Wall Street banks that released earnings posted solid results, yet their share prices remained under pressure. Goldman Sachs, whose revenue and net profit both rose over 20% year-on-year last quarter, initially rose 4.1% but turned negative, closing down 0.2%. JPMorgan Chase's third-quarter earnings and revenue posted single-digit year-on-year growth but missed market expectations; despite raising its 2026 net interest income guidance, its share price fluctuated and closed down 0.9%. Citigroup's revenue reached US$23.85 billion, the highest for the period in ten years, with net profit rising 40%, yet its share price plunged 5.6%.
Currently, the Hang Seng Index stands at 24,310, down 34 points or 0.1%, with turnover on the main board nearing HK$34.2 billion. The Hang Seng China Enterprises Index is at 8,165, down 9 points or 0.1%. The Hang Seng Tech Index is at 4,171, up 35 points or 0.9%. (vs)