HSBC HOLDINGS(HK:00005) Zheng Quan Ri Bao Wang·2025-12-04 03:49Core Points - HSBC China has launched a new financial service brand, "HSBC Sci-Tech Finance," aimed at supporting innovative enterprises in China with a total of $1.5 billion in credit funds [1] - The initiative represents a strategic move by foreign banks to enhance technology finance and leverage cross-border service experience to boost the international competitiveness of Chinese sci-tech companies [1] - The HSBC Sci-Tech Finance team will utilize global resources and expertise to support innovation in sectors such as technology, life sciences, and healthcare, focusing on startups and high-growth companies backed by venture capital or private equity [1] Financial Support Details - HSBC will provide comprehensive financial services tailored to the characteristics of light-asset and innovative business models of sci-tech enterprises, including assessments of core technologies, patent barriers, and market prospects [1] - In addition to the $1.5 billion in credit, HSBC will offer support covering operational capital, capital expenditures, treasury management, and financing arrangements throughout the lifecycle of the enterprises [1] Industry Insights - The President and CEO of HSBC China, Wang Yunfeng, highlighted that China's vibrant innovation ecosystem has given rise to a number of global leading companies in emerging industries [2] - As technological innovation accelerates over the next five years, Chinese enterprises are expected to enhance their innovation capabilities, leading to more breakthroughs and the emergence of future industries [2] - By focusing on "technology finance," foreign banks can utilize cross-border resources to support more small giants, unicorns, and leading enterprises, facilitating the global expansion of Chinese innovation and manufacturing [2]