From its growing consumer base to the rapid rate of digital transformation, expanding your business across ASEAN offers exciting opportunities. You need a partner with an extensive network to help you scale with the full suite of tailored services including access to capital, easy cross-border transactions, advisory services, and more.
We make achieving your ASEAN business growth strategies easier with:
Leverage HSBC TradePay, a simplified, digital trade finance solution that empowers you to draw your loan and make just-in-time payments to suppliers immediately.
Across ASEAN, we offer innovative trade finance solutions that help businesses effectively manage and mitigate risks, improve cash flow and optimise their trade operations. Our solution range includes supply chain finance, receivables finance, trade loans, guarantees and letters of credit.
Simplify your collections with HSBC Business Collect, a one-stop, cost-effective solution for your in-store, eCommerce and bill payment needs. Improve customer experience by enabling multiple payment channels and facilitating sales reconciliations and performance tracking.
Harness HSBC’s extensive regional experience. Benefit from local insights, dedicated support, and comprehensive market research for a competitive advantage in ASEAN markets.
We’ve received recognition from leading publications in the financial industry which speaks to our track record as a global bank and the success of our strategy.
HSBC has been in Hong Kong for over 155 years and ASEAN for over 130 years. We have long served the international banking needs of multinational customers from both regions. In 2023, ASEAN was Hong Kong’s second largest trading partner¹. Hong Kong’s strategic advantages and strong economic ties position it as a vital link between ASEAN and mainland China, fostering a dynamic and interconnected business landscape that extends beyond these regions.
Hong Kong serves as a super-connector between the GBA and ASEAN. The city has strong global expertise through professional services that combine extensive knowledge of ASEAN with deep understanding of mainland China markets. In addition, Hong Kong’s robust legal system is well suited to supporting businesses from mainland China and other common law jurisdictions in ASEAN.
The Shenzhen-Hong Kong-Guangzhou science and technology cluster was ranked as the world’s second-best in terms of performance².
Hong Kong’s strength in tech financing as an international financial centre, combined with the cluster’s deep talent pool, technological advancements and supporting infrastructure, creates an ecosystem conducive to the success of innovative businesses looking to thrive in the digital economy in the region.
Hong Kong has emerged as a regional green finance hub backed by government incentive policies and vibrant market activity.
There were 219 ESG funds with a total AUM of USD169.6 billion as of end of 2023³. Hong Kong serves as a valuable partner for businesses seeking opportunities in green finance and sustainable investments in Asia.
Well-known for its friendly business environment rooted in free trade and open markets, a simple and favourable tax regime and a location that is ideally situated to facilitate expansion into Asia, Hong Kong is the ideal gateway to ASEAN’s fast-growing markets.
Download the latest corridor reports to learn more about the opportunities between ASEAN and specific regions.
The Association of Southeast Asian Nations (ASEAN), established in 1967, promotes regional cooperation and integration. It drives economic growth and stability in Southeast Asia, with a combined GDP of over $3 trillion. ASEAN consists of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, forming a vibrant market for economic development.
