HSBC starts trading as if nothing could go wrong
La entidad presenta unos resultados impecables, pero su cotización ya no deja margen para el error
What could cool the enthusiasm of Georges Elhedery's followers? Certainly not the first-half results that the HSBC CEO presented yesterday. The global bank's revenues grew almost 11% compared to the same period in 2025, while its return on tangible equity reached 19.1% annualized, excluding extraordinary items, well above the 17% medium-term target that Elhedery himself set at the beginning of the year.
The good performance would seem to justify the faith that shareholders have placed in him: the stock has more than doubled since he took the reins two years ago. However, HSBC is starting to trade as if nothing can go wrong.
Translated by urgent.news from El Pais Economia's report; automated translation may contain errors. Machine-written — it may contain errors, so check the original before relying on it.
