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Issuer of report: HSBC Bank plc 8 Canada Square, London, E14 5HQ United Kingdom Telephone: +44 20 7991 8888 Fax: +44 20 7992 4880 Main contributors Davey Jose* Thematic Analyst, Disruptive Technologies HSBC Bank plc davey.jose@hsbcib.com +44 20 7991 1489 Davey Jose is a thematic analyst for disruptive technologies in HSBC Global Research, bringing a multi-disciplinary approach to interpreting the wider economy. Davey has over 16 years of experience in the financial services industry, having exclusively worked for HSBC in London. He first joined HSBC’s European Advisory Group (M&A multi-sector execution desk), and then was a quants rate analyst. From 2008 to 2015, he was a portfolio manager/analyst on the Global Macro Strategies Desk. Davey has an MA in Pure & Applied Mathematics and Computer Science from Trinity College at the University of Cambridge. Frank Lee* Head of Technology Research, Asia The Hongkong and Shanghai Banking Corporation Limited frank.lee@hsbc.com.hk +852 2996 6916 Frank joined HSBC in 2019 and is Head of Technology Equity Research in Asia, focusing on regional technology strategy and thematic ideas as well as the coordination of HSBC’s tech views and products. Frank has nearly 20 years’ experience in Asian equities, including in sell-side equity research and sales and as a hedge fund analyst. He has cultivated strong relationships with technology industry leaders both in Asia and in Silicon Valley. Frank has a BSc in economics from the Wharton School of the University of Pennsylvania, from which he graduated in 1995. Nicolas Cote-Colisson* Senior Analyst, TMT HSBC Bank plc nicolas.cote-colisson@hsbcib.com +44 20 7991 6826 Nicolas joined HSBC in 2000 as a telecoms analyst in the Global Telecoms research team. Prior to that, he worked as an economist with CCF in Paris for five years and also with the French Ministry of Finance. Nicolas holds a DEA in Econometrics from Paris la Sorbonne. Frank He* (S1700517120005) Head of A-share Technology Hardware Research HSBC Qianhai Securities Limited frank.fang.he@hsbcqh.com.cn +86 21 6081 3809 Frank He joined HSBC Qianhai Securities Limited in 2017 as Head of IT Hardware Research, covering the semiconductor, handset supply chain, telecom equipment and auto electronics sectors. Previously, Frank was an analyst with two leading global brokerages from 2010 to 2017, responsible for research on the clean energy, infrastructure and conglomerate sectors. From 2007 to 2010, Frank was a lead technology and Internet research analyst with a Chinese securities firm in Hong Kong. He holds a BSc in actuarial science from the University of Hong Kong. * Employed by a non-US affiliate of HSBC Securities (USA) Inc, and is not registered / qualified pursuant to FINRA regulations How to access our research Log on to the website research.hsbc.com Download the HSBC Global Research app Add HSBC Research app by accessing the symphony market and use the smart search functions Ask our team your research related questions at askresearch@hsbc.com Subscribe to our Podcasts by logging onto the research website and selecting the podcast icon Access Research via our third-parties: ® AlphaSense ® ® ® ® ® ® Bloomberg Bluematrix Factset Markit Hub Red Deer Refinitiv Research Exchange ResearchPool Sentieo S&P Global Market Intelligence ® Visible Alpha/ ONEaccess ® ® ® ®