The lender reported pre-tax profit of US$10.2 billion up from US$9.7 billion in the same period of 2016. Photo: Felix Wong

Another share buyback and a 5pc half yearly rise in profit drive HSBC shares higher

Third share buyback in a year underlines progress; lender reports H1 pre-tax profits of US$10.2b compared with US$9.7b for the same period in 2016

Topic |   Hong Kong company reporting season

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The lender reported pre-tax profit of US$10.2 billion up from US$9.7 billion in the same period of 2016. Photo: Felix Wong
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