Filed Pursuant to Rule 433
Registration No. 333-277211
June 10, 2026
FREE WRITING PROSPECTUS
(To Prospectus dated February 21, 2024,
Prospectus Supplement dated February 21, 2024,
Equity Index Underlying Supplement dated February 21, 2024, and
ETF Underlying Supplement dated February 21, 2024)
HSBC USA Inc.
Autocallable Contingent Income Barrier Notes
Linked to the Least Performing of the S&P 500® Index, the Russell 2000® Index and the State Street®... (continue reading...)
The information in this preliminary pricing supplement is not complete and may be changed. We may not sell these securities until the pricing supplement, the accompanying product supplement, prospectus supplement and prospectus (collectively, the “Offering Documents”) are delivered in final form. The Offering Documents are not an offer to sell these securities and we are not soliciting offers to buy these... (continue reading...)
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-284538
The information in this preliminary pricing supplement is not complete and may be changed. This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.
Subject to Completion. Dated June 9, 2026.
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