Interim Report - 9 of 24

RNS Number : 2011X

HSBC Holdings PLC

26 August 2015

Asia

Our principal banking subsidiaries in Hong Kong are The Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank Limited. The former is the largest bank incorporated in Hong Kong and is our flagship bank in Asia. We offer a wide range of banking and financial services in mainland China through our local subsidiaries, HSBC Bank (China) Company Limited and Hang Seng Bank (China) Limited. We also participate indirectly in mainland China through our associate, Bank of Communications. Outside Hong Kong and mainland China in Asia, we conduct business in 18 countries and territories, with particularly strong coverage in Australia, India, Indonesia, Malaysia, Singapore and Taiwan.
	Half-year to
	30 Jun	30 Jun	31 Dec
	2015	2014	2014
	$m	$m	$m

Net interest income	6,060	6,090	6,183
Net fee income	3,291	2,966	2,944
Net trading income	1,779	1,329	1,293
Other income	2,935	1,722	1,150

Net operating income¹⁵	14,065	12,107	11,570

LICs	(246)	(216)	(431)

Net operating income	13,819	11,891	11,139

Total operating expenses	(5,457)	(5,009)	(5,418)

Operating profit	8,362	6,882	5,721

Income from associates	1,038	1,012	1,010

Profit before tax	9,400	7,894	6,731

Loans and advances to customers (net)	371,639	362,387	362,955
Customer accounts	599,940	570,221	577,491
RoRWA	3.8%	3.4%	2.7%
Cost efficiency ratio	38.8%	41.4%	46.8%
Period-end staff numbers	120,588	115,111	118,322

For footnote, see page 56.

Country view of adjusted revenue