Goldman Sachs has released a report forecasting that HSBC HOLDINGS (00005.HK) -0.050 (-0.053%) Short selling $188.06M; Ratio 24.194% will report underlying pre-tax profit of USD8.4 billion for 2Q25 on July 30, representing an 8% YoY decline because of largely flat revenue, moderate cost increases, and a surge in credit costs.The heightened provisions should be within expectations given that the 2Q24 benefited from specific recoveries. The main focus of the financial report will be HSBC HOLDINGS's net interest income performance and its FY25 guidance (currently around USD42 billion), given the nosedive in HIBOR and related headwinds for profit margins in 2H25.Related NewsG Sachs Keeps Buy on HSBC HOLDINGS w/ TP HKD103; Upside for HK Banks LimitedGoldman Sachs kept a Buy rating on HSBC HOLDINGS and raised its target price from HKD93 to HKD109.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)