Goldman Sachs: Adjusts HSBC Holdings (00005.HK) target price to HK$192, maintains "Buy" rating, expects slower growth in non-banking net interest income in the third quarter.

Zhitong Finance APP has learned that Goldman Sachs issued a research report stating that it has adjusted the target price of HSBC Holdings (00005.HK) to HK$192 and maintained a "Buy" rating. The bank expects HSBC Holdings' third-quarter core pre-tax profit to be US$10.4 billion, 2% higher than market expectations, but after a strong performance in the second quarter, growth in non-banking net interest income is expected to slow.