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Poor old HSBC. Everyone's glowering at it.
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Nobody likes a market dragger, and that bank is looking a bit like a drag king.
Warning bells were sounded even as the market sulked over lower than expected earnings per share (EPS).
Analysts really thought that number would be higher.
A consensus forecast put the EPS at HK$6.20.
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The reality was HK$5.40.
Broken down into major brokerages, the list of projections came in various shades of too-high.
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