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HSBC resumes buyback after big profit jump in first half
HONG KONG: British Banking giant HSBC said on Tuesday (Aug 4) it would buy back up to US$1 billion of shares after a big jump in profits in the first half of 2026.The jump in profits was due to "growth in banking net interest income and higher fee and other income", HSBC said in its earnings report, adding th
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scmp.com
Breaking | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.
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Developing | HSBC sets aside US$1 billion for first share buy-back since October
The buy-back was announced after HSBC’s second-quarter pre-tax profit rose 60 per cent to US$10.15 billion, beating analysts’ estimate of US$9.5 billion.
