Group 1 - Standard Chartered's economist for Greater China, Chen Guanlin, expects HIBOR to closely reflect the trends of SOFR, with a forecast of 3-month HIBOR fluctuating around 3% in 2026, down from a previous estimate of 3.5% [1] - The bank anticipates that the U.S. economy will see accelerated growth due to AI-related investments, which may lead to an increase in inflation, thereby limiting the Federal Reserve's capacity for rate cuts in 2026 [1] - The Hong Kong Monetary Authority (HKMA) has intervened in the currency market by buying HKD and selling USD, resulting in a reduction of the banking system's aggregate balance from HKD 173.4 billion at the end of May to HKD 54.1 billion by the end of August [1] Group 2 - Standard Chartered indicates that due to a slowdown in capital inflows to the stock market and the ongoing recovery of the Hong Kong real estate market, there is limited room for further depreciation of the USD/HKD exchange rate in early 2026 [2] - The bank notes that seasonal factors towards the end of the year and index adjustments may lead to a slight tightening of HKD liquidity [2] - Ongoing debt swap activities may exert further appreciation pressure on HKD cross-currency swaps [2]

| 截至月份: | 2025年12月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 渣打集團有限公司 | | | 呈交日期: | 2026年1月7日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 第 1 頁 共 13 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02888 | 說明 | | 普通股指每股面值0.5美元普通股 | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | 2,274,933,671 | | 0 | | 2,274,933,671 | | 增加 / ...

外汇市场方面，渣打预计，短期内，美联储对宽松政策持审慎态度，叠加地缘风险带来的避险需求，支 撑美元保持涨势。但未来12个月，随着美联储可能转向宽松、其他主要央行加息周期近尾声，美债收益 率优势收窄，美元结构性支撑减弱，或重现疲软。 对于黄金，渣打维持超配，认为3个月及12个月目标价分别为4350美元/盎司、4800美元/盎司。新兴市 场央行持续的需求与有利的宏观环境，有望维持黄金涨势。 本报讯 （记者杨洁）1月7日，记者从渣打银行（以下简称"渣打"）获悉，渣打财富方案部日前发布 《2026年全球市场展望》。渣打建议投资者在基础投资组合中超配股票和黄金，对于中国资产则重点关 注科技、健康护理和通信行业。 渣打银行（中国）有限公司财富方案部总经理梁大伟表示："站在2026年的新起点，全球市场正面临关 键的转折。我们预见美元的结构性支撑将逐步减弱，而亚洲经济的韧性与改革红利正日益凸显。我们预 期风险资产在2026年将表现领先，在市场上升的同时分化将更为明显，建议在更广泛的资产类别中进行 分散投资。面对增长动能转换与地缘格局重塑的双重变奏，投资者更需要在不确定性中保持定力，在变 化中前瞻布局。" 在基础配置中，渣打建 ...

格隆汇1月7日丨渣打集团(02888.HK)发布公告，2026年1月6日耗资984.6万英镑回购53.05万股。 ...

智通财经APP讯，渣打集团(02888)发布公告，于2026年1月6日，该公司斥资984.59万英镑回购53.05万 股。 ...

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）變動 | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | | | | 於下列日期開始時的結存(註1) | 2026年1月5日 | | 2,263,003,334 | 0 | ...

Core Viewpoint - Standard Chartered Bank's Wealth Solutions Department released the "2026 Global Market Outlook," emphasizing the potential for a soft landing in the U.S. economy and the expected performance of risk assets due to easing global trade tensions and advancements in artificial intelligence [1]. Group 1: Investment Strategy - The bank recommends investors to overweight stocks and gold in their core investment portfolios, with a focus on technology, healthcare, and telecommunications sectors in China [1]. - Standard Chartered expects risk assets to outperform in 2026, suggesting a diversified investment approach across various asset classes due to market differentiation [3]. Group 2: Regional Focus - The bank continues to favor Chinese stocks, anticipating benefits from improved corporate governance and targeted policy support for technology and innovation [3]. - It is projected that China may implement decisive and targeted stimulus measures in 2026, particularly in line with the "14th Five-Year Plan" aimed at enhancing investment in advanced technologies [3]. Group 3: Fixed Income and Currency Outlook - Standard Chartered views global bonds as core holdings, preferring government bonds over corporate bonds due to attractive nominal yields [5]. - The bank is overweight on emerging market government bonds, benefiting from moderate inflation and favorable monetary policies, while underweight on developed market corporate bonds [6]. - In the currency market, the bank anticipates the U.S. dollar to maintain strength in the short term but expects structural support to weaken over the next 12 months [6]. Group 4: Commodity Insights - Standard Chartered maintains an overweight position on gold, with target prices of $4,350 and $4,800 per ounce for the next 3 and 12 months, respectively, driven by ongoing demand from emerging market central banks [6]. - The bank forecasts oil prices to stabilize around $61 per barrel in the next 3 months and $60 per barrel in the next 12 months, with supply surplus limiting potential price spikes from geopolitical risks [6].

日前，渣打银行财富方案部发布《2026年全球市场展望》，主题为 "浮沤危悬？多元布局！"。 在采访中，渣打中国财富方案部投资策略总监王昕杰表示，从宏观层面看，2026年美国经济软着陆的几率上 升，随着全球贸易紧张局势缓和、主要经济体将推进宽松的财政和货币政策，以及人工智能蓬勃发展，风险资 产预期将表现领先。 渣打方面建议，投资者在基础投资组合中超配股票和黄金，对于中国资产则重点关注科技、健康护理和通信行 业。 超配中国股票 "站在2026年的新起点，全球市场正面临关键的转折，地缘政治冲突、人工智能泡沫等讨论备受关注。我们预 见，美元的结构性支撑将逐步减弱，而亚洲经济的韧性与改革红利正日益凸显。"渣打银行（中国）有限公司 财富方案部总经理梁大伟指出。 渣打预期，风险资产在2026年将表现领先，在市场上升的同时分化将更为明显，建议在更广泛的资产类别中进 行分散投资。面对增长动能转换与地缘格局重塑的双重变奏，投资者更需要在不确定性中保持定力，在变化中 前瞻布局。 在基础配置中，渣打建议超配美国、印度和中国股票，新兴市场债以及黄金，同时低配欧洲、英国和日本股 票。其中，中国股票则有望获益于企业治理的改善，以及针对科技 ...

Core Viewpoint - Standard Chartered Bank forecasts that risk assets will perform well by 2026 due to easing global trade tensions, expansionary fiscal and monetary policies from major economies, and the growth of artificial intelligence [1] Investment Strategy - The bank recommends overweighting stocks and gold in the core investment portfolio, with a focus on technology, healthcare, and telecommunications sectors in China [1][2] - In terms of asset allocation, Standard Chartered suggests overweighting U.S., Indian, and Chinese stocks, emerging market bonds, and gold, while underweighting European, UK, and Japanese stocks [2] Bond Market Outlook - Standard Chartered views global bonds as a core holding, preferring government bonds over corporate bonds, and recommends overweighting emerging market government bonds [2] - For U.S. Treasury bonds, the bank believes that 5-7 year bonds will provide a balance between higher yields and managing fiscal and inflation risks [2] Stock Market Outlook - The bank maintains an overweight position on global stocks, favoring U.S. and Asian (excluding Japan) equities, supported by strong earnings growth and a soft landing expectation for the economy [2] - Chinese stocks are expected to benefit from improved corporate governance and targeted policy support for technology and innovation [2] Currency Outlook - Standard Chartered anticipates that the U.S. dollar index will peak around 100.5 in the next three months, with short-term support from cautious Fed policies and geopolitical risks [3] - Over the next 12 months, the structural support for the dollar is expected to weaken as the Fed shifts towards easing and other major central banks near the end of their rate hike cycles [3] Commodity Outlook - The bank maintains an overweight position on gold, with target prices of $4,350 and $4,800 per ounce for the next three and twelve months, respectively, driven by ongoing demand from emerging market central banks [3] - For crude oil, Standard Chartered expects prices to remain around $61 per barrel in the next three months and $60 per barrel in the next twelve months, with supply surplus limiting potential price rebounds from geopolitical risks [3]

智通财经APP讯，渣打集团(02888)发布公告，于2026年1月5日，该公司斥资996.19万英镑回购53.59万股 股份;注销136.12万股已回购股份。 ...