HSBC Holdings PLC · LSE:HSBA
HSBC — Investor Day (September 2004)
15 slides from HSBC's investor day presentation, Sep 2, 2004
Slide 1: Managing for Growth in China
Managing for Growth in China David Eldon Chairman The Hongkong and Shanghai Banking Corporation Limited
Slide 2: Forward looking statements
Forward looking statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to the financial condition, results of operations and business of the Group. These forward-looking statements represent the Group’s expectations or beliefs concerning fu
Slide 3: China then and now
China then and now . . . • One country, many markets • High-end workshop for the world • WTO-influenced opening September 2004 3
Slide 4: Organic growth
Organic growth . . . • Continuous presence since 1865 September 2004 4
Slide 5: Organic growth: HSBC and Hang Seng branch network
Organic growth . . . • Continuous presence since 1865 • 40 Group offices, including 14 branches Branch Branch opening soon Representative office HSBC and Hang Seng branch network September 2004 5
Slide 6: Organic growth: localisation of staff
Organic growth . . . • Continuous presence since 1865 • 40 Group offices, including 14 branches • Localisation of staff September 2004 6
Slide 7: Organic growth: increasing profits, deposits and assets
Organic growth . . . NET PROFIT (RMB million) 324.7 • Continuous presence since 1865 156.1 119.3 • 40 Group offices, 2001 2002 2003 including 14 branches NET INTEREST INCOME (RMB million) 338.6 353.1 464.6 • Localisation of staff • Increasing profits, 2001 2002 2003 deposits and assets ASSETS (RMB b
Slide 8: Organic growth: name recognition among China elite
Organic growth . . . • Continuous presence since 1865 100% 99% 99% 95% 95% 88% 75% • 40 Group offices, including 14 branches • Localisation of staff • Increasing profits, BOC ICBC CCB HSBC HSBC Citi Standard Chartered deposits and assets Name recognition amongst ‘China elite’ • Most-recognised forei
Slide 9: Organic growth: usage of foreign banks
Organic growth . . . • Continuous presence since 1865 6% 6% • 40 Group offices, including 14 branches 2% 2% • Localisation of staff 1% 1% 1% • Increasing profits, HSBC HSBC Citi Standard Chartered Bank of America UBS ING deposits and assets Usage of foreign banks • Most-recognised foreign bank Sourc
Slide 10: Opportunistic growth
Opportunistic growth . . . September 2004 10
Slide 11: The latest and the largest
The latest and the largest . . . • Fifth largest domestic bank in China • Substantial footprint • Manageable size • Importing best-banking practices from Group • Joint venture beyond 19.9% stake • Cities with BoComm branches/sub-branches September 2004 11
Slide 12: Assuming the position for growth
Assuming the position for growth . . . ü q Top-tier clients ü q Mass-market consumers ü q Credit cards ü q Insurance ü q Corporate and investment banking ü q Asset management September 2004 12
Slide 13: China then
China then . . . • Originally just a trade story September 2004 13
Slide 14: China now and beyond
China now and beyond . . . • Increasingly a consumer story • Rapidly expanding middle/upper class • Top of HSBC’s ‘growth list’ September 2004 14
Slide 15: Managing for Growth in China
Managing for Growth in China HSBC <>