HSBC’s main building in Central. Photo: Sam Tsang
HSBC’s main building in Central. Photo: Sam Tsang

HSBC plans to buy back up to US$2 billion in shares, beats estimates with higher pre-tax profit

  • Hong Kong’s biggest currency-issuing bank said it remains ‘comfortable’ with its exposure to China Evergrande Group and other mainland developers
  • Pre-tax profit was US$5.4 billion, beating a consensus estimate of US$3.78 billion

Topic |   Banking & finance
HSBC’s main building in Central. Photo: Sam Tsang
HSBC’s main building in Central. Photo: Sam Tsang
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