HSBC HOLDINGS(HK:00005) Zhong Guo Xin Wen Wang·2025-12-03 08:56Core Viewpoint - HSBC Bank (China) Limited has launched "HSBC Innovation Finance," the first financial service brand focused on serving technology innovation enterprises in mainland China, with a total of $1.5 billion in credit funds to support these companies [1][2]. Group 1: Financial Support for Innovation Enterprises - HSBC will provide comprehensive financial services tailored to the characteristics of light-asset and innovative business models of technology innovation enterprises, including operational funds, capital expenditures, treasury management, and financing arrangements [1]. - The financial support is aimed at startups and high-growth companies backed by venture capital or private equity, focusing on sectors such as technology, life sciences, and healthcare [1]. Group 2: Strategic Importance of Innovation - The rapid development of technology innovation is becoming a driving force for high-quality economic growth in China, with an emphasis on "going global" for innovative enterprises [1]. - HSBC's President and CEO, Wang Yunfeng, highlighted that the vibrant innovation ecosystem in China has birthed a number of global leading companies in emerging industries, and the next five years will see an acceleration in the innovation capabilities of Chinese enterprises [2]. Group 3: Global Expertise and Resources - "HSBC Innovation Finance" is part of HSBC Group's strategy following its acquisition of the UK subsidiary of Silicon Valley Bank, and it boasts a team of over 900 innovation finance experts globally, covering active innovation markets such as China, the UK, the US, Singapore, and India [2].