Capital StrengthCET1 rose 1.3ppt hoh to 18.1%, thanks to RWA reduction, indicating a strong capital position and potential for future growth.
Profit GrowthExpect around 80% year-on-year growth in FY23F profit, driven by improvement in NIM and higher operational efficiency.
Shareholder ValueHSB announced a HK$3bn buyback program, adding onto the 7% dividend yield, which should be welcomed by investors.