HSBC shares drop 5% despite strong third-quarter profit, US$1b share buy-back

🇨🇳 Article en anglais

Shares of HSBC dropped 5 per cent on Tuesday even as Hong Kong’s biggest lender reported a 32 per cent rise in third quarter pre-tax profits and announced a new round of share buy-backs worth US$1 billion. The bank said its third quarter pre-tax profit increased to US$9.6 billion, in-line with US$9.7 billion estimated by analysts, compare

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Source : South China Morning Post. Le Fil Indépendant cite et lie cet article ; il n'en est ni l'auteur ni l'éditeur.