Lloyds Banking maintained its full-year guidance as it reported a slightly better-than-expected net interest margin for the first quarter but weaker-than-forecast pretax profits.

HKEX posted lower trading volume during the quarter, with headline average daily turnover sliding 22% as geopolitical tensions and macroeconomic volatility continued to weigh on market sentiment.

Volvo Car’s first-quarter earnings missed forecasts, but the company said it expected the demand for its cars to remain robust in the coming quarters and still sees retail sales growth increasing this year.

The PBOC has reinforced views that it is unlikely to deliver a big liquidity boost via bond trading after the finance ministry voiced support for the central bank to resume such trading.

Orange delivered higher earnings for the first quarter, boosted by strong revenue growth in its Africa and Middle East division, and backed its full-year guidance.

Shares of the AI software company surged 31% in Hong Kong on its latest generative AI model which it said had improved linguistic, creative and scientific capabilities.