The Zhitong Finance App learned that Citi released a research report stating that it raised the target price of Standard Chartered Group (02888.HK) from HK$232.4 to HK$248.4, reaffirming the “neutral/high risk” rating. The bank updated its assumptions for the Federal Reserve and the Bank of England. Currently, terminal interest rates are expected to be 4.75% and 4.25%, respectively, leading to an increase in Standard Chartered's net interest income forecast.

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