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Credit Suisse, in its latest research report, said it expects STANCHART (02888.HK)  +1.700 (+1.266%)    Short selling $17.82M; Ratio 14.924%   revenue in the 2H will grow 3% yearly, with pre-tax profit of US$3.3 billion (up 1% half-yearly, or up 6% yearly).
The research house remains cautious toward Standard Chartered's overall asset quality trends, especially for the impact of economic slowdown in the emerging markets and commodity exposures. Meanwhile, the 2014-16 earning forecast was cut by 2-3% due to higher provision and business disposal, causing loss of earnings.
The Underweight rating is maintained with target price reduced from $146.27 to $129.74

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