Standard Chartered Bank (Hong Kong) announced that its HKD Best Lending Rate will be reduced by 25 bps to 5.625% per annum from 5.875% per annum, with effect from next Monday (11th).Meanwhile, its HKD savings deposit rates will also reduce to 0.375% per annum from 0.625% per annum.Related NewsCiti Elevates TPs for HSBC HOLDINGS/ STANCHART to $89.8/ $95.9