Standard Chartered shares jump 8% after third-quarter earnings beat forecast
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Standard Chartered’s third-quarter net profit rose 46 per cent as strong growth in wealth management and lower credit impairment buffered one of Hong Kong’s three note-issuing banks from provisions linked to geopolitical tensions.
The bank’s shares jumped more than 8 per cent to HK$220.80 at 2pm on Wednesday following the release of the earnings report
Net profit increased to US$1.5 billion, or 68.9 US cents per share, in the quarter that ended on September 30, compared with US$1.03 billion a...
The bank’s shares jumped more than 8 per cent to HK$220.80 at 2pm on Wednesday following the release of the earnings report
Net profit increased to US$1.5 billion, or 68.9 US cents per share, in the quarter that ended on September 30, compared with US$1.03 billion a...
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