Key Takeaways HSBC has gained 18.3% so far in 2025, beating peers like UBS and MUFG, though trailing its industry. Asia-focused growth, streamlining efforts and strong capital returns have supported HSBC's momentum. Rising expenses and sluggish revenue growth can pressure HSBC's performance in the near term.HSBC Holdings plc (HSBC) shares have gained 18.3% so far this year, outperforming the S&P 500 Index’s 1.2% rise. While the stock has underperformed its industry’s growth of 22.2%, it has performed bett ...