
HSBC reported on Monday its first-half pretax profit rose 15.9per cent and announced a further buyback of US$1 billion, defying some analysts’ expectations it might pause its strategy of returning extra capital to investors.


HSBC reported on Monday its first-half pretax profit rose 15.9per cent and announced a further buyback of US$1 billion, defying some analysts’ expectations it might pause its strategy of returning extra capital to investors.