HSBC’s Hong Kong headquarters. The bank’s Asia revenue, rose by 7 per cent in the first quarter. Adjusted, pre-tax profit rose by 8 per cent to US$5.04 billion. Photo: AFP

HSBC first-quarter profit rises 34 per cent on growth in Asia, to add jobs this year

  • Bank says adjusted, pre-tax profit of US$6.35 billion is above an analysts’ forecast
  • Revenue in Asia, the bank’s largest profit centre, was up 7 per cent in the quarter
Topic |   Hong Kong company reporting season

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HSBC’s Hong Kong headquarters. The bank’s Asia revenue, rose by 7 per cent in the first quarter. Adjusted, pre-tax profit rose by 8 per cent to US$5.04 billion. Photo: AFP
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