logo

JPMorgan: Standard Chartered Bank is the main beneficiary of RMB internationalization, maintaining a rating of Hold

By: theblockbeats.news|2025/07/04 12:16:49

BlockBeats News, July 4th, JPMorgan Chase released a research report stating that it maintains an optimistic outlook on Standard Chartered Bank (02888.HK), a Hong Kong-listed company. Standard Chartered Bank is classified as the top pick among Hong Kong bank stocks. The bank is less affected by the Hong Kong Interbank Offered Rate reduction and Hong Kong commercial real estate risks. It is a major beneficiary of RMB internationalization and has a clearer digital asset development strategy, making it more resilient to stablecoin impact compared to its peers. JPMorgan Chase has set a target price of 135 Hong Kong dollars and rated it as Overweight.

Microsoft has announced the suspension of around 3,000 North Korean IT workers' Outlook and Hotmail accounts.
Data: The number of addresses holding over $1 million worth of Bitcoin has increased by 26,758 in the first half of the year

You may also like

Share
copy

Gainers

Latest Crypto News

15:45

Deutsche Bank: If the next Fed Chair fails to effectively address inflation risks, the US Dollar may face downward pressure

15:45

Nine-Time Winning Trader Suffers First Defeat, Closing Out Short Position with Over $1.78 Million in Losses

15:45

The U.S. Money Market Asset Size Exceeds $8 Trillion for the First Time

15:15

Chicago Mercantile Exchange (CME): CME Clearing of Securities Expected to Launch in Q2 2026

15:15

OpenAI is developing a large language model named "GARLIC."

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]