HSBC Holdings (HSBC) has delivered the world's first empirical evidence that current quantum computers can solve real-world algorithmic trading problems. This event marked a significant breakthrough for the banking giant's technological capabilities. Working alongside IBM (IBM), Europe's largest lender achieved a 34% improvement in predicting bond trade execution probability compared to traditional classical computing methods. More News from Barchart The quantum-enhanced system successfully optimized co ...

Core Insights - Swift is collaborating with Consensys and a consortium of over 30 global banks to integrate a blockchain-based shared ledger into its technology stack, enabling direct recording, sequencing, and validation of financial transactions [1][2] - The initiative aims to enhance real-time, 24/7 cross-border payments, with the architecture and governance shaped by feedback from participating banks [3][4] Group 1: Consortium and Collaboration - The consortium includes major global banks such as JPMorgan Chase, Bank of America, Deutsche Bank, HSBC, and others from 16 countries [2] - Swift has engaged Consensys to develop a conceptual prototype focusing on cross-border payments [3] Group 2: Technological Features - The shared ledger will serve as a secure, real-time transaction log, utilizing smart contracts to enforce rules [4] - Interoperability is a key design priority, ensuring compatibility with both private and public distributed ledger networks and existing fiat systems [4] Group 3: Strategic Vision - Swift's CEO emphasized the initiative as a step towards creating the future infrastructure for financial institutions, enhancing the payments experience [5] - The project is part of a broader digital transformation strategy within the financial industry [5] Group 4: Previous Initiatives - Swift, UBS Asset Management, and Chainlink completed a pilot project for settling tokenized fund subscriptions and redemptions, integrating digital asset transactions with traditional fiat systems [6][7]

Core Insights - HSBC Asset Management has launched a private credit strategy aimed at providing investors access to global trade finance opportunities [1][2] - The new Trade and Working Capital Solutions strategy was developed in collaboration with HSBC's Global Trade Solutions business, enhancing its access to new deal flow and existing assets [2][3] Investment Strategy - The strategy will have a global mandate, focusing on a diverse portfolio of short-term trade finance and working capital assets, managed by HSBC AM's Capital Solutions team [3] - The introduction of this strategy is timely, as shifting global trade dynamics are increasing demand for trade finance [3] Market Position - HSBC's extensive coverage includes over 50 markets, with access to 85% of global trade flows and more than 5,000 working capital specialists [4] - Trade assets are recognized as a growing asset class that institutional investors are eager to access [4] Industry Context - Trade finance is becoming a crucial growth engine for firms navigating a volatile macro environment, providing liquidity and risk mitigation [5] - HSBC's TradePay for Import Duties, launched in May, has made $2.3 billion of trade finance available globally since its introduction in 2023 [6]

Core Viewpoint - The launch of Hong Kong's cross-boundary bond repurchase (repo) scheme aims to enhance the Bond Connect initiative, encouraging international investors to trade in yuan-denominated mainland bonds [1][2]. Group 1: Scheme Details - The cross-boundary bond repo scheme allows all overseas institutional investors participating in the onshore bond market, including those using the Bond Connect scheme, to engage in onshore repo business and remit yuan for offshore use [2]. - The initiative is a collaboration between the Hong Kong Monetary Authority (HKMA) and the People's Bank of China, along with other mainland authorities [1]. Group 2: Market Impact - The new measure is expected to bolster offshore yuan liquidity in Hong Kong, increase overseas investors' interest in yuan assets, and promote diversified development of offshore yuan businesses [3]. - Transactions by HSBC and Standard Chartered indicate growing investor confidence in China's capital market liberalization and reinforce Hong Kong's status as a leading offshore yuan hub [4]. Group 3: Investor Engagement - HSBC has completed trades with onshore financial institutions to secure yuan funding through the new repo scheme, reflecting active participation in the market [5]. - Overseas investors from regions such as Asia, the Middle East, and the UK are leveraging enhanced access to onshore yuan markets, attracted by Hong Kong's strengths in yuan risk management and financing [7].

格隆汇9月29日丨汇丰控股(00005.HK)发布公告，2025年9月26日耗资1.53亿港元回购143.84 万股，回购 价格每股105.7-106.7港元。 ...

汇丰控股(00005)公布，2025年9月26日于伦敦证券交易所耗资约2216.1万英镑回购约214.01万股股份， 于港交所耗资约1.53亿港元回购143.84万股股份。 ...

智通财经APP讯，汇丰控股(00005)公布，2025年9月26日于伦敦证券交易所耗资约2216.1万英镑回购约 214.01万股股份，于港交所耗资约1.53亿港元回购143.84万股股份。 ...

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29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 - Morgan Stanley has set a target price of HKD 122 for HSBC Holdings (00005) and maintains an "Overweight" rating, indicating potential upside for the stock due to capital release benefits outweighing potential increases in credit costs [1] Group 1: Company Actions - HSBC has instructed its subsidiary Hang Seng Bank (00011) to dispose of non-performing loans within its Hong Kong commercial real estate (CRE) portfolio [1] Group 2: Financial Implications - Morgan Stanley's sensitivity analysis indicates that potential increases in credit costs for HSBC could be 6 basis points in 2025, or an annualized increase of 13 basis points in the second half of 2025, which would reduce HSBC's earnings for the fiscal year 2025 by 1.6% [1] - The disposal of non-performing loans could lead to a capital release of approximately USD 1.3 billion due to expected loss excess [1] - Even considering potential earnings decline, the net impact on the core Tier 1 capital ratio could be an increase of 12 basis points, enhancing the capacity for share buybacks [1]

Core Viewpoint - Morgan Stanley has set a target price of HKD 122 for HSBC Holdings and maintains an "Overweight" rating, indicating potential upside for the stock due to capital release benefits outweighing the potential rise in credit costs [1] Group 1: Company Actions - HSBC has instructed its subsidiary Hang Seng Bank to dispose of non-performing loans within its Hong Kong commercial real estate portfolio [1] Group 2: Financial Implications - Sensitivity analysis by Morgan Stanley indicates that potential credit cost increases for HSBC could be 6 basis points in 2025, or an annualized increase of 13 basis points in the second half of 2025, which may reduce HSBC's earnings for the fiscal year 2025 by 1.6% [1] - The disposal of non-performing loans could lead to a capital release of approximately USD 1.3 billion due to expected loss provisions [1] - Even considering potential earnings decline, the net impact on the core Tier 1 capital ratio could be an increase of 12 basis points, enhancing the capacity for share buybacks [1]