HSBC Life Insurance and HSBC Broker are two different entities providing different services. HSBC Life Insurance is a life insurance company, mainly providing insurance products and services such as life insurance and health insurance. HSBC Life's main customer groups are individuals and family customers, aiming to help customers achieve their financial goals while protecting risks. HSBC Brokerage is a securities brokerage company that provides trading and investment consulting services for financial products such as stocks, bonds and futures. The clients of HSBC securities firms are mainly institutions and high-net-worth clients, aiming at providing professional investment consulting and trading services to help clients achieve their investment goals. Although both companies belong to HSBC Group, their services and customer groups are different. HSBC Life mainly focuses on insurance products and services, and HSBC brokers mainly focus on securities trading and investment consulting.