The Zhitong Finance App learned that Standard Chartered Group (02888) turned up more than 5% in the afternoon. As of press release, it had risen 4.58% to HK$233, with a turnover of HK$402 million.

According to the news, Standard Chartered Group announced its results for the second quarter and the first half of the year at noon. In the second quarter, operating revenue rose 3% to US$5.7 billion, and profit before taxes increased 2% to US$2.3 billion. The Group announced that the upcoming $1 billion share repurchase is expected to reduce the common equity Tier 1 capital ratio by 38 basis points; the mid-term common stock dividend will increase 66% to 20.4 US cents per share. In the first half of this year, Standard Chartered's operating revenue reached a record high, rising 6% to US$11.6 billion. Excluding Solv India transactions, it rose 8%. Among them, net interest income increased 4% to US$5.7 billion; non-interest income increased 8% to US$5.9 billion.

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