Reuters logo
HSBC Hong Kong shares up 1.5 percent after first-quarter profit beats estimates
May 4, 2017 / 8:44 AM / 7 months ago

HSBC Hong Kong shares up 1.5 percent after first-quarter profit beats estimates

HONG KONG (Reuters) - HSBC Holdings’ (HSBA.L) Hong Kong shares were up 1.5 percent after its first-quarter profit before tax and core capital ratio exceeded analysts’ expectations.

    HSBC said pretax profit for the first three months of the year fell to $5 billion, down from $6.1 billion a year ago, but better than the $4.3 billion average of analysts’ estimates compiled by the bank.

    Reporting by Sumeet Chatterjee and Donny Kwok; Editing by Edwina Gibbs

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below