South China Morning Post – EconomíaMercadosen
HSBC shares drop 5.6% despite strong third-quarter profit, US$1b share buy-back
Shares of HSBC dropped more than 5 per cent on Tuesday even as Hong Kong’s biggest lender reported a 32 per cent rise in third quarter pre-tax profits and announced a new round of share buy-backs worth US$1 billion. The bank said its third quarter pre-tax profit increased to…