Standard Chartered Inks Pact With China's Ant Group For Green Finance And Global Fund Management
Portfolio Pulse from Nabaparna Bhattacharya
Standard Chartered PLC (OTC:SCBFF) has signed a pact with China's Ant Group to deepen their partnership in green and inclusive finance, global fund management, and sustainable development. The companies will address environmental issues of climate change and ocean protection. Standard Chartered will support Ant Group in building a global liquidity and foreign exchange management structure and strengthen its collaboration in ESG, digital innovation, and inclusive finance.
July 31, 2023 | 12:32 pm
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Standard Chartered's partnership with Ant Group could strengthen its position in green finance and global fund management, potentially attracting more investors.
The partnership with Ant Group, a leading player in the fintech space, could enhance Standard Chartered's capabilities in green finance and global fund management. This could potentially attract more investors interested in ESG and sustainable development, thereby positively impacting the company's stock price in the short term.
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