{"id":120470,"date":"2026-09-09T03:40:09","date_gmt":"2026-09-09T03:40:09","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/120470\/"},"modified":"2026-09-09T03:40:09","modified_gmt":"2026-09-09T03:40:09","slug":"standard-chartered-launches-cross-border-rmb-payment-services-vi","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/120470\/","title":{"rendered":"Standard Chartered Launches Cross-Border RMB Payment Services vi"},"content":{"rendered":"<p>On September 08, 2026, Standard Chartered Bank Hong Kong announced the completion of its systems upgrade for the Cross-Border Interbank Payment System (CIPS) and the launch of cross-border RMB payment and clearing services. This development positions the bank as a pioneer, being the first foreign bank to connect with the National Unified Clearing Center (NUCC) through the CIPS platform. The new service aims to enhance the efficiency and security of cross-border payments, particularly for partners like Ant International.<\/p>\n<p> Super Micro Computer Inc <a href=\"https:\/\/www.gurufocus.com\/stock\/SMCI\/summary\" has-slot=\"true\" rel=\"nofollow noopener\" target=\"_blank\">SMCI<\/a> currently has a Price-to-Sales (P\/S) ratio significantly below its historical median of ~0.6x, indicating that earnings-based valuation metrics like P\/E are not applicable due to the company&#8217;s cash-flow-negative status. GF Score\u2122 of 84\/100 suggests strong overall performance, particularly in growth and profitability. Insider activity shows that 8 gurus hold SMCI, with 7 adding to their positions in recent quarters, signaling confidence in the company&#8217;s future. What&#8217;s Behind the News? <\/p>\n<p>The launch of cross-border RMB payment and clearing services by Standard Chartered Bank is a significant milestone in the banking sector, particularly for foreign banks operating in China. By integrating with the NUCC, the bank is set to facilitate real-time cross-border clearing, which is crucial for enhancing the convenience and security of transactions. This move comes at a time when there is a growing demand for faster and more efficient RMB payment services, driven by the increase in cross-border trade and e-commerce.<\/p>\n<p>Super Micro Computer Inc <a href=\"https:\/\/www.gurufocus.com\/stock\/SMCI\/summary\" has-slot=\"true\" rel=\"nofollow noopener\" target=\"_blank\">SMCI<\/a>, a technology company specializing in high-performance server solutions, operates within the hardware industry. With a market capitalization of approximately $26.4 billion, SMCI provides a range of products including servers, storage systems, and networking devices. The company generates over half of its revenue from the United States, with the remainder coming from Europe, Asia, and other regions.<\/p>\n<p> Is SMCI Overvalued on a Price-to-Sales Basis? <\/p>\n<p>Currently, SMCI&#8217;s Price-to-Sales (P\/S) ratio is significantly lower than its historical median of approximately 0.6x, which indicates that the market may be pricing in lower growth expectations for the company. Given that SMCI is currently unprofitable and cash-flow-negative, traditional earnings-based valuation metrics like P\/E are not applicable. Instead, the P\/S ratio provides a more relevant perspective on the company&#8217;s valuation relative to its sales performance.<\/p>\n<p>Moreover, the GF Value\u2122 for SMCI is calculated at $82.51, suggesting that the stock is undervalued by 51.2% compared to its current price of $40.26. However, this figure should be viewed as a directional warning rather than a precise fair-value target, especially considering SMCI&#8217;s current financial challenges. For more insights, you can check the <a href=\"https:\/\/www.gurufocus.com\/term\/gf-value\/SMCI\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">GF Value\u2122<\/a>.<\/p>\n<p> What Does SMCI&#8217;s GF Score\u2122 Tell Us? <\/p>\n<p>The GF Score\u2122 is a comprehensive measure that evaluates a company&#8217;s financial strength, profitability, growth potential, valuation, and momentum. SMCI&#8217;s score of 84 indicates strong performance, particularly in growth and profitability, while its valuation rank is notably low at 2\/10, highlighting potential concerns regarding its current market price.<\/p>\n<p> GF Score\u2122 84 Financial Strength 7\/10 Profitability 8\/10 Growth 10\/10 Valuation 2\/10 Momentum 7\/10 <\/p>\n<p>SMCI&#8217;s strengths lie in its growth and profitability, as indicated by its high rankings in these areas. However, the low valuation rank suggests that the market may not be fully recognizing its potential, which could be a concern for investors. For a deeper analysis, visit the <a href=\"https:\/\/www.gurufocus.com\/stock\/SMCI\/summary\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SMCI stock page<\/a>.<\/p>\n<p> What Are Gurus and Insiders Doing with SMCI? <\/p>\n<p>Currently, 8 gurus hold positions in SMCI, with 7 increasing their stakes in recent quarters, indicating a positive sentiment among knowledgeable investors. This guru ownership signal is a key differentiator for GuruFocus, providing unique insights into market confidence. Notably, there has been no recent insider buying or selling activity, suggesting that insiders may be holding their positions as they assess the company&#8217;s future prospects.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/09\/2097508197018542080.png\" alt=\"2097508197018542080.png\"\/><\/p>\n<p>What This Means for Investors <\/p>\n<p>In conclusion, while SMCI presents a compelling growth story with strong support from institutional investors, its current valuation metrics, particularly the Price-to-Sales ratio, suggest caution. The low GF Valuation rank and cash-flow-negative status indicate that potential investors should carefully consider the risks before making any decisions. For further details on SMCI&#8217;s performance and metrics, check out the <a href=\"https:\/\/www.gurufocus.com\/stock\/SMCI\/summary\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">SMCI stock page<\/a>.<\/p>\n<p> Frequently Asked Questions <\/p>\n<p>What is SMCI&#8217;s GF Score\u2122?<\/p>\n<p>SMCI&#8217;s GF Score\u2122 is 84, indicating strong overall performance, particularly in growth and profitability metrics.<\/p>\n<p>Is SMCI overvalued or undervalued?<\/p>\n<p>SMCI&#8217;s Price-to-Sales ratio suggests it is undervalued compared to its historical median, while P\/E is not meaningful due to its cash-flow-negative status.<\/p>\n<p>What is SMCI&#8217;s P\/E ratio compared to historical?<\/p>\n<p>SMCI&#8217;s current P\/E ratio is 12.58, significantly lower than its 5-year median of 19.34, reflecting its current unprofitable status.<\/p>\n<p>This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to <a href=\"http:\/\/www.gurufocus.com\/cdn-cgi\/l\/email-protection#482d2c213c273a3b082f3d3a3d2e272b3d3b662b2725\" rel=\"nofollow noopener\" target=\"_blank\">[email\u00a0protected]<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"On September 08, 2026, Standard Chartered Bank Hong Kong announced the completion of its systems upgrade for the&hellip;\n","protected":false},"author":2,"featured_media":111359,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[623,34328,45751,18,45874,20677],"class_list":["post-120470","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-article","tag-gurufocus","tag-gurufocus-news","tag-news","tag-smci","tag-standard-chartered"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/120470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=120470"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/120470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/111359"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=120470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=120470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=120470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}