HSBC Profit Beats Estimates

HSBC Profit Beats Estimates

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses HSBC's financial performance in the first half of 2017, highlighting significant growth and a strong capital ratio. The CEO's statement reflects positive changes since 2015. HSBC's adjusted pretax profit exceeded expectations, and the bank announced a $2 billion buyback program, adding to previous buybacks. The Asia market outlook is optimistic, with HSBC's stock performing well on the Hang Seng index.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes were reflected in HSBC's performance since the investor update in 2015?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reported pretax profit for HSBC in the second quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the year-on-year growth percentage reported by HSBC?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the tier one capital ratio indicate about HSBC's financial strength?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How much was the buyback program announced by HSBC?

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