HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from its restructuring, sending its Hong Kong shares down 3.5 percent.

Topics:  hsbc holdings   hong kong   profit   percent   writedowns   
BING NEWS:
  • Profit Taking May Slow Hong Kong Stock Market
    (RTTNews) - The Hong Kong stock market has moved higher in back-to-back sessions, rallying almost 650 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 18,960-point ...
    05/12/2024 - 2:15 pm | View Link
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