00388 HKEX
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HKEX News
Hong Kong Stock Exchange (00388.HK) Chen Yiting: Working closely with mainland institutions to implement interchange optimization services
On May 13, Chen Yiting, CEO of the Hong Kong Stock Exchange (00388.HK) Group, said he warmly welcomed the exchange optimization measures announced by the regulators of the two places today. As the world's first derivatives market interconnection mechanism, swap allows Hong Kong and overseas investors to participate in interbank products in the mainland China interbank market. Since its launch, it has been very popular with investors, and is cooperating closely with the China Foreign Exchange Trading Center and the Shanghai Clearing House to implement these optimized services.
Hong Kong Stock Exchange (00388) Chen Yiting: Closely cooperating with Mainland institutions to implement exchange optimization services
Chen Yiting, CEO of the Hong Kong Stock Exchange (00388) Group, said he warmly welcomed the exchange optimization measures announced by the regulators of the two places today.
Bank Ratings | Goldman Sachs: Target price of HK$330 on the Hong Kong Stock Exchange, potential dividend tax cuts are a major benefit to Hong Kong stock transactions
Glonghui, May 13 | Goldman Sachs released a report saying that Bloomberg quoted news that the China Securities Regulatory Commission and the State Administration of Taxation are reviewing a plan submitted by Hong Kong to exempt Hong Kong Stock Connect dividends from 20% profits tax. Driven by the news, the stock price of the Hong Kong Stock Exchange closed up 7% last Friday. Although the bank did not comment on the results, it proposed an upward scenario, that is, if the recommendation is implemented, the volume of Southbound Connect may increase. The bank notes that investors in Nanxiangtong prefer stocks with high dividend yields. Goldman Sachs expects the average daily turnover of stock trading to stabilize in the 2024 fiscal year, with a compound annual growth rate of about 12% from 2024 to 2026
Express News | Reminder: Northbound Capital will no longer disclose real-time transaction amounts starting today
Express News | Ping An Asset Management reduced its shareholding ratio of HSBC Holdings from 8.01% to 7.98%
Beishui Trends | Beishui Trading's net purchase of 6.505 billion Hong Kong Stock Connect dividend tax relief rumors boost sentiment, domestic investors scramble to raise high-dividend assets throughout the day
On May 10, in the Hong Kong stock market, Beishui made a net purchase of HK$6.505 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$3.206 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$3,299 billion.
Overview of the Hong Kong market | The three major indices rose sharply in the afternoon, and high-interest concept stocks such as domestic banks, domestic insurance, and coal were strong throughout the day! CCB rose nearly 7%, and China's Shenhua rose mo
The trend of TechNet shares was divided. Bilibili fell more than 2% and Ali rose more than 1%; domestic housing stocks continued to rise, with Shimao Group rising 60% and Xuhui Holdings rising more than 11%.
Bank Ratings | Lyon: If the Hong Kong Stock Connect dividend profits tax is exempt, the valuation of H shares will recover and maintain the “buy” rating of the Hong Kong Stock Exchange
Glonghui, May 10 | Lyon issued a report saying that the China Securities Regulatory Commission and the State Administration of Taxation are reviewing a plan submitted by Hong Kong to exempt Hong Kong Stock Connect dividends from 20% profits tax. Although the bank is currently unclear whether the relevant proposal will be approved by the authorities, the bank believes that such tax relief may help the valuation of H shares recover and will increase the overall average daily turnover of Hong Kong stocks with minimal growth in the average daily turnover of Hong Kong stocks. According to the bank, the expansion of the Hong Kong Stock Exchange's connectivity with the Middle East may help introduce more capital flows. Lyon also reminds investors to be aware of the risk of short-term excessive adjustments in the Hong Kong Stock Exchange, but the average daily trading trend is recovering
The Hong Kong Stock Connect dividend tax may be considered to detonate Hong Kong stocks. The Hong Kong Stock Exchange's latest response: No comment
According to recent market news, regulators are considering reducing the 20% income tax that mainland individual investors need to pay when investing in Hong Kong stock listed companies through the Hong Kong Stock Connect to receive dividend dividends.
Express News | Is the Hong Kong Stock Connect dividend tax being considered for reduction? Hong Kong Stock Exchange: No comment
The volume of the Hong Kong Stock Exchange (0388.HK) surged by more than 8%
Glonghui, May 10 | Hong Kong Stock Exchange (0388.HK) strengthened further in the afternoon. At one point, it surged 8.21% to HK$287.4, a new high since November 23, 2023. Up to now, the turnover has increased to HK$4.6 billion. Bloomberg yesterday quoted people familiar with the matter as saying that China is considering reducing the 20% income tax that mainland individual investors need to pay when investing in Hong Kong stocks through the Hong Kong Stock Connect to receive dividends to avoid repeated taxation between the two places. J.P. Morgan said that if the plan is implemented, it will have a significant benefit to the Hong Kong Stock Exchange's trading volume. According to Motong, based on the 30-day moving average, the average daily turnover of Hong Kong stocks is
Intraday Overview | Hong Kong stock trends diverge, high dividend concept carnival; domestic housing stocks skyrocketed, Shimao Group rose more than 50%
The Hong Kong Stock Exchange rose more than 6%. Reports say Hong Kong Stock Connect's dividend tax may be reduced, and the listing of Saudi companies in Hong Kong is just around the corner.
Changes in Hong Kong stocks | The Hong Kong Stock Exchange rose nearly 6%. Reports say the Hong Kong Stock Connect dividend tax or exemption, and the listing of Saudi companies in Hong Kong is just around the corner
Source: Zhitong Finance's $Hong Kong Exchange (00388.HK) $ rose nearly 6%. As of press release, it rose 5.95% to HK$281.4, with a turnover of HK$2,345 billion. According to the news, according to media reports, China is reportedly considering reducing dividend tax on mainland individual investors investing in Hong Kong listed companies through the Hong Kong Stock Connect. If the news is true, it will bring significant benefits to Hong Kong stocks. According to the CICC Research Report, if the Hong Kong Stock Connect dividend tax relief is implemented, it is expected to further boost the enthusiasm of mainland investors to invest in Hong Kong stocks, especially in high-dividend-related sectors, boost sentiment in the short term, and help improve the liquidity of the Hong Kong stock market in the long term
Changes in Hong Kong stocks 丨 The Hong Kong Stock Exchange surged by more than 6%. According to news, the Hong Kong Stock Connect dividend tax will be reduced
Glonghui, May 10 | Hong Kong Stock Exchange (0388.HK) jumped higher and rose more than 6% to HK$282 in the intraday period, reaching a new high since November 2023. According to the news, Bloomberg quoted people familiar with the matter as saying that China is considering reducing the 20% income tax that mainland individual investors need to pay when investing in Hong Kong stocks through the Hong Kong Stock Connect to receive dividends to avoid repeated taxation between the two places. If the relevant plan is implemented, it is expected to help further improve the liquidity of Hong Kong stocks and attract companies to Hong Kong to raise capital. CICC believes that if the Hong Kong Stock Connect dividend tax relief is implemented, it is expected to further boost mainland investors's interest in Hong Kong stocks, particularly
Institutions: If the Hong Kong Stock Connect dividend tax is adjusted, how much impact will it have?
We believe that if the Hong Kong Stock Connect dividend tax relief is implemented, it is expected to further boost the enthusiasm of mainland investors to invest in Hong Kong stocks, especially in high-dividend-related sectors, boost sentiment in the short term, and help improve the liquidity of the Hong Kong stock market in the long term.
“Saudi companies are about to go public in Hong Kong”! The CEO of the Hong Kong Stock Exchange made a big statement
On May 9, HKEx and Saudi Stock Exchange Group (STG) co-hosted the “Hong Kong-Saudi Capital Market Forum” (CMFHong Kong) at the Hong Kong Financial Assembly Hall. This is the first time that the Saudi Stock Exchange Group has hosted a capital market forum overseas.
Dongwu Securities: Capital market cooperation goes hand in hand with Hong Kong, and the Hong Kong Stock Exchange (00388.HK) connectivity mechanism has been optimized again
According to a research report released by CICC, net profit due to the Hong Kong Stock Exchange (00388.HK) in 2024-2026 is estimated to be HK$121.24 /131.63/HK$14.133 billion, respectively, with corresponding growth rates of 2.21%/8.57%/7.37%, respectively. The policy dividend period is superimposed at the bottom of the cycle, which is optimistic about the development prospects of the Hong Kong Stock Exchange. As a global capital exchange hub, the Hong Kong Stock Exchange fully enjoys the policy dividends of deepening the opening up of domestic capital markets based on a “scarce track+light asset” operation model. It is blessed with excellent exhibition conditions, and there is no interconnection mechanism with emerging capital markets
Express News | Hong Kong Stock Exchange CEO Chen Yiting: The first Saudi company to go public in Hong Kong is just around the corner
Express News | Hong Kong is cooperating with Saudi Arabia to develop an ETF that tracks the Hong Kong stock index
Express News | HKEx's new CEO is optimistic that major IPOs will make a comeback
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