Standard Chartered Group (2888galagaarcade.HK) rose 2.57% to HK$73.8 at the beginning of the sessiongalagaarcade, setting a new high since May 2018. On the news front, in the first quarter, driven by a 33% year-on-year increase in basic non-interest income, the company's basic operating income increased by 17%, and its basic pre-tax profit increased by 25% to US$2.13 billion, far exceeding market expectations. The benchmark pre-tax profit was recorded at US$1.91 billion, which also exceeded expectations.