Core Insights - The article discusses the increasing interest of Chinese enterprises in the ASEAN market and the establishment of a dedicated "corridor banker" team by Standard Chartered Bank to facilitate this expansion [1][3]. Group 1: Market Opportunities - ASEAN is becoming a popular destination for Chinese companies looking to expand overseas, with a notable focus on the Johor-Singapore Economic Zone, which is expected to attract more Chinese investment [1][3]. - The shift in Chinese enterprises' approach to ASEAN has evolved from using the region primarily as a manufacturing base to a more diversified supply chain strategy that emphasizes multi-point and segmented layouts [3][4]. Group 2: Local Operations - Chinese companies are increasingly prioritizing localized operations in ASEAN, moving from agency and franchise models to direct store operations for deeper brand integration [3][4]. - The trend of vertical integration in supply chains is becoming more pronounced, with many countries encouraging the development of complete vertical supply chains locally [4]. Group 3: Challenges Faced - Chinese enterprises face significant challenges in ASEAN, including foreign exchange management issues due to currency fluctuations and strict capital flow regulations in most countries [4]. - A specific example highlights a Chinese manufacturing company's difficulties in financing for a new base in Indonesia, which Standard Chartered addressed by creating a tailored financing solution that combined USD and RMB [4]. Group 4: Future Outlook - The ASEAN region presents vast market opportunities for Chinese enterprises, which are expected to evolve into true multinational corporations over the next 5-10 years, enhancing their understanding of local market characteristics and achieving genuine localization [5].

伴随着中国企业出海的进一步提速，中国企业家当下正面临越来越复杂的"全球化生存"挑战。 万得数据显示，2024年共有3667家A股上市公司披露境外业务收入，占A股公司总数的68%；合计实现 境外总收入9.52万亿元，较2020年增长56.58%。立讯精密、比亚迪2024年境外业务收入已超2000亿元， 其背后的消费电子和汽车行业上市公司2024年境外营业收入较2020年分别增长87.95%和130.19%。 2025年，跨境并购再度升温。安永发布的《2025年上半年中国海外投资概览》指出：中企2025年上半年 宣布的海外并购交易数量达到200宗，总金额已达196亿美元，同比猛增79%。 从绿地投资到跨境并购，从跨境电商到品牌与渠道出海扎根当地市场，从传统欧美市场到"一带一路"新 兴市场——来自千行百业的中国公司加速出海步伐，在地域上越走越"宽"，在跨国经营的生态链条上越 走越"深"。 中国企业家这个群体，当下也面临前所未有的"全球化生存"挑战：一方面随着企业加速全球化布局，作 为操盘手和掌舵人，他们在工作上会面对从企业全球化运营到法律、跨境金融运作等领域的全方位挑 战；另一方面，作为个体，他们在个人与家庭层面上 ...

伴随着中国企业出海的进一步提速， 中国企业家当下正面临越来越复杂的 "全球化生存"挑战。 未被满足的刚需背后，往往代表着巨大的市场机会。一些国际金融机构在服务中国企业出海的过程中，也注意到中国企业家群体的这一新需求。 渣打银行 等机构近期已开始推出 "企业出海管家"这样的综合金融服务来树立差异化竞争优势 ， 以获取正在加速出海的中国企业家的认可。 出海路上遭遇 "疑难杂症"，中国企业家见招拆招"四两拨千斤" 在最新一轮出海浪潮中，很多中国企业将地理距离相对较近的东南亚市场作为第一站，毕竟 7 亿人口的东盟市场有着足够的吸引力。 但东南亚各国的宗教、文化与法律体系方面，均有非常大的差异。中国企业探索的并不是一个标准化的单一市场，而更像是要逐渐去解锁一块又一块五彩 缤纷各具特色的 "拼图"。这就对中国企业家的全球化管理能力带来了极大的考验。 万得数据显示， 2024 年共有 3667 家 A 股上市公司披露境外业务收入，占 A 股公司总数的 68% ；合计实现境外总收入 9.52 万亿元，较 2020 年增 长 56.58% 。立讯精密、比亚迪 2024 年境外业务收入已超 2000 亿元，其背后的消费电子和汽车 ...

Core Viewpoint - The visit of UK Prime Minister Starmer to China from January 28 to 31 aims to expand cooperation, promote trade in goods and services, and enhance bilateral investment between the two countries [1] Group 1: Economic Cooperation - The UK and China have highly complementary economic structures, and both countries support free trade and multilateral trade systems [1] - The ongoing economic and financial dialogue mechanisms between China and the UK have strengthened policy communication and market trust, creating a stable and predictable environment for bilateral trade, investment, and financial cooperation [1] Group 2: Standard Chartered's Role - Standard Chartered, with 168 years of continuous operation in China, remains optimistic about the long-term development prospects of the Chinese economy and continues to invest in the Chinese market [1] - The bank acts as a "connector," assisting UK enterprises in entering the Chinese market and supporting Chinese companies in expanding into the UK and globally [1] - Examples of Standard Chartered's initiatives include helping a UK multinational company establish a cross-border integrated fund pool in China and financing a green project for a Chinese renewable energy company to build a battery super factory in the UK [1] Group 3: Future Collaboration Areas - Standard Chartered plans to continue promoting deep economic and financial cooperation between China and the UK in areas such as new economy sectors, Belt and Road projects, Greater Bay Area development, Yangtze River Delta integration, RMB internationalization, financial market opening, and cross-border trade [2]

智通财经APP讯，渣打集团(02888)发布公告，该公司于2026年1月27日注销106.95万股已回购股份。 该信息由智通财经网提供 ...

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 | | 每股發行/出售價 (註4) | 已發行股份總數 | | 於下列日期開始時的結存(註1) ...

◎记者 陈佳怡 申畅是渣打银行（新加坡）有限公司中资企业海外事业部执行总监，也是渣打银行负责东盟市场的"走 廊银行家"。谈起近期的工作节奏，她告诉上海证券报记者："以前年底到圣诞、元旦，多少能有时间放 松一下，现在却一直很忙，业务要推进、项目要落地、政策要解读，节奏根本慢不下来。" 这种节奏的转变，早已超出个体感受，成为中企出海进入"深耕时代"的直观注脚。"机遇不断涌现""中 企出海仍是大势所趋""创新技术会是中企出海的核心竞争力"……近期，上海证券报记者采访了多位外 资金融机构相关负责人，他们普遍看好服务中企出海的业务前景，并表示将持续扮演好外资金融机构 的"桥梁"作用，持续加大服务中企出海的资源配置。 在这一过程中，出海模式、行业赛道、区域布局等诸多维度在发生深刻变革。洪纪伦表示，这些变化包 括：从制造业到新能源、新消费等新兴产业，从加工为主向全球价值链上游转移，从并购到绿地投资， 从以国企为主到民企引领，从单一流向到全球布局和建立区域中心等。 具体到东盟市场，申畅观察到，早期（2018年左右）中企出海主要是将东盟作为生产加工基地，进行来 料加工后出口欧美，形成了越南制造、泰国制造、马来西亚制造等模式。如 ...

Core Viewpoint - The dominance of traditional bank deposits as a safe haven is being challenged by the rise of dollar-pegged stablecoins, posing a structural risk to banks globally [2][4]. Group 1: Impact on Bank Deposits - Standard Chartered estimates that U.S. bank deposits could decrease by one-third of the stablecoin market cap, which is currently around $301 billion, indicating a potential outflow of tens of billions of dollars from the banking system [4]. - If the stablecoin market grows to approximately $2 trillion, banks in developed economies could see around $500 billion in deposits leave by the end of 2028, while emerging-market banks could lose close to $1 trillion during the same period [5]. Group 2: Stablecoin Demand and Market Dynamics - Approximately two-thirds of stablecoin demand originates from emerging markets, with one-third from developed markets [5]. - The yield on stablecoins has become a contentious issue, with banks arguing that it could lead to a significant outflow of deposits and increased risks of bank runs, while the crypto community claims that stablecoins already generate yield through reserves and market activities [6]. Group 3: Legislative Context - The debate surrounding stablecoins has intensified with proposed U.S. legislation like the CLARITY Act, which has faced opposition from exchanges like Coinbase, arguing that such restrictions would hinder innovation and institutional adoption [7]. - Bank of America CEO Brian Moynihan has warned that up to $6 trillion in bank deposits could transition to stablecoins, representing about 30-35% of total commercial bank deposits in the U.S. [8].

The regulatory bottleneck in Washington is masking a trillion-dollar threat to the U.S. banking core. The rise of stablecoins is moving beyond emerging markets to become a direct threat to domestic balance sheets, investment bank Standard Chartered said in a Tuesday report. The primary risk for U.S. lenders is the erosion of net interest margin (NIM), according to Geoff Kendrick, head of digital assets research at Standard Chartered. He identified NIM as the most critical vulnerability because it is drive ...

Core Viewpoint - Stablecoins pose a significant threat to global and U.S. bank deposits, with Standard Chartered estimating that U.S. bank deposits could decrease by about one-third of the current stablecoin market value, which is approximately $301.4 billion [1] Group 1: Impact on U.S. Banks - Standard Chartered identifies regional U.S. banks as the most at risk due to their higher reliance on net interest income (NIM) from deposits, with affected banks including Huntington, M&T Bank, and Truist [1] - Diversified banks and investment banks are expected to be less impacted by the rise of stablecoins [1] Group 2: Market Projections - Current data shows that USDT and USDC account for only 0.02% and 14.5% of bank deposits, respectively, indicating limited immediate deposit effects [1] - Standard Chartered projects that if the stablecoin market reaches $2 trillion by 2028, developed market banks could lose approximately $500 billion in deposits, while emerging markets could see losses of up to $1 trillion [1]