Key TakeawaysHSBC (HSBC) reported a strong fiscal year 2025, with pretax profits reaching $29.91 billion, surpassing analyst estimates of $28.86 billion.The Hong Kong government announced a complete halt to commercial land sales for the 2026-27 financial year to help the market absorb a surplus of office space.The People's Bank of China (PBOC) successfully auctioned 50 billion yuan in bills in Hong Kong, with 1-year yields settling at 1.47%.JP Morgan lowered its price target for HP Inc (HPQ) to $19, reflect ...

Core Viewpoint - The Federal Reserve announced its decision to begin purchasing short-dated government bonds to manage market liquidity and maintain control over its interest rate target system [1] Group 1 - The action aims to ensure that the central bank retains firm control over interest rates [1]