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HSBC HOLDINGS (00005.HK) Launches USD4B Credit Facility to Support Global Expansion of Mainland Sustainable Development Enterprises
2026-05-18 13:53:32 HSBC HOLDINGS (00005.HK) has launched a dedicated USD4 billion credit facility to support mainland enterprises engaged in sustainable development and transition technologies in their global expansion, including companies in clean power, data centers, electric vehicles and artificial intelligence. Group research shows that global electric vehicle sales will exceed 26 million units this year. Meanwhile, the International Energy Agency estimates that electricity consumption by data centers could nearly double by 2030. As part of the new facility program, HSBC HOLDINGS will extend credit tenors for eligible enterprises, streamline credit approval processes and formulate customized solutions. (mn/a)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |