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BUZZ-StanChart's HK shares hit near 10-year peak after profit rise, buyback

Reuters
02-21
BUZZ-StanChart's HK shares hit near 10-year peak after profit rise, buyback

** Hong Kong shares of Standard Chartered 2888.HK climb 1.7% to HK$113, their highest since July 2015, and on course for the fifth consecutive session of gain

** Stock on track for the biggest one-day pct rise since February 12

** Standard Chartered STAN.L announces a new $1.5 bln share buyback after reporting its annual profit rose 18%

** The Hang Seng Finance Index .HSNF rises 1.4%, Hang Seng Index .HSI jumps 3.7%

** Hong Kong-listed stock up 16.3% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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