HSBC Holdings has reported a better-than-expected profit for the first half of the year. The company's revenue growth drove this increase. As a result, HSBC has raised its net interest income target.

Further details on the company's performance are available from the source. The information was reported by Selena Li and Lawrence White from Hong Kong and London. HSBC has also announced a $1 billion buyback, following the release of its first-half profit results.

For more information on the company's financial performance, readers can refer to the original report.