STANCHART Chairman Expects 2 Rate Cuts by Fed This Yr w/ Confident in HK Future

　　Hong Kong is STANCHART (02888.HK) +3.600 (+4.911%) Short selling $8.06M; Ratio 6.858% 's primary market, and remained confident in Hong Kong's future, especially as an international financial center. STANCHART will invest more in Hong Kong and bring in more talent in the future, Jose Vinals, Chairman of STANCHART, said.

　　In addition, Vinals expected an interest rate cut by the US Fed in September and November 2024 each, with 4 rate cuts in 2025.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-30 16:25.)