大行评级丨花旗：汇丰控股第三季基础业绩表现强劲 重申“买入”评级

Core Viewpoint - HSBC Holdings reported a strong third-quarter performance with a pre-tax profit of $9.1 billion, exceeding market consensus by 9% [1] Financial Performance - Revenue surpassed expectations by 5%, driven by net interest income exceeding forecasts by 4% and non-net interest income exceeding forecasts by 6% [1] - The bank raised its guidance for net interest yield and tangible equity return for the year [1] Market Reaction - The report is seen as a strong fundamental performance, which may provide confidence support after recent stock price weakness due to news related to Hang Seng Bank and litigation announcements [1] - Citi reiterated a "Buy" rating on HSBC with a target price of £11.6 (approximately HKD 120.29), considering HSBC as one of its preferred stocks [1]