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HKG:2888

45 stories mentioning HKG:2888

Every FINWIRES story that references HKG:2888, newest first.

Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) repurchased 770,000 shares on Thursday at an average price of 19.06 pounds sterling apiece, the bank said in a Hong Kong bourse filing Friday.The British lender plans to cancel the shares, following which it will have about 2.21 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) repurchased 809,076 shares on Wednesday at an average price of 19.07 pounds sterling apiece, the bank said in a Hong Kong bourse filing Thursday.The British lender plans to cancel the shares, following which it will have about 2.21 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) repurchased 800,000 shares on Tuesday at an average price of 18.20 pounds sterling apiece, the bank said in a Hong Kong bourse filing Wednesday.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

Market Chatter: Standard Chartered to Expand Wealth Management Team in Gulf Despite Ongoing Conflict

Standard Chartered (HKG:2888) plans to grow its wealth management team in the Gulf even as war in the region rages on, Reuters reported Tuesday, citing Raymond Ang, the bank's global head of private and affluent banking.Ang said the bank plans to hire more relationship managers to manage clients in Dubai and may also expand its presence in Abu Dhabi, Reuters reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:2888
Asia

StanChart's Fintech Arm Invests in Crypto Services Group GSR

Standard Chartered's (HKG:2888) SC Ventures fintech unit invested in crypto capital markets and liquidity services group GSR.While the financial details were not disclosed in the Tuesday statement, a same-day report from Bloomberg News quoted a spokesperson as saying that the deal values GSR at more than $1 billion.The lender's SC Ventures is GSR's first external strategic shareholder since it was established in 2013. The partners plan to work on building a scalable digital asset market infrastructure.

HKG:2888
Asia

Market Chatter: StanChart to Sell Kenya HQ in Space-Efficiency Drive

Standard Chartered (HKG:2888) placed on the market its head office in East Africa as part of a wider "space-efficiency program," a Monday report said.Bloomberg News reported, citing a company statement, that the lender affirmed its long-term strategy in Kenya despite the planned sale of the seven-story building in Nairobi.StanChart did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:2888
Asia

Standard Chartered to Sell Indian Credit Card Portfolio to Federal Bank

Standard Chartered (HKG:2888) agreed to sell the bulk of its Indian credit card portfolio to India's The Federal Bank (NSE:FEDERALBNK, BOM:500469), according to media reports Thursday.The bank, which had about 640,000 credit cards in India as of March, had been reviewing offers from Federal Bank and Kotak Mahindra Bank (NSE:KOTAKBANK, BOM:500247) ahead of the agreement, Reuters reported.The firms did not disclose the transaction value of the sale, which is expected to close by the end of 2026.

BOM:500247BOM:500469HKG:2888NSE:FEDERALBNKNSE:KOTAKBANK
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 558,759 shares on Friday at an average price of 18.52 pounds sterling apiece, according to a Friday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 829,908 shares on Wednesday at an average price of 17.90 pounds sterling apiece, according to a Thursday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

Hong Kong Stocks Fall as US-Iran Conflict Escalation Fears Rise; StanChart Gains on Earnings

Hong Kong stocks fell on Thursday as a sharp rise in oil prices, driven by concerns over potential U.S. military action against Iran, weighed on sentiment.The Hang Seng Index fell 335.31 points, or 1.3%, to close at 25,776.53, while the Hang Seng China Enterprises Index lost 123.77 points, or 1.4%, to 8,681.83.U.S. President Donald Trump was set to receive a briefing Thursday from U.S. Central Command chief Brad Cooper on potential military options against Iran, Reuters reported, citing Axios.Oil prices surged, with Brent crude climbing more than 6% to a four-year high of $125 a barrel amid reports that Washington may consider further strikes on Iran.Meanwhile, Federal Reserve Chair Jerome Powell ended his eight-year tenure Wednesday with interest rates unchanged.Powell said he will remain on the Federal Reserve's Board of Governors.Hong Kong financial markets will be closed on Friday for the Labor Day holiday and will reopen on Monday, May 4.In corporate news, Standard Chartered (HKG:2888) closed nearly 2% higher after posting a growth in first-quarter profit.Huaqin Technology (HKG:3296, SHA:603296) jumped nearly 4% after logging a 26% increase in first-quarter profit.

Hang SengHKG:2888HKG:3296SHA:603296
Asia

Standard Chartered's Profit Rises in Q1

Standard Chartered (HKG:2888) posted profit attributable to parent company shareholders of $1.90 billion for the first quarter, up from $1.59 billion a year earlier, according to a Thursday Hong Kong bourse filing.Earnings per share came in at $0.72 from $0.551 a year earlier.Net interest income fell to $1.53 billion from $1.58 billion in the prior-year period.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 837,549 shares on Monday at an average price of 17.70 pounds sterling apiece, according to a Wednesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 849,232 shares on Monday at an average price of 17.57 pounds sterling apiece, according to a Tuesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 840,847 shares on Friday at an average price of 17.38 pounds sterling apiece, according to a Monday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 820,000 shares on Wednesday at an average price of 17.96 pounds sterling apiece, according to a Thursday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 819,719 shares on Tuesday at an average price of 18.199 pounds sterling apiece, according to a Wednesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 805,000 shares on April 20 at an average price of 18.06 pounds sterling apiece, according to a Tuesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 831,000 shares on April 17 at an average price of 18.06 pounds sterling apiece, according to a Monday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 824,353 shares on Wednesday at an average price of 17.92 pounds sterling apiece, according to a Friday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

HKG:2888
Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 835,000 shares on Wednesday at an average price of 17.77 pounds sterling apiece, according to a Thursday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.23 billion shares in issue.

HKG:2888

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