Comments
Shares of HSBC Holdings Plc fell in early afternoon trading after the bank reported flat 2015 earnings that were short of analysts’ expectations.
Hong Kong-traded shares were down as much as 0.7 per cent, reversing gains of 2 per cent earlier in the session.
The bank reported a profit before tax of $18.87 billion for 2015 against $18.7 billion the year before, below the average analysts’ estimate of $21.8 billion, according to Thomson Reuters data.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.