Citi issued a report covering HSBC HOLDINGS (00005.HK) +0.883 (+0.629%) Short selling $373.33M; Ratio 22.880% , which recorded 1Q26 PBT (excluding notable items) of USD10.1 billion, in line with street consensus. Revenue was 2% above forecasts, mainly driven by non-NII, which was 6% more than expected, while NII was broadly in line. On a reported basis, PBT was USD9.4 billion, 2% below market expectations, primarily due to losses recorded on two disposals. Citi added that HSBC HOLDINGS recorded ECL of USD1.3 billion in 1Q, 9% larger than consensus. Of this, USD300 million tied to mounted risks from the Middle East conflict, broadly in line, on management judgemental adjustments. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)Related News Citi Raises HSBC HOLDINGS (00005.HK) TP to HKD156.7, Lifts Earnings Forecast
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