KUALA LUMPUR, July 13 -- Artificial intelligence, energy independence, and national security are set to drive the next wave of strategic investments and fuel global corporate earnings, according to HSBC Private Bank.

In its Q3 2026 Investment Outlook, the bank notes that rising global competition and shifting security priorities are creating the urgency and policy support necessary to sustain capital market activity. With traditional funding gaps persisting, HSBC expects private markets to play an expanded role in supplementing investment.

Despite global headwinds, HSBC maintains a bullish outlook on the resilience of the global economy. Drawing on lessons from the Covid-19 shock, the bank observes that governments and businesses have s...