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AlexCP
2021-04-27

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HSBC's HK shares rise most in nearly 6 weeks on better-than-expected earnings

** Hong Kong shares of HSBC Holdings PLC rise as much as 2.5% to HK$46.25, their highest since Ap

HSBC's HK shares rise most in nearly 6 weeks on better-than-expected earnings

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AlexCP
·2021-04-27
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the biggest percentage gainer in the Hang Seng Finance Index</p><p>** HSBC    posted a much better-than-expected 79% rise in first-quarter profit, as the Asia-focused lender starts to recover from the economic damage caused by the pandemic</p><p>** Europe's biggest bank by assets posted profit before tax of $5.78 bln, up from $3.21 bln a year ago and well above an average analyst forecast of $3.35 bln</p><p>** It said it was continuing negotiations for the sale of its French retail banking business but no final decision has been taken</p><p>** The Hang Seng Finance Index    climbs 0.3%, and the benchmark index    edges up 0.03%</p><p>** As of the previous close, Hong Kong-listed shares of HSBC had risen 10.7% this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00005":"汇丰控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130342926","content_text":"** Hong Kong shares of HSBC Holdings PLC    rise as much as 2.5% to HK$46.25, their highest since April 20, and on course for a second consecutive session of gains** Stock last up 2.2%, on track for its best day since March 18; 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