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HSBC HOLDINGS Closes Down 4.5% in London, Slightly Below HK Stock Closing Price
Recommend 24 Positive 24 Negative 30 |
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After HSBC HOLDINGS (00005.HK) announced its results, its stock price descended 4.5% in London to close at GBX926 ($96.57), 0.4% lower than the Hong Kong closing price of $96.95. HSBC HOLDINGS announced its interim results at noon showing a 27% YoY decline in reported profit before tax to US$15.81 billion, in line with the forecasts of three brokers as compiled by our reporters, with a basic EPS of US$0.65. The second interim DPS remained at US$0.1. Meanwhile, HSBC HOLDINGS planned to initiate a share buyback of up to US$3 billion, expected to be completed before the announcement of the 3Q25 results. AASTOCKS Financial News Website: www.aastocks.com |
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