FF305 FF305 第 2 頁 共 7 頁 v 1.3.0 變動日期 2025年3月3日 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年3月4日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年3月3日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | | 事 ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) FF305 FF305 確認 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年2月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | | 事件 | 已發 ...

FF305 第 1 頁 共 7 頁 v 1.3.0 | 1). | 於2025年2月25日購回但尚未註銷 | | 1,201,658 | 0.0498 % | GBP | 11.986814 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2025年2月25日 | | | | | | 2). | 於2025年2月26日購回但尚未註銷 | | 491,297 | 0.0204 % | GBP | 12.193637 | | | 變動日期 | 2025年2月26日 | | | | | 第 2 頁 共 7 頁 v 1.3.0 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年2月27日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年2月26日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | | 事件 | 已發行股份（不包括庫存 ...

Investment Rating - The report maintains an "OUTPERFORM" rating for Standard Chartered PLC [2] Core Views - The report highlights that net interest income (NII) is under pressure in 2025, but cost control measures are expected to take effect [1][5] - The company reported a 14% year-on-year revenue increase in Q4 2024 on a constant currency basis, exceeding guidance [3][18] - A new $1.5 billion share buyback was announced, following the completion of a previous buyback [3][18] - The core Tier 1 capital ratio for Q4 2024 was stable at 14.2%, with risk-weighted assets declining by $2 billion [3][18] - The report projects net income growth of 9.6% and 11.6% for 2025 and 2026, respectively [4] Financial Summary - For 2024, net interest income is expected to be $10.4 billion, a 10% increase year-on-year, while non-interest income is projected to grow by 20% [5][21] - The report indicates that credit impairment losses for 2024 rose by 5% year-on-year to $557 million [8][21] - The cost-to-income ratio improved to 59% in 2024, a 4 percentage point year-on-year improvement [9][21] - The report anticipates a dividend yield increase from 1.4% in 2023 to 2.5% in 2025 [2][16] Valuation - The target price for Standard Chartered PLC is set at HK$129.57, based on a price-to-book ratio of 0.80 for 2025 [4] - The report provides a forecast for diluted EPS of $1.70 for 2025, with a P/E ratio of 9 [2][16]

Investment Rating - The report does not explicitly state the investment rating for Standard Chartered PLC (2888 HK) [1]. Core Insights - Standard Chartered's Q4 2024 revenue exceeded Bloomberg consensus expectations, while profit fell short due to higher-than-expected other impairment losses and restructuring charges [2][4]. - The bank's net interest margin (NIM) increased by 42 basis points year-on-year to 2.12%, surpassing the consensus forecast of 1.88% [3][8]. - Credit impairment losses were lower than expected, while other impairment losses were significantly higher than anticipated, leading to a combined total that exceeded forecasts [2][4]. - The Common Equity Tier 1 (CET1) ratio rose to 14.2%, above the consensus estimate of 14.1% [3][8]. - The non-performing loan (NPL) ratio was reported at 2.17%, which is lower than the expected 2.32% [4][8]. Summary by Relevant Sections Revenue and Profit - The underlying operating income grew by 20.1% year-on-year, exceeding the consensus estimate of 11.0% [3][4]. - Net interest income increased by 19.6% year-on-year, significantly higher than the consensus forecast of 7.8% [3][4]. - Statutory profit before taxation decreased by 29.6% year-on-year, which was below the consensus estimate of a 9.6% decline [3][8]. Loan and Deposit Performance - Loans and advances to customers decreased by 2.1% year-on-year, which was worse than the consensus estimate of a 0.3% decline [3][8]. - Customer accounts saw a decline of 1.1% year-on-year, which was better than the Bloomberg consensus forecast of a 14.9% decrease [3][8]. Impairment and Asset Quality - Credit impairment losses amounted to $130 million, a year-on-year increase of 109.7%, but lower than the consensus estimate of $254 million [3][4]. - Other impairment losses reached $353 million, a significant year-on-year increase of 761.0%, exceeding the consensus estimate of $53 million [3][4]. - The gross NPL balance decreased by 14.2% year-on-year, which was better than the expected decline of 1.5% [4][8]. Capital and Return Metrics - The CET1 ratio increased by 0.1 percentage points year-on-year to 14.2%, surpassing the consensus estimate of 14.1% [3][8]. - The annualized Return on Tangible Equity (RoTE) decreased by 1.3 percentage points year-on-year to 8.1%, which was higher than the consensus estimate of 6.6% [3][4].

Core Insights - Standard Chartered Group reported a record high operating income of $19.7 billion for the full year 2024, representing a 14% increase on a constant currency basis [1] - In the fourth quarter, operating income rose by 21% to $4.8 billion [1] - The company announced a $1.5 billion share buyback program and proposed a final dividend of $0.28 per share [1]

免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | --- | --- | | | 股票發行人現金股息（可選擇貨幣）公告 | | 發行人名稱 | 渣打集團有限公司 | | 股份代號 | 02888 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 2024年末期股息 | | 公告日期 | 2025年2月21日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 | 普通股息 | | 財政年末 | 2024年12月31日 | | 宣派股息的報告期末 | 2024年12月31日 | | 宣派股息 | 每 股 0.28 USD | | 股東批准日期 | 有待公佈 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | HKD， 金額有待公佈 | | 匯率 | 有待公佈 | | 第一項可選擇貨幣之派息金額 | 每 股 0. ...

Financial Performance - Standard Chartered PLC reported its annual results for the year ending December 31, 2024[3]. - Total revenue for the company reached 193.576 billion, with a decrease of 1.9% compared to the previous period[120]. - The company reported a total of HKD 124,501 million in revenue for 2023, with a credit impairment of HKD 2,358 million, reflecting a coverage ratio of 1.0%[124]. - Total revenue for 2024 reached HKD 118,398 million, with a credit impairment of HKD 1,953 million, reflecting a coverage ratio of 1.1%[121]. - The total balance sheet amount reached $1,096,548 million in 2024, up from $1,055,148 million in 2023, indicating a growth of about 3.9%[100]. Risk Management - The company emphasized the importance of effective risk management as a core aspect of its banking operations[6]. - The enterprise risk management framework was reviewed and approved by the board annually, with the latest version effective from August 2024[6]. - The group employs a three lines of defense model for effective risk management and governance[11]. - The risk function oversees and challenges the group's risk management to ensure alignment with regulatory expectations[10]. - The group aims to balance risk and return to provide sustainable performance for stakeholders[6]. Credit Risk Management - The company conducts regular monitoring of credit risk, portfolio performance, and emerging risks, with reports submitted to the risk committee[35]. - The group considers expected credit impairment when debtors are overdue by more than 90 days or show signs of inability to fulfill credit obligations[42]. - The group employs a Value at Risk (VaR) model to quantify potential losses due to adverse market movements, calculated at a 97.5% confidence level for one business day[45]. - The group uses two VaR calculation methods: historical simulation and Monte Carlo simulation, with the latter capturing specific credit spread risk factors[45]. - The group has established a clear risk category framework to manage inherent risks within its strategic and business model[21]. Compliance and Regulatory Oversight - The group is actively monitoring regulatory developments and taking proactive compliance actions due to the changing regulatory environment[25]. - The group submitted a self-assessment report on resolvability to the Bank of England and the Prudential Regulation Authority, with a public disclosure scheduled for August 2024 as part of the second resolvability assessment framework cycle[56]. - The company implements policies and standards to mitigate compliance risks, ensuring adherence to legal regulations[70]. - The group conducts regular performance monitoring of model risks and reports results to relevant committees[78]. - The group is implementing a compliance roadmap in response to the evolving regulatory framework surrounding model risk management[77]. Credit Impairment and Losses - The credit impairment charge for the group was a net expense of 547 million (as of December 31, 2023: 508 million), with wealth management and retail banking generating a net expense of 644 million (as of December 31, 2023: 354 million)[94]. - The total credit impairment for the wealth management and retail banking business with collateral was 132,113 million as of December 31, 2023, a decrease of 574 million from the previous period[139]. - The total credit impairment for the unsecured wealth management and retail banking business was 61,619 million as of December 31, 2023, down by 650 million compared to the prior period[141]. - The overall credit impairment ratio was 1.7%, with Stage 1 at 0.2%, Stage 2 at 4.4%, and Stage 3 at 63.6%[111]. - The total credit impairment for 2024 is projected at 160,395 million, a decrease of 3,561 million compared to the previous year[178]. Asset Quality and Loan Performance - The total amount of loans classified as higher risk was HKD 1.833 billion, indicating a cautious approach to lending[117]. - The total amount of loans in the "satisfactory" category for 2024 is 50,594 million, with a credit impairment of 56 million[115]. - The total amount of customer loans classified as satisfactory was 510 million HKD in 2024, down from 997 million HKD in 2023, a decrease of about 48.8%[191]. - The average loan-to-value ratio for performing commercial real estate loans increased to 54% (as of December 31, 2023: 52%)[95]. - The total amount of loans and advances for commercial real estate in 2024 is 14,037 million, down from 14,533 million in 2023[189]. Strategic Initiatives and Future Outlook - The company plans to enhance market expansion strategies and invest in new technologies to drive future growth[112]. - The company is actively pursuing new product development in wealth management to cater to evolving customer needs and preferences[185]. - The group aims to enhance its risk management practices by improving non-financial risk management in its business and operational markets by 2025[25]. - The group is focused on integrating the enterprise risk management framework throughout the organization[28]. - The group aims to promote revenue growth while maintaining its risk appetite, with a structured risk appetite statement approved by the board[16].