The $13 trillion repo market is being quietly rewritten by blockchain.

A blockchain revolution is unfolding in key areas beyond the public's view.

ForesightMay 13 15:57

The HKMA and the IA join hands to promote cross-sector background check arrangements.

The Hong Kong Monetary Authority (HKMA), in collaboration with the Insurance Authority, the Hong Kong Association of Banks, the Hong Kong Federation of Insurers, the Hong Kong Confederation of Insurance Brokers, and the Hong Kong Professional Insurance Brokers Association, jointly organized an industry exchange session on the 'Inter-sectoral Background Check Arrangements between the Banking and Insurance Industries.' Norman Chan, Deputy Chief Executive of the Hong Kong Monetary Authority, stated that the recently published Global Financial Centres Index report once again affirmed Hong Kong’s position and advantages as a leading international financial hub. As customer expectations continue to rise, whether employees of financial institutions adhere to integrity and good conduct while upholding a 'customer-centric' corporate culture directly impacts clients' confidence—and even the broader public’s trust—in the financial services industry. Looking back at the banking sector

AASTOCKSMay 13 15:18

HSBC HOLDINGS To Go Ex-Dividend On May 14th, 2026 With 0.78359 HKD Dividend Per Share

May 13th (Beijing Time) - $HSBC HOLDINGS(00005.HK)$ is trading ex-dividend on May 14th, 2026.Shareholders of record on May 15th, 2026 will receive 0.78359 HKD dividend per share on June 26th, 2026.

Futu NewsMay 13 09:00

Private-Credit Blowup Leaves $1.7 Billion Missing, Six Ferraris Found -- WSJ

WSJMay 13 01:15

Citi slightly raised its target price for HSBC (00005.HK) to HKD 156.7 and increased its earnings forecast.

Citi issued a research report stating that, based on HSBC's (00005.HK) first-quarter performance and the recent market rally driving growth in wealth management and personal banking (IWPB) investment assets and revenue forecasts, it has updated its earnings projections by raising its 2026 to 2028 earnings per share forecasts by 1% to 2%. The bank expects HSBC's revenue to grow at an average annual rate of 5% from 2026 to 2028, aligning with management's target of achieving 5% growth by 2028. The return on tangible equity (RoTE) is projected to reach 18% to 20%, surpassing the 17% target. Citi has also slightly raised its net interest income forecast for HSBC’s banking operations by 0% to 1% for 2026.

AASTOCKSMay 12 11:08

HSBC Holdings plans to issue perpetual subordinated contingent convertible securities with a total value of 1.5 billion US dollars.

Gelonghui, May 12th ─ HSBC Holdings (00005.HK) announced that the company plans to issue US$1.5 billion worth of 6.75% perpetual subordinated contingent convertible securities (redeemable during any optional redemption period) (ISIN US404280FR58) (“Relevant Securities”) on May 18, 2026 (“Issue Date”). It is expected that the Relevant Securities will be included in the official list of the Global Exchange Market operated by Euronext Dublin (“Euronext Dublin”) and traded within 30 days after the Issue Date.

Gelonghui FinanceMay 12 08:04