HSBC HOLDINGS (00005.HK) -0.900 (-0.936%) Short selling $204.66M; Ratio 10.847% announced its 1H25 results for the six months ended June 2025. Reported profit before tax amounted to US$15.81 billion, down 26.7% YoY, in line with the forecasts of the three brokers ranging from US$15.477 billion to US$16.073 billion as summarized by our reporters.HSBC HOLDINGS wrote down its stake in BANKCOMM (03328.HK) -0.070 (-0.990%) Short selling $61.34M; Ratio 40.685% (601328.SH) -0.040 (-0.523%) by US$2.1 billion, exceeding the UBS' estimation of US$1.6 billion, and its restructuring budget (US$652 million vs. US$400 million) was also ahead the broker's prediction, UBS released a research report saying. UBS deemed both as value neutral.Related NewsJPM Keeps Rating at Overweight for STANCHART (02888.HK) w/ TP $148HSBC HOLDINGS' 2Q25 reported profit before tax (PBT) excluding notable items amounted to US$9.162 billion, 10% higher than the Company's expectation, the broker added.Income was 5% higher, while net interest income (NII) from banking was 2% better. Fee and other income was 11% higher, while operating expenses were in line with expectations, with profit before provisions increasing by 10%.UBS estimated that HSBC HOLDINGS' current valuation will be equivalent to a FY2026 projected PE ratio of 9.5x, compared to STANCHART (02888.HK) -0.700 (-0.493%) Short selling $2.86M; Ratio 1.228% 's 8.8x, with a dividend yield of 5% and a net tangible assets (NTA) of 1.4x, corresponding to a FY2026 projected ROTE of 14.6%.Related NewsCiti Slightly Drops HSBC HOLDINGS (00005.HK) TP to $105.6, Reiterates Rating at BuyBased on the above reasons, the broker rated London-listed HSBC Holdings plc (HSBA.L) at Neutral, with a target price of GBX935.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.) (A Shares quote is delayed for at least 15 mins.)