The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Hong Kong

Best bank
HSBC Best equities house

Best debt house

Best M&A house
Morgan Stanley

HSBC dominates Hong Kong?s banking market. Even excluding subsidiary Hang Seng Bank, HSBC is the largest bank in the debt market, the largest provider of trade services, largest in Hong Kong cash management and payment services, and the largest sub-custodian and fund administrator. Over 70% of Hong Kong?s adult population holds an account with HSBC.

Despite its size, HSBC increased operating profit from Hong Kong in 2003 and grew its loan book by 8.3%. In its personal financial services division, structured products grew by 91%, and open-ended fund sales by 78%. Its credit card business also grew strongly, with the loan book up 16%. The life insurance business enjoyed a 71% increase in new regular premiums and the bank receives an average of HK$700 million ($90 million) a month in new Mandatory Provident Fund contributions.

With the equity markets coming back strongly in late 2003 and early 2004, it proved to be a busy period for Hong Kong?s investment bankers.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree