BANKCOMM News

Most bank stocks in Hong Kong have risen, with Ping An Insurance "scooping up" bank H-shares, reaching a total Hold Positions scale of 180 billion Hong Kong dollars over 6 months.

This round of Buying has raised Ping An's shareholding ratio in Industrial And Commercial Bank Of China in Hong Kong to 18%, while the shareholding ratios in CM BANK and Agricultural Bank Of China have also risen to over 15%. Analysis indicates that insurance funds are attracted to the undervalued, high-dividend advantages of bank stocks, with the average dividend yield of Chinese banks in Hong Kong exceeding 4%. The buying by insurance funds has driven a significant rise in the banking Sector, with the Chinese bank Index in Hong Kong reaching a new seven-year high, while Agricultural Bank Of China and others have set historical new highs.

wallstreetcn10:09

【Special Contributor】Deng Shengxing: The Middle East situation is easing tensions, with Hong Kong stocks fluctuating within a Range of a thousand points.

Jingwu Financial News | The Hang Seng Index closed at 24177 on Tuesday (24th), up by 487 points or 2.1%. The total market turnover was 240.4 billion yuan. The National Index rose by 1.9% to 8760; the Tech Index increased by 2.1% to 5297. The Middle East war is expected to come to an end, with the market estimating a drop in freight rates, putting pressure on shipping stocks. COSCO Shipping Holdings (01919) declined by 0.4% to 13.86 yuan; oil service stocks also faced heavy selling pressure, with Honghua (00196) dropping 4.3% to 0.201 yuan; the Dow Jones closed at 43089 points on Tuesday (24th), up by 507 points or 1.19%; the S&P 500 rose by 1.11% to 60.

Jinwu Finance News09:49

【Broker Focus】CITIC SEC: Current Bank Assets quality data is stable, but the quality of retail credit assets still needs to be closely monitored.

Jinwu Financial News | CITIC SEC stated that changes in the funding situation of 42 listed Banks in the A-share market indicate that in 2024, the overall allocation by Institutions is warming up. The scale of existing passive Funds has dramatically increased, with ongoing allocations to Bank stocks, while actively managed Funds are also steadily increasing their holdings in Bank stocks. There is significant potential and willingness for insurance capital to increase its allocation to Bank stocks, while Northbound capital holdings have shifted from volatility to stability and continue to be highly allocated. In the next phase, the positive impact of new public fund regulations, combined with the sustained demand for stable return equity assets from insurance capital, means there is still room for Institutions to increase allocations. Looking forward: 1) Passive Funds are expected to transition from rapid growth to steady growth; 2) The new public fund regulations are likely to positively impact the main...

Jingu Financial News08:54

How much insurance was purchased from the Bank?

Changjiang Securities stated that as of June 20, among the 19 stake acquisitions by insurance companies for 2025, 9 involved Bank stocks, with 7 being Hong Kong Bank stocks. In terms of holding size, the reference market value held by insurance Institutions in A-share Bank stocks reached 265.78 billion yuan; among the 7 Hong Kong Bank stocks with a high weight in the Hang Seng Financial Index, the market value held by insurance Institutions exceeded 560 billion yuan, accounting for about 20% of the total insurance Stocks holdings, indicating a relatively high concentration.

wallstreetcn08:48

Express News | Qatar's Prime Minister: Qatar will take legal and diplomatic action against the attack by Iran.

BreakingsJun 24 19:29

Express News | Chongqing Sokon Industry Group Stock: The controlling subsidiary Chongqing Sokon Industry Group Cars has completed a strategic capital increase of 5 billion yuan.

BreakingsJun 24 18:13

Express News | The 500 billion yuan special government bonds have been fully allocated to the four major banks, and the fundraising for the four major banks' private placement has been successfully completed.

BreakingsJun 24 17:13

[Brokerage Focus] Zhongtai: Bank underlying asset risks are backed, Bullish on the stability and sustainability of banks.

Jinwu Financial News | Zhongtai has released a Research Report indicating that the connection between Banks and the government is further strengthening, with major banks reinforcing their relationships with central finances and local banks with local finances. In the context of risk prevention, the capital replenishment process for banks is accelerating, and the capital replenishment plans of the four major banks have been implemented, estimating that this round of capital support for major banks can at least sustain growth for the next five years. In the future, the capital replenishment process for small and medium-sized banks may accelerate. The institution also pointed out that the customer group supported by national credit accounts for a large proportion in the banking customer base; in recent years, the non-performing loan rate for corporate clients has decreased while it has increased for retail clients, with retail non-performing loans accounting for 30%, which is relatively low. (1) The customer gro

Jinwu Finance NewsJun 24 09:00

Brokerage morning meeting highlights: grasp the second half of bank stocks, focus on three areas of opportunity.

At today's brokerage morning meeting, Galaxy Securities stated to seize opportunities in bank stocks in the second half, focusing on three areas; China International Capital Corporation pointed out being bullish on the broad opportunities in AI Infrastructure; China Securities Co., Ltd. believes that the AI glasses market is expected to welcome a new round of heat and competition upgrade.

cls.cnJun 24 08:39

China Galaxy Securities: In the second half of the year, the Bank industry is expected to achieve a resonance of volume, price, and risk factors, welcoming a substantial improvement in performance.

Compared to the expectations of continued pressure on Bank performance, China Galaxy Securities believes that in the second half of the year, the Bank Industry is expected to achieve a resonance of quantity, price, and risk factors, welcoming substantial improvement in performance.

Zhitong FinanceJun 24 07:54

Express News | Overview of A-share private placements: 15 companies disclose the progress of their private placements.

BreakingsJun 24 07:49

Hong Kong stock morning report｜Trump claims Israel and Iran have fully agreed to a comprehensive ceasefire. Eddie Yue Wai-man expects that only a few stablecoin licenses will be issued in the first phase.

① Trump claims that Israel and Iran have fully agreed to a complete ceasefire. ② Eddie Yue Wai-man expects that only a few stablecoin licenses will be issued in the first phase. ③ Sixty percent of insurance Institutions plan to increase their investment scale in Hong Kong stocks by 2025. ④ Lei Jun: Xiaomi YU7 will be launched on June 26.

cls.cnJun 24 07:11

Shenzhen Expressway Corporation (00548.HK) invests 1.6 billion yuan to subscribe to structured deposit products.

Shenzhen Expressway Corporation (00548.HK) announced that on May 14 and June 23, it respectively subscribed to structured deposit products from Bank Of Communications with principal amounts of 0.6 billion yuan and 1 billion yuan, with terms of 3 months and 9 months respectively.

AASTOCKSJun 23 17:08

SHENZHENEXPRESS (00548) subscribes to a structured deposit product from Bank Of Communications worth 1 billion yuan.

SHENZHENEXPRESS (00548) announced that on June 23, 2025, Shenzhen Expressway Corporation subscribes...

Zhitong FinanceJun 23 17:05

Express News | Iran's Foreign Minister: (When asked about the closure of the Strait of Hormuz) Iran has multiple options. We have never trusted Western countries during negotiations, and now there are even more reasons to feel that way. Of course, diplomatic channels sh

BreakingsJun 22 17:59

Express News | Market news: Although Trump continues to express a desire to proceed with diplomatic actions now, the U.S. military is prepared to respond to Iranian retaliation.

BreakingsJun 22 08:51

Pilot Banks are promoting various rewards aggressively to seize the "Cross-border Payment" market, with detailed rules being implemented intensively.

The People's Bank of China and the Hong Kong Monetary Authority jointly announced on June 20 that the interconnection of the Mainland and Hong Kong Rapid Payment System (referred to as Cross-border Payment) will officially launch on June 22. At that time, residents of both regions can complete real-time small cross-border remittances simply by using the recipient's mobile phone number or Bank Account, breaking through the time constraints of traditional cross-border remittances.

cls.cnJun 21 14:36

HSBC is among the first banks to participate in the "Cross-Border Payment Link". Eligible customers will receive a reward of 10 yuan for each transaction of at least 1,000 yuan.

The Monetary Authority and the People's Bank announced today (20th) that the "Cross-Border Payment System" will be launched at noon on June 22 (this Sunday). HSBC and ICBC Asia also announced on the same day that they will be among the first banks to participate in the "Cross-Border Payment System". HSBC stated that it will help Hong Kong customers make real-time small cross-border payments and collections in Hong Kong dollars and RMB. Customers only need to enter the bank account number, mobile phone number, email address, or Fast Payment System identification code (FPS ID) of the payee to make a payment easily. The CEO of HSBC Hong Kong, Lin Huihong, stated that with measures like Hong Kong vehicles going north and Shenzhen residents signing for multiple actions, HSBC sees Hong Kong.

AASTOCKSJun 20 17:23

Express News | Central bank: Cross-border payment system supports RMB and HKD cross-border remittances between the mainland and Hong Kong.

BreakingsJun 20 15:59

Dongfang Jincheng: The LPR Quote in the mainland for June remained unchanged as expected, and it is anticipated that there may be a unilateral reduction in the LPR Quote for five years and above in the second half of the year, which could stimulate housin

The mainland credit rating Institutions Dongfang Jincheng published a report indicating that this morning, the People's Bank authorized the National Interbank Lending Center to announce the new version of the LPR Quote, with the one-year term reported at 3% (the same as in April) and the five-year term reported at 3.5% (also the same as in April). Dongfang Jincheng pointed out that the LPR Quotes for the two maturities in June remained unchanged, in line with market expectations. The main reason is that after the People's Bank implemented a policy interest rate cut in May, the LPR Quotes for both maturities were adjusted downward simultaneously that month, which is currently being transmitted to loan interest rates; the policy rates in June remained unchanged, and there haven't been significant factors affecting the LPR Quote adjustments.

AASTOCKSJun 20 14:54