HSBC's net profit more than doubled to $18.1 billion in the six months ended June, a sharp spike compared to the $9 billion in the same period a year before. The bank's profit before tax rose 147% ...
HSBC's ADR gets a buy rating today. Positives: over 5% dividend yield, strong liquidity, positive net income growth, undervaluation vs sector averages. Headwinds: current share price appears expensive ...
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