Who HSBC buys from and sells to
London-listed global bank earning most of its profit in Hong Kong and Asia: deposits, trade finance, wealth.
Buys from 0
None recorded
Sells to 2
- Hong Kong householdsdeposits, mortgages and wealth products
- Multinational corporationstrade finance, cash management and FX
Where the chain could break
- Hong Kong is its largest profit centre; Hong Kong property and China CRE drive credit losses
- Caught between US and Chinese regulators on sanctions and geopolitics
- Hang Seng Bank buyout deepens the Hong Kong concentration
Competes with
- CitigroupCcross-border transaction banking
- JPMorganJPMcorporate banking and markets
- Standard CharteredAsian and emerging-market corporate banking
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.