Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
HSBC Q1/2026 profit comes under pressure despite resilient revenue growth
📌 HSBC reported Q1/2026 revenue of $18.62 billion, up 6% year over year and slightly above market expectations. The main support came from net interest income, Wealth, and core banking activities across Hong Kong, the UK, and CIB.
⚠️ The negative market reaction came from pre-tax profit of $9.37 billion, below the expected $9.59 billion. The main drag was ECL rising to $1.3 billion, including exposure linked to UK fraud and additional provisions as Middle East tensions weakened the global economic outlook.
📉 HSBC shares in Hong Kong fell by around 4%, showing that investors are focusing more on credit risk than revenue growth. This is not a broad deterioration signal, but it does show how geopolitics is starting to feed directly into bank earnings.
🔎 HSBC still kept RoTE above 17% and maintained its medium-term target, but the short-term outlook will depend on Middle East developments, oil prices, and how well the bank controls provisions in the coming quarters.
#BankingInsights