Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 76

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 76
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 subsidiaries, including equity and non-equity capital. These investments are funded by HSBC Holdings’ own equity capital and MREL-eligible debt. HSBC Holdings seeks to maintain a prudent balance between the composition of its capital and its investments in subsidiaries. MREL includes own funds and liabilities that can be written down or converted into capital resources in order to absorb losses or recapitalise a bank in the event of its failure. As a matter of long-standing policy, HSBC Holdings retains a substantial holdings capital buffer comprising cash and other high- quality liquid assets, which we seek to manage within our target operating range of $19bn to $24bn. For a description of our resolution groups and approach to stress testing and resolution planning, see pages 201 and 202 of the Annual Report and Accounts 2024. Ñ For details on ‘Regulatory developments’, see our Pillar 3 Disclosures at 30 June 2025, which is expected to be published on or around 6 August 2025, at www.hsbc.com/investors. Measurement of interest rate risk in the banking book processes A summary of our risk management approach and processes is set out on page 202 of our Annual Report and Accounts 2024. Ñ For further details, see the ‘Economic value of equity and net interest income sensitivity’ section in our Pillar 3 Disclosures at 30 June 2025, which is expected to be published on or around 6 August 2025, at www.hsbc.com/ investors. Capital risk in the first half of 2025 Capital overview

| Capital and liquidity adequacy metrics     |            |            |
|                                            |         At |            |
|                                            | 30 Jun2025 | 31 Dec2024 |
| Risk-weighted assets (‘RWAs’) ($bn)        |            |            |
| Credit risk                                |      703.6 |      657.9 |
| Counterparty credit risk                   |       41.4 |       37.7 |
| Market risk                                |       32.5 |       36.2 |
| Operational risk                           |      109.4 |      106.5 |
| Total RWAs                                 |      886.9 |      838.3 |
| Capital on a transitional basis ($bn)      |            |            |
| Common equity tier 1 capital               |      129.8 |      124.9 |
| Tier 1 capital                             |