HSBC HOLDINGS (00005.HK) -0.900 (-0.936%) Short selling $204.66M; Ratio 10.847% 's 2Q25 underlying pre-tax earnings were 10% higher than market expectations, driven by its net interest income and fee and other income that exceeded forecasts by 2% and 11%, respectively, on sustained momentum in the wealth management business, according to JPMorgan's research report.The return on tangible equity for 2Q reached 18.2%, beating the market's full-year expectation of 15.5%. The CET 1 ratio remaining at 14.6% and the USD3 billion share buyback plan met the broker's expectations.Related NewsCiti Slightly Drops HSBC HOLDINGS (00005.HK) TP to $105.6, Reiterates Rating at BuyJPMorgan set its target price at HKD118 for HSBC HOLDINGS with an Overweight rating unchanged, considering the increase in provisions due to tariffs and Hong Kong commercial real estate risks staying within the expected range and the annualized credit cost for 2Q being 7 bps lower than the broker's expectations.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)