HSBC Holdings PLC is marketing high-risk loans from its subsidiary, Hang Seng Bank, to external investors. Debt investors have reviewed the portfolio in recent months as the bank seeks to enhance liquidity and manage its investment holdings.

Negotiations face hurdles as private bond funds demand substantial discounts on the assets. HSBC stated that the move aligns with its strategy to manage risk while maintaining client support.

Separately, the company issued routine conditional share awards to employees. The awards were granted under HSBC’s international share purchase plan.