1、 Disclosures&Disclaimer This report must be read with the disclosures and the analyst certifications in the Disclosure appendix,and with the Disclaimer,which forms part of it.Issuer of report:HSBC Bank plc View HSBC Global Investment Research at:https:/ Click to viewHSBC Funding the Future SurveyCon

2、fidence Crunch We take a deep dive into stablecoins,and explore the wider digital assets landscape We look at the impact of ageing of populations around the world,and the outlook for humanoid robots Plus,we assess the impact of US tariffs across regions and sectors,and eye funding for the climate tr

3、ansition Welcome to Talking Points,Global Investment Researchs monthly look at the key reports covering our nine themes and areas of strength such as sustainability.In this months edition we take a deep dive into stablecoins,and explore the wider digital assets landscape.In demographics,we look at a

4、geing populations and the fiscal dilemma facing governments around the world.In automation,we consider who will win the humanoid robots race.We examine tariff impacts on different sectors and regions,and what it means for trade and growth.We look at Chinese competition in the European car market,and

5、 consider whether the electric vehicle battery sector is about to see a supply-side boost.And our sustainability and data science teams assess how the USD1.6trn venture capital market could help fund the climate transition.Want to find out more about our themes?Subscribe to this periodical here.Read

6、 our Guide to HSBC Global Investment Research.Why do stablecoins matter?We explore opportunities and risks.Read:A stablecoins explainer and Digital assets in Hong Kong;watch our stablecoins video Whats the future of digital money?Major economies have different visions of what should be the centrepie