HSBC Holdings PLC · LSE:HSBA
HSBC — CLSA Investors' Forum 2012
21 slides from HSBC's conference presentation, Sep 10, 2012
Slide 1: CLSA Investors' Forum
CLSA Investors' Forum Anita Fung, Chief Executive Officer, Hong Kong 10 September 2012
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 f
Slide 3: Agenda
Agenda Financial highlights: Hong Kong and Rest of Asia-Pacific Section 1 Macroeconomic environment Section 2 Hong Kong strategic priorities Section 3 A leading bank for RMB internationalisation Section 4 Capacity for sustainable growth in Hong Kong Section 5 3
Slide 4: Financial highlights: Hong Kong and Rest of Asia-Pacific
Financial highlights: Hong Kong and Rest of Asia-Pacific
Slide 5: HSBC in Asia – 1H12 financial highlights
HSBC in Asia – 1H12 financial highlights PBT, 1H12 (USDbn, reported) Financial highlights HK RoAP Asia % v 1H11 Net operating income2 6.1 5.9 12.1 12 (USDbn) Rest of Asia-Pacific 3.8 Hong Kong 4.4 Loan impairment (0.03) (0.30) (0.33) 164 charges (USDbn) Loans and advances 166 130 296 53 (gross) (USD
Slide 6: Asia-Pacific: strategic direction
Asia-Pacific: strategic direction Connecting Asia and the world Expand leadership in Maintain leadership in 1 2 Build scale in other key markets 3 Greater China connectivity Maintain leadership in Hong Kong Continue to invest to build scale Be the leading international bank for Continued lea
Slide 7: Macroeconomic environment
Macroeconomic environment
Slide 8: Asia economy
Asia economy Moderation in regional GDP growth due to milder GDP (%) 2010 2011 2012F 2013F export growth and falling consumer demand China 10.4 9.2 8.0 8.3 Hong Kong 7.1 5.0 2.5 4.5 Further risks to growth – European instability, lacklustre US recovery, inflationary uncertainty India 8.4 6.5 6.4
Slide 9: China/Hong Kong economic outlook
China/Hong Kong economic outlook China: Economy slowing, not faltering Hong Kong: Moderating GDP growth % y-o-y % y-o-y (%) % y-o-y HSBC forecast % q-o-q semi-annual 20 8.0 3.5 7.0 3.0 15 6.0 2.5 5.0 2.0 1.5 10 4.0 1.0 3.0 0.5 5 2.0 0.0 1.0 (0.5) 0 0.0 (1.0) 03 04 05 06 07 08 09 10 11 12 1Q11 2Q11 3
Slide 10: Hong Kong strategic priorities
Hong Kong strategic priorities
Slide 11: Hong Kong strategic priorities
Hong Kong strategic priorities Developing opportunities arising from increased China wealth Capturing the connectivity Tapping into mainland Chinese enterprises “going out” Capturing business arising from HK and international companies “going into China” Leading RMB Leveraging HK’s strategic
Slide 12: Rise of China: Significant economic benefits for Hong Kong
Rise of China Significant economic benefits for Hong Kong People Trade High net worth individuals (ie. individuals with China is the largest exporting country wealth over RMB10m) in China reached 1.2m USD1.9trn total exports in 20113 by the end of 2011, with a five-year average By 2020, tota
Slide 13: Connecting Guangdong globally through Hong Kong
Connecting Guangdong globally through Hong Kong Guangdong and Hong Kong in context Opportunity for HSBC Guangdong importance to China, 11% of GDP, Guizhou 9% of population1 An average of 11.5% annual GDP growth over the Guangdong past 5 years1 Guangzhou Guangxi Dongguan Financial hub and forei
Slide 14: The evolution of Hong Kong as a financial centre
The evolution of Hong Kong as a financial centre Financial sector’s contribution to GDP1 2005-2010 average annual growth: 9% vs. 4% growth rate of GDP A good place to do business HKDbn % A mature and competitive financial industry1: 2,000 15.2 15.4 18 12.7 16 – Currently 153 fully licensed banks i
Slide 15: Hong Kong contribution to Group performance
Hong Kong contribution to Group performance 1H12 PBT contribution from faster growing regions 1H12 PBT contribution by Global Business (USDm, reported) (USDm, reported) 1H 12 Group PBT: Retail Banking and Commercial Banking 4,372 Wealth Management1 USD12.7bn 214 381 1,753 1,001 3,761 3,742 (27%) 682
Slide 16: A leading bank for RMB internationalisation
A leading bank for RMB internationalisation
Slide 17: Harnessing the opportunity as a leading bank for RMB internationalisation
Harnessing the opportunity as a leading bank for RMB internationalisation A Global A Global A Global 1 Trading Currency 2 Investment Currency 3 Reserve Currency June 2009 July 2010 Accepted across world: Pilot launch of cross-border RMB trade Establish the offshore RMB (CNH2) market in HK Fo
Slide 18: Hong Kong's global RMB leadership
Hong Kong’s global RMB leadership 5% RMB Deposits Dec 2010 Dec 2011 June 2012 87% in Hong Kong1 RMB315bn RMB588bn RMB558bn (vs. Dec 2011) RMB Trade Settlement 2010 2011 1H 2012 51% 5x HK ↔ Mainland China1 RMB369bn RMB1,941bn RMB1,210bn (Y-o-Y) RMB Trade Settlement 2010 2011 1H 2012 147%
Slide 19: Capacity for sustainable growth in Hong Kong
Capacity for sustainable growth in Hong Kong
Slide 20: Capacity for sustainable growth in HK
Capacity for sustainable growth in HK Hong Kong is a sound and dynamic financial centre Hong Kong is a critical element of the Group Strong performance in 1H12 Good progress in achieving key strategic priorities across Global Businesses Focused on growth opportunities in a challenging envi
Slide 21: Contacts and further information
Contacts and further information Hugh Pye Guy Lewis Head of Investor Relations, Asia-Pacific Senior Manager, Investor Relations [email protected] [email protected] +852 2822 4908 +44 (0) 207 992 1938 Bloomberg / Website HSBA LN <EQUITY> <GO> HSBC <CORP> <GO> www.hsbc.com/1/2/investor-relations 21