v3.26.1
Consolidated balance sheet - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and balances at central banks $ 227,800 $ 242,859
Hong Kong Government certificates of indebtedness 45,021 44,063
Trading assets 423,987 366,153
Financial assets designated and otherwise mandatorily measured at fair value through profit or loss 138,942 133,063
Derivatives 255,995 237,740
Loans and advances to banks 110,529 108,462
Loans and advances to customers 1,022,105 988,399
Reverse repurchase agreements – non-trading 311,871 298,392
Financial investments 604,759 567,211
Assets held for sale 22,732 11,115
Prepayments, accrued income and other assets 221,473 184,794
Current tax assets 1,199 864
Interests in associates and joint ventures 31,333 29,577
Goodwill and intangible assets 12,728 13,107
Deferred tax assets 7,687 7,235
Total assets 3,438,161 3,233,034
Liabilities    
Hong Kong currency notes in circulation 45,021 44,063
Deposits by banks 91,401 97,952
Customer accounts 1,827,703 1,786,828
Repurchase agreements – non-trading 276,266 204,974
Trading liabilities 86,363 72,122
Financial liabilities designated at fair value 173,751 158,456
Derivatives 254,662 237,854
Debt securities in issue 105,027 99,675
Liabilities of disposal groups held for sale 30,097 23,382
Accruals, deferred income and other liabilities 184,121 142,123
Current tax liabilities 3,561 3,037
Insurance contract liabilities 130,053 122,955
Provisions 2,942 3,441
Deferred tax liabilities 2,240 2,100
Subordinated liabilities 27,872 28,406
Total liabilities 3,241,080 3,027,368
Equity    
Called up share capital 8,592 8,588
Share premium account 245 111
Other equity instruments 23,708 20,716
Other reserves (3,449) (795)
Retained earnings 167,586 169,605
Total shareholders’ equity 196,682 198,225
Non-controlling interests 399 7,441
Total equity 197,081 205,666
Total liabilities and equity $ 3,438,161 $ 3,233,034