On July 31, STANCHART rose 3.38% in regular trading, trading at 237.0 HKD/share, with turnover of approximately 78.82 million HKD.

On the news front, multiple international investment banks issued positive ratings following the group's record-breaking first-half results, boosting market confidence. The company previously reported H1 pre-tax profit of USD 4.8 billion, up 9% year-over-year, with wealth solutions business surging 43%. The group simultaneously launched a USD 1 billion share buyback and raised full-year revenue guidance.

Following the earnings release, JPMorgan reiterated its Overweight rating with a target price of 295 HKD, identifying the stock as its top pick among mainland and Hong Kong banks. Goldman Sachs raised its target price to 276 HKD maintaining a Buy rating, citing stronger wealth solutions revenue momentum and upgrading FY earnings estimates by 4%. Morgan Stanley maintained its Overweight rating with a 250 HKD target, while Huatai maintained Overweight at 256.12 HKD, noting benefits from global supply chain restructuring. UBS maintained a Neutral rating with a 228.5 HKD target, acknowledging Q2 pre-tax profit beat expectations by 12%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)