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<Research>UBS: HSBC Holdings 3Q Results Robust; Rating Neutral
Recommend 40 Positive 43 Negative 38 |
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HSBC HOLDINGS (00005.HK) has announced its 3Q25 results. Benefiting from improvements in NII and fee income, the company's pre-provision profit and pre-tax profit (excluding special items) exceeded expectations by 9%, fee and other income surpassed expectations by 6%, and operating expenses were 1% above expectations, resulting in a 9% growth in pre-provision profit, UBS wrote in its research report UBS set its 12-month target price at GBX980 (around HKD101.3) for HSBC Holdings listed in London, with a Neutral rating. AAStocks Financial News |
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