又一家外资银行入局公募基金托管业务

Group 1 - HSBC China has successfully launched its first local public fund custody business in China, marking a significant expansion in the custody services offered by foreign banks [2][4] - The custody services provided by HSBC include fund clearing, asset valuation, and compliance supervision for the E Fund's Hong Kong Stock Connect Consumer Mixed Securities Investment Fund, which is the first domestic public fund product managed by a foreign bank [4][5] - HSBC's entry into the public fund custody sector is seen as a strategic move to support local funds in global asset allocation and to enhance the development of China's capital market [4][6] Group 2 - As of November 2025, there are 165 domestic public fund management institutions in China, with a total net asset value of 37.02 trillion yuan, highlighting the growing importance of custody services in the asset management ecosystem [7] - The entry of foreign banks into the fund custody market has accelerated, with five foreign banks, including HSBC, Standard Chartered, Citibank, BNP Paribas, and Deutsche Bank, having obtained custody qualifications [7] - The collaboration between HSBC China and E Fund is viewed as a significant step towards enhancing the openness and diversification of the public fund custody market in China [7]