The Zhitong Finance App learned that Standard Chartered Group (02888) soared 8% in the afternoon. As of press release, it rose 6.56% to HK$217.6, with a turnover of HK$372 million.

According to the news, Standard Chartered Group announced its third quarter results at noon. Operating revenue rose 14% year on year to US$5.8 billion, and net interest income rose 9% year on year to US$3 billion, driven by optimization of trading volume and balance sheet mix; profit before tax was US$2.3 billion, up 29% year on year. Standard Chartered raised its annual operating revenue growth guide to a higher than the original 5% to 7% range, and expects a return on tangible equity of about 14% for the whole year.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.