HK Stock Market Move | STANCHART(02888) rose more than 4% in the afternoon, with first quarter operating revenue increasing by 9% to $5.9 billion, setting a quarterly record.

13:38 30/04/2026

Standard Chartered Group (02888) rose more than 4% in the afternoon, with a 3.9% increase as of the time of publication, at 194.5 Hong Kong dollars, with a turnover of 218 million Hong Kong dollars.

STANCHART (02888) rose more than 4% in the afternoon, up 3.9% to 194.5 Hong Kong dollars as of press time, with a turnover of 2.18 billion Hong Kong dollars. On the news front, STANCHART released first-quarter results in the afternoon, with operating income hitting a record high of 9% to $5.9 billion, driven by strong performance in the wealth management and global banking businesses. Credit impairment charge was $2.96 billion, including a general additional provision of $1.90 billion in response to the uncertainty in the Middle East conflict prevention. Pre-tax profit reached $2.5 billion, up 17%, with earnings per share increasing by 31% to 74 cents.

HK Stock Market Move | EAST BUY (01797) plunges more than 8% in midday trading, four core anchors collectively resign, the company quickly distributes 500 million Hong Kong dollars in stock incentives.

Donghai Securities: Optimistic about the sector catalysis brought by the increase in first quarter value, focusing on the opportunity for insurance sector allocation.

New stock news | Cofoe Medical Technology (01187) has received a subscription amount of HK$3.274 billion for its initial public offering, oversubscribed by 307.3 times. The entry fee for one lot is HK$3,972.7.

Donghai Securities: Optimistic about the sector catalysis brought by the increase in first quarter value, focusing on the opportunity for insurance sector allocation.