JPMorgan Chase: Standard Chartered Bank is the main beneficiary of RMB internationalization and gives it an "overweight" rating
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币界网报道：On July 4, according to a JPMorgan Chase research report, the institution maintained Standard Chartered Bank (STANCHART, 02888.HK) as the first choice of Hong Kong bank stocks and gave it an "overweight" rating with a target price of HK$135. The report pointed out that Standard Chartered Bank was less affected by the decline in Hong Kong interbank lending rates and Hong Kong commercial real estate risks, and was the main beneficiary of the internationalization of the RMB. It also had a clearer digital asset development strategy, making it more resistant to the impact of stablecoins than its peers.
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