To harness the strengths and mitigate the limitations of line-commutated converter (LCC) and modular multilevel converter (MMC) HVDC systems, the LCC-MMC hybrid HVDC system has been developed. This paper proposes a holomorphic embedding (HE)-based power flow calculation method for AC/DC power systems with the LCC-MMC hybrid HVDC system. Firstly, the methodology involves establishing the mathematical model of the LCC-MMC hybrid HVDC system and its control modes. Subsequently, the HE formulation for the constructed LCC-MMC model is derived using the HE method. The proposed method simplifies the HE formulation using substitute variables, making it adaptable to various control modes. The designed HE formulation facilitates the derivation of the germ solution and the calculation of high-order power series coefficients. A sequential solution flow chart compatible with AC power flow algorithms is constructed to enhance the practicality of the HE method for real-world large-scale systems. The accuracy and effectiveness of the proposed method are verified through numerical tests on the modified IEEE 14-bus, IEEE 57-bus, and large 2383-bus system. The proposed method provides a reliable and efficient solution for power flow analysis in hybrid HVDC systems.