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HSBC Shrs Leap 2.5% in Early London Mkt, w/ Lasting Price 0.7% Above HK's Closing Price
Recommend 23 Positive 42 Negative 15 |
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HSBC share price leaped in early London market by 2.5% to last post at GBX854.7, or HKD89, 0.7% above Hong Kong's closing price of HKD88.35. HSBC had announced its results for the first quarter ended March at noon. Its reported PBT fell 25% YoY to USD9.484 billion, beating Goldman Sachs and Morgan Stanley's estimates, with EPS of USD39 cents, compared with USD54 cents a year earlier. It posted a net profit of USD6.932 billion, down 31.9% YoY. Quarterly DPS was USD10 cents, the same as the same period last year, net of a special DPS of USD10 cents. Share repurchase was scaled up to USD3 billion QoQ. AAStocks Financial News |
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