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

06:45

Jiangnan Technology Teams Up with SynVista to Launch AI Green Mining Platform

06:45

The US Ethereum Spot ETF experiences 5 consecutive days of net inflows ending, with a net outflow of $79 million yesterday.

05:45

Suspected Ethena Labs Withdraws Another 25 Million ENA

05:45

Yesterday's Whale Trader Who Perfectly Shorted Before the Major Drop Goes Long on ETH with 2x Leverage, Holding a Position Worth $56 Million

05:15

Tom Lee: S&P 500 to Rise to 7300, Surge in Market Liquidity Could Be Explosive

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com