{"id":45051,"date":"2026-04-20T14:23:58","date_gmt":"2026-04-20T14:23:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%84%ed%97%98%ec%84%a0%ed%98%b8-%ea%b0%9c%ec%84%a0%ec%9c%bc%eb%a1%9c-%eb%8b%ac%eb%9f%ac-%ec%95%bd%ec%84%b8%ec%97%b0%ec%b4%88-%ec%9d%b4\/"},"modified":"2026-04-20T14:23:58","modified_gmt":"2026-04-20T14:23:58","slug":"hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%84%ed%97%98%ec%84%a0%ed%98%b8-%ea%b0%9c%ec%84%a0%ec%9c%bc%eb%a1%9c-%eb%8b%ac%eb%9f%ac-%ec%95%bd%ec%84%b8%ec%97%b0%ec%b4%88-%ec%9d%b4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%84%ed%97%98%ec%84%a0%ed%98%b8-%ea%b0%9c%ec%84%a0%ec%9c%bc%eb%a1%9c-%eb%8b%ac%eb%9f%ac-%ec%95%bd%ec%84%b8%ec%97%b0%ec%b4%88-%ec%9d%b4\/","title":{"rendered":"HSBC\uc790\uc0b0\uc6b4\uc6a9 \u201c\uc704\ud5d8\uc120\ud638 \uac1c\uc120\uc73c\ub85c \ub2ec\ub7ec \uc57d\uc138\u2026\uc5f0\ucd08 \uc774\ud6c4 \uc218\uc775\ub960\uc740 \uc804\ubc18\uc801\uc73c\ub85c \ubcf4\ud569\u201d"},"content":{"rendered":"

HSBC\uc790\uc0b0\uc6b4\uc6a9\uc740 4\uc6d4 \uc704\ud5d8\uc790\uc0b0 \uc120\ud638(\ud22c\uc790\uc790\ub4e4\uc774 \uc8fc\uc2dd\u00b7\uc2e0\ud765\uad6d \ub4f1 \uc704\ud5d8\uc774 \ud070 \uc790\uc0b0\uc744 \ub354 \uc0ac\ub294 \ubd84\uc704\uae30) \uac1c\uc120\uc774 \ubbf8 \ub2ec\ub7ec\ud654 \uae09\ub77d\uacfc \ub9de\ubb3c\ub838\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc5f0\ucd08 \uc774\ud6c4 \uc131\uacfc\ub294 \ub300\uccb4\ub85c \ubcf4\ud569\uc774\uc9c0\ub9cc, \uc7a5\uae30\uc801\uc73c\ub85c\ub294 \u2018\ub2ec\ub7ec \uc57d\uc138\u2019 \ud750\ub984\uc5d0 \uc5ec\uc804\ud788 \ubd80\ud569\ud55c\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.<\/p>\n

\uc9c0\uc815\ud559\uc801(\uad6d\uac00 \uac04 \uae34\uc7a5\u00b7\ubd84\uc7c1)\u00b7\uac70\uc2dc\uacbd\uc81c(\uc131\uc7a5\u00b7\ubb3c\uac00\u00b7\uae08\ub9ac \ub4f1) \ubd88\ud655\uc2e4\uc131\uc774 \uc774\uc5b4\uc9c0\uba74\uc11c \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc0c1\ud0dc) \ub9ac\uc2a4\ud06c\uac00 \uc9c0\uc18d\ub420 \uac83\uc73c\ub85c \ubd24\ub2e4. \ub610 3\uc6d4 \uc2dc\uc7a5 \uc6c0\uc9c1\uc784\uc744 \uadfc\uac70\ub85c, \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \ub54c \ub2ec\ub7ec\uac00 \uc624\ub974\ub354\ub77c\ub3c4 \uc0c1\uc2b9\ud3ed\uc774 \uc81c\ud55c\ub420 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

\ubcc0\ub3d9\uc131 \uad6d\uba74\uc5d0\uc11c\uc758 \ub2ec\ub7ec \uc6c0\uc9c1\uc784<\/h3>\n

\ucd5c\uadfc 2\ub144\uc744 \ubcf4\uba74 \ubcc0\ub3d9\uc131 \ud655\ub300 \uad6d\uba74\uc5d0\uc11c\ub3c4 \ub2ec\ub7ec\ub294 \ube44\uad50\uc801 \uc815\uccb4(\ud070 \ubc29\ud5a5\uc131 \uc5c6\uc774 \uc6c0\uc9c1\uc784)\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \u2018\uc704\uae30 \ub54c \ub2ec\ub7ec\ub97c \uc0ac\ub294\u2019 \uae30\uc874 \uc548\uc804\uc790\uc0b0(\uc704\uae30 \ub54c \uc0c1\ub300\uc801\uc73c\ub85c \ub35c \ub5a8\uc5b4\uc9c4\ub2e4\uace0 \uc5ec\uaca8\uc9c0\ub294 \uc790\uc0b0) \uc131\uaca9\uc744 \uc608\uc804\ub9cc\ud07c \uac15\ud558\uac8c \ubd80\uc5ec\ud558\uc9c0 \uc54a\uae30 \ub54c\ubb38\uc774\ub77c\uace0 \ud574\uc11d\ud588\ub2e4.<\/p>\n

\uac00\ub2a5\ud55c \ubc30\uacbd\uc73c\ub85c\ub294 \u25b3\ud0c8\ub2ec\ub7ec\ud654(\ubb34\uc5ed\u00b7\ud22c\uc790\u00b7\uc678\ud658\ubcf4\uc720\uc5d0\uc11c \ub2ec\ub7ec \ube44\uc911\uc744 \uc11c\uc11c\ud788 \ub0ae\ucd94\ub294 \ud750\ub984) \u25b3\ubbf8\uad6d \uc7ac\uc815(\uc815\ubd80\uc758 \uc138\uc785\u00b7\uc138\ucd9c \ubc0f \ubd80\ucc44) \uc545\ud654 \uc6b0\ub824 \u25b3\uc81c\ub3c4\uc801 \uc2e0\ub8b0(\uc815\ucc45\u00b7\uc0ac\ubc95\u00b7\ud589\uc815 \ub4f1 \uad6d\uac00 \uc2dc\uc2a4\ud15c\uc5d0 \ub300\ud55c \uc2e0\ub8b0) \uc800\ud558 \uc6b0\ub824\ub97c \ub4e4\uc5c8\ub2e4. \ub610\ud55c 2022\ub144\uacfc \ube44\uad50\ud574 \ubbf8 \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8\uad6d \uc911\uc559\uc740\ud589)\uac00 \ubb3c\uac00 \ucda9\uaca9(\uc608\uc0c1\ubcf4\ub2e4 \ud070 \uc778\ud50c\ub808\uc774\uc158 \ubcc0\ub3d9)\uc5d0 \ub300\uc751\ud558\ub294 \ub370 \uc81c\uc57d\uc744 \ubc1b\uc744 \uc218 \uc788\ub2e4\ub294 \uad00\uc810\ub3c4 \uc81c\uc2dc\ud588\ub2e4.<\/p>\n

HSBC\ub294 \uc2dc\uc7a5 \uc0c1\uc2b9\uc774 \ud2b9\uc815 \uc790\uc0b0\uc5d0\ub9cc \uc3e0\ub9ac\uc9c0 \uc54a\uace0 \ud3ed\uc774 \ub113\uc5b4\uc9c0\ub294 \u2018\ud655\uc0b0 \uc7a5\uc138\u2019\uac00 \uc774\uc5b4\uc9c0\ub824\uba74 \ub2ec\ub7ec \uc57d\uc138\uac00 \uc9c0\uc18d\ub418\ub294 \uac83\uc774 \uc911\uc694\ud558\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ucd5c\uadfc \uac00\uaca9 \ud750\ub984(\uac00\uaca9 \uc6c0\uc9c1\uc784 \uc790\uccb4\uc5d0\uc11c \uc77d\ud788\ub294 \uc2e0\ud638)\uc774 2026\ub144\uc5d0\ub3c4 \uc774 \uc2dc\ub098\ub9ac\uc624\ub97c \uac00\ub2a5\ud558\uac8c \ub9cc\ub4e0\ub2e4\uace0 \ud3c9\uac00\ud588\ub2e4.<\/p>\n

4\uc6d4 \ub2ec\ub7ec \uae09\ub77d\uc740 \uc7a5\uae30 \uc57d\uc138 \ucd94\uc138\ub97c \uc7ac\ud655\uc778\ud55c \uac83\uc774\ub77c\uace0 \uac15\uc870\ud588\ub2e4. \uc774\ub294 \uc2dc\uc7a5 \ubd88\uc548 \uad6d\uba74\uc5d0\uc11c \ub2ec\ub7ec\uac00 \ubc18\uc751\ud558\ub294 \ubc29\uc2dd\uc774 \uadfc\ubcf8\uc801\uc73c\ub85c \ub2ec\ub77c\uc84c\uc74c\uc744 \uc2dc\uc0ac\ud558\uba70, \ubd88\ud655\uc2e4\uc131 \uad6d\uba74\uc5d0\uc11c \ub2ec\ub7ec\uac00 \ubc18\ub4f1(\uc7a0\uae50 \uc624\ub974\ub294 \uc6c0\uc9c1\uc784)\ud558\ub354\ub77c\ub3c4 \uae30\uac04\uacfc \ud3ed\uc774 \uc81c\ud55c\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\ub2ec\ub7ec \uc57d\uc138\ub97c \uaca8\ub0e5\ud55c \uc635\uc158 \uc804\ub7b5<\/h3>\n

\uc9c0\ub09c\ub2ec \uc2dc\uc7a5\uc774 \ud754\ub4e4\ub838\uc744 \ub54c(\uc77c\uc2dc\uc801 \ubd88\uc548) \ub2ec\ub7ec\uc778\ub371\uc2a4(\uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\uac00 105\ub97c \uac04\uc2e0\ud788 \uc6c3\ub3cc\uc558\ub2e4\uac00 \ub2e4\uc2dc \ubc00\ub9b0 \uc810\uc744 \uadfc\uac70\ub85c \ub4e4\uc5c8\ub2e4. \uc774\ub294 2023\ub144 \uc740\ud589\uad8c \ubd88\uc548 \ub2f9\uc2dc\uc758 \uae09\ub4f1\uacfc \ub300\ube44\ub41c\ub2e4\uace0 \ud588\ub2e4. \uc774\ub7f0 \ub454\ud55c \ubc18\uc751\uc740 \u2018\uc704\uae30 \ub54c \ub2ec\ub7ec \ub9e4\uc218\u2019\ub77c\ub294 \uae30\uc874 \uc804\ub7b5\uc758 \ud6a8\uc6a9\uc774 \uc57d\ud574\uc9c0\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\uba70, \ub2ec\ub7ec \uc0c1\uc2b9 \uc5ec\ub825\uc774 \uc81c\ud55c\ub418\ub294 \uc0c8\ub85c\uc6b4 \ud658\uacbd\uc73c\ub85c\uc758 \uc804\ud658\uc744 \uc2dc\uc0ac\ud55c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n

\uc774 \ud750\ub984\uc740 \uc911\uc559\uc740\ud589 \uc678\ud658\ubcf4\uc720\uc561 \ub370\uc774\ud130\ub85c\ub3c4 \ub4b7\ubc1b\uce68\ub41c\ub2e4\uace0 \ud588\ub2e4. IMF\uc758 2025\ub144 4\ubd84\uae30 \ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74 \uc804 \uc138\uacc4 \uc678\ud658\ubcf4\uc720\uc561\uc5d0\uc11c \ub2ec\ub7ec \ube44\uc911\uc740 55%\ub85c \ub0b4\ub824\uac14\uace0, 2025\ub144 \ucd08 58%\uc5d0\uc11c \uafb8\uc900\ud788 \uac10\uc18c\ud588\ub2e4. \uc774\ub294 \uc8fc\uc694 \ud22c\uc790 \uc8fc\uccb4\ub4e4\uc774 \ub2ec\ub7ec \ud45c\uc2dc \uc790\uc0b0(\ub2ec\ub7ec\ub85c \uac00\uaca9\uc774 \ub9e4\uaca8\uc9c4 \ucc44\uad8c\u00b7\uc608\uae08 \ub4f1) \ube44\uc911\uc744 \uc11c\uc11c\ud788 \uc904\uc774\uace0 \uc788\uc74c\uc744 \uc758\ubbf8\ud55c\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.<\/p>\n

\ubbf8\uad6d \uc7ac\uc815\uc815\ucc45(\uc815\ubd80 \uc9c0\ucd9c\u00b7\uc138\uae08\u00b7\uad6d\ucc44 \ubc1c\ud589 \uc815\ucc45) \uc6b0\ub824\ub3c4 \ub2ec\ub7ec\uc5d0 \ubd80\ub2f4\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\ub2e4\uace0 \ud588\ub2e4. \uc758\ud68c\uc608\uc0b0\uad6d(CBO) 2026\ub144 1\ubd84\uae30 \ubcf4\uace0\uc11c\uac00 \uc5f0\ub9d0 \ubd80\ucc44\ube44\uc728(\uad6d\uac00\ubd80\ucc44\/GDP, \uad6d\ub0b4\ucd1d\uc0dd\uc0b0 \ub300\ube44 \uad6d\uac00\ubd80\ucc44 \ube44\uc728)\uc744 115% \uc774\uc0c1\uc73c\ub85c \uc608\uc0c1\ud55c \uc810\uc744 \ub4e4\uc5c8\ub2e4. \uc5ec\uae30\uc5d0 2022\ub144\ubcf4\ub2e4 \uc778\ud50c\ub808\uc774\uc158 \ub300\uc751\uc774 \ub35c \uacf5\uaca9\uc801\uc73c\ub85c \ubcf4\uc774\ub294 \uc5f0\uc900\uc758 \ud0dc\ub3c4\uac00 \uc2e0\ub8b0\ub97c \uc57d\ud654\uc2dc\ud0a4\uace0 \uc788\ub2e4\ub294 \ud3c9\uac00\ub2e4. HSBC\ub294 \uadfc\uc6d0\ubb3c\uac00(\uc2dd\ub8cc\ud488\u00b7\uc5d0\ub108\uc9c0\ucc98\ub7fc \ubcc0\ub3d9 \ud070 \ud488\ubaa9\uc744 \ube80 \ubb3c\uac00)\uac00 3% \uc774\uc0c1\uc5d0\uc11c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\ub354\ub77c\ub3c4, \uc5f0\uc900\uc774 \uacbd\uae30\uce68\uccb4(\uacbd\uc81c\ud65c\ub3d9\uc774 \uc704\ucd95\ub418\ub294 \uad6d\uba74)\ub97c \uc720\ubc1c\ud560 \uc218 \uc788\ub294 \uac15\ud55c \uae34\ucd95\uc5d0 \uc2e0\uc911\ud560 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4.<\/p>\n

\ud2b8\ub808\uc774\ub354(\ub2e8\uae30 \ub9e4\ub9e4\uc790) \uad00\uc810\uc5d0\uc11c\ub294 \uc720\ub85c\u00b7\uc2a4\uc704\uc2a4\ud504\ub791 \uac19\uc740 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \u2018\uc678\uac00\uaca9(out-of-the-money) \ucf5c\uc635\uc158\u2019\uc744 \ub9e4\ub3c4\ud558\ub294 \uc804\ub7b5\uc774 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. \ucf5c\uc635\uc158\uc740 \ub9cc\uae30\uae4c\uc9c0 \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac\uc774\uace0, \uc678\uac00\uaca9\uc740 \ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub354 \ub192\uc740 \ud589\uc0ac\uac00\uaca9\uc774\ub77c \uc2e4\ud604 \uac00\ub2a5\uc131\uc774 \ub0ae\uc740 \uad6c\uac04\uc744 \ub73b\ud55c\ub2e4. \uc774 \uc635\uc158\uc744 \ud314\uba74 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9\uc73c\ub85c \ubc1b\ub294 \ub300\uac00)\uc744 \ubc1b\ub294 \ub300\uc2e0, \ub2ec\ub7ec\uac00 \ud06c\uac8c \uae09\ub4f1\ud560 \ub54c \uc190\uc2e4\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. HSBC\ub294 \ub2ec\ub7ec\uac00 \ud6a1\ubcf4(\ud070 \ubc29\ud5a5\uc131 \uc5c6\uc774 \uc6c0\uc9c1\uc784)\ud558\uac70\ub098 \uc57d\uc138\uc77c \uacbd\uc6b0 \uc218\uc775\uc744 \uae30\ub300\ud560 \uc218 \uc788\uc5b4 \u2018\ub2ec\ub7ec \uae09\ub4f1 \uac00\ub2a5\uc131\uc774 \ub0ae\ub2e4\u2019\ub294 \uc804\ub9dd\uc744 \ubc18\uc601\ud55c \uc804\ub7b5\uc774\ub77c\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n

\ub610 \uc635\uc158\uc744 \ud65c\uc6a9\ud574 \ub2ec\ub7ec \uc57d\uc138\uc5d0 \uc720\ub9ac\ud55c \uc2e0\ud765\uad6d \ud1b5\ud654\uc758 \ub9e4\uc218 \ud3ec\uc9c0\uc158(\uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \uac70\ub798)\uc744 \uad6c\ucd95\ud558\ub294 \ubc29\uc548\ub3c4 \uc81c\uc2dc\ud588\ub2e4. \uba55\uc2dc\ucf54 \ud398\uc18c, \ube0c\ub77c\uc9c8 \ud5e4\uc54c \ub4f1\uc774 \uac15\uc138\ub97c \ubcf4\uc600\uace0, \ub2ec\ub7ec \ub300\ube44 \uc774\ub4e4 \ud1b5\ud654\uc5d0 \ub300\ud574 \u2018\ucf5c \uc2a4\ud504\ub808\ub4dc(\ucf5c\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\u00b7\ub9e4\ub3c4\ud574 \ube44\uc6a9\uacfc \uc704\ud5d8\uc744 \uc81c\ud55c\ud558\ub294 \uad6c\uc870)\u2019\ub97c \ub9e4\uc218\ud558\uba74 \uc190\uc2e4 \ud55c\ub3c4\ub97c \uc815\ud574\ub454 \uc0c1\ud0dc\uc5d0\uc11c \ucd94\uac00 \uac15\uc138\uc5d0 \ucc38\uc5ec\ud560 \uc218 \uc788\ub2e4\uace0 \ud588\ub2e4. \uc774 \uc804\ub7b5\uc740 2026\ub144\uae4c\uc9c0 \ub2ec\ub7ec \uc57d\uc138\uac00 \uc774\uc5b4\uc9c4\ub2e4\ub294 \ud070 \ud750\ub984\uacfc \ub9de\ub294\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201c\ub2ec\ub7ec, \uc704\uae30\uc5d0\ub3c4 \uc548 \ub72c\ub2e4?\u201d HSBC\ub294 4\uc6d4 \ub2ec\ub7ec \uae09\ub77d\uc774 \uc7a5\uae30 \uc57d\uc138\ub97c \uc7ac\ud655\uc778\ud588\uc73c\uba70, \ubcc0\ub3d9\uc131 \uad6d\uba74 \ubc18\ub4f1\ub3c4 \uc81c\ud55c\uc801\uc774\ub77c\uba70 \ub2ec\ub7ec\ucf5c \ub9e4\ub3c4\u00b7\uc2e0\ud765\uad6d\ud1b5\ud654 \uc635\uc158\uc804\ub7b5\uc744 \uc81c\uc2dc\ud588\ub2e4.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-45051","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=45051"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45051\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}