntary production cuts over a 12-month period [1] - OPEC+ has decided to increase oil production by 137,000 barrels per day in October, ahead of schedule, despite expectations of a supply glut [2] - Analysts at Commerzbank have lowered their Brent price forecast for the coming year to $65 per barrel due to anticipated oversupply [3] Group 1: OPEC+ Production Decisions - HSBC's latest model indicates a phased unwinding of 1.65 million barrels per day in production cuts by OPEC+ [1] - OPEC+ has opted to increase production by 137,000 barrels per day in October, surprising analysts amid expectations of a winter supply glut [2] Group 2: Market Reactions and Price Forecasts - Commerzbank has revised its Brent price forecast down to $65 per barrel from $70, citing oversupply concerns [3] - As of the latest report, Brent crude rose to $66.49 per barrel, while U.S. West Texas Intermediate crude increased to $62.75 per barrel [4]