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Why Is HSBC Stock Trading Higher On Tuesday?
benzinga.com/25/04/45079467/hsbc-q1-mixed-earnings-revenue-down-but-core-business-shows-underlying-strength-announced-buyback
Zinger Key Points
- HSBC shares rose premarket despite a 13% revenue drop Y/Y due to divestments; constant currency revenue excluding items grew 7%.
- The bank announced a new $3 billion share buyback after completing a prior $2 billion program and reaffirmed its FY25 NII target.
-…
This story appeared on benzinga.com, 2025-04-29 18:36:11.