HSBC Asian growth plan targets mass affluent


Bigger picture: Tucker speaks at a forum in Shanghai. The HSBC chairman says being global is how the group generates a significant portion of its revenue and is central to its whole strategy, and with South-East Asia set for further growth. — Bloomberg

SINGAPORE: London-headquartered banking group HSBC is carving out a bigger role for Singapore as a regional hub as it expands in Asia.

The city-state is earmarked to receive funds from a US$6bil (RM28bil) investment to drive its Asian growth between 2021 and 2026.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Reading the market signals
Urban harmony: Can stakeholders row together?
Breathing new life into forgotten spaces
FROM BANGSAR TO BEYOND
Asia to lead next AI wave
Luxury real estate trends in 2026
China’s gold rush continues
SC Estate Builder’s hotel acquisition under scrutiny
Department stores bet on experiences
Jakarta set to rise

Others Also Read