Filed Pursuant to Rule 424(b)(2)
Registration No. 333-277211
October 14, 2026
PRICING SUPPLEMENT
(To Prospectus dated February 21, 2024,
Prospectus Supplement dated February 21, 2024 and
Stock-Linked Underlying Supplement dated February 21, 2024)
HSBC USA Inc.
$385,000
Autocallable Contingent Income Barrier Notes with Memory Coupon
Quarterly Contingent Coupon payments at... (continue reading...)
The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement and the accompanying product supplement, underlying supplement, prospectus supplement and prospectus are not an offer to sell these securities, nor are they soliciting an offer to buy these securities, in any state where the offer or sale is not permitted.
Subject to Completion. Dated October 16, 2026
Filed Pursuant to... (continue reading...)
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