Ge Long Hui·2025-10-28 04:17Core Insights - HSBC Holdings reported a pre-tax profit of $7.3 billion for Q3 2025, a decrease of $1.2 billion compared to Q3 2024 [1] - The fixed exchange rate pre-tax profit, excluding notable items, was $9.1 billion, an increase of $300 million or 3% from Q3 2024 [1] - Total revenue increased by $800 million to $17.8 billion, reflecting a growth of 5% compared to Q3 2024 [1] Financial Performance - For the first three quarters of 2025, the pre-tax profit decreased by $6.9 billion to $23.1 billion compared to the same period in 2024 [1] - The fixed exchange rate pre-tax profit, excluding notable items, was $28 billion, showing a growth of 4% [1] - Total revenue for the first three quarters decreased by $2.4 billion to $51.9 billion, a decline of 4% [1] Strategic Direction - The Group's CEO emphasized the commitment to becoming a more streamlined, flexible, and focused bank, leveraging core strengths [2] - Despite legal preparations for past events, the determination to implement strategies is reflected in the current performance [2] - The Group is confident in achieving an average tangible equity return of approximately 15% or higher by 2025, excluding notable items [2]