42 bank stocks collectively flourished, and bank ETFs rose 15% during the year

The banking sector rose, with 42 bank stocks collectively flourishing. China CITIC Bank rose more than 6%. Bank of Jiangsu, Agricultural Bank, Zheshang Bank, Everbright Bank, Bank of Communications, etc. followed suit. The stock prices of China CITIC Bank, China Construction Bank, Bank of China, and Agricultural Bank hit record highs in the intraday period. In terms of ETFs, China Merchants Fund Bank ETF preferred to increase by more than 2%. Bank ETF Tianhong, Bank ETF E-Fangda, Wells Fargo Fund Bank Leading ETF, Bank ETF Huaxia, Wells Fargo Fund ETF, Penghua Fund, China Securities Bank ETF, China Southern Fund Bank ETF, Hua'an Fund Bank ETF Index Fund, and Huitianfu Fund Bank

Gelonghui FinanceApr 18 12:22

Many bank ETFs have risen by more than 10% this year

Bank stocks have risen. China CITIC Bank, Bank of Nanjing, Bank of Agricultural Bank, Bank of Chengdu, Bank of Beijing, and Bank of Jiangsu have risen by more than 15% since this year. In terms of ETFs, Huatianfu Fund Banking ETF, Wells Fargo Fund Bank Leading ETF, Huaan Fund Bank ETF Index Fund, China Merchants Fund Bank ETF Choice, E-Fangda Fund Bank ETF E-Fangda, Tianhong Fund Bank ETF Tianhong, China Southern Fund Bank ETF, Huaxia Fund Bank ETF Huaxia, Wells Fargo Fund Bank ETF, and Huabao Fund Bank ETF have increased by more than 10% this year. Bank ETFs track the China Securities Bank Index, which consists of stock pockets

Gelonghui FinanceMar 5 12:07

The central bank “cuts interest rates”! Securities ETFs and bank ETFs are flourishing

GLONGHUI, August 15丨Today, securities and banks rose, with Penghua Fund Securities ETF leading ETF, Wells Fargo Fund Bank leading ETF, Huitianfu Fund banking ETF, Cathay Pacific Fund financial ETF, and E-Fangda Securities insurance ETF flourishing. According to the news, today, the central bank's open market launched a 401 billion yuan 1-year MLF and a 204 billion yuan 7-day reverse repurchase operation. The winning bid interest rates were 2.5% and 1.80% respectively, compared to 2.65% and 1.90% respectively last time. Since 400 billion yuan of 1-year MLF and 6 billion yuan of 7-day reverse repurchases expire today, net investment of 1990 billion yuan was achieved on the same day

Gelonghui FinanceAug 15, 2023 13:19

Bank ETFs rose, and funds underallocated to the banking sector in the second quarter

On July 28, the banking sector continued to rise. Zijin Bank rose more than 9%, Bank of Lanzhou rose more than 6%, Bank of Ningbo and Bank of Chengdu rose more than 5%, and Bank of Hangzhou, China Merchants Bank, and Postbank followed suit. Bank ETFs Huaxia, Wells Fargo Fund Bank Leading ETF, Huabao Fund Bank ETF ETF, Bank ETF Bank of China Southern Fund ETF, Bank ETF Tianhong rose more than 3%, while Wells Fargo Bank ETF, Bank ETF ETF Huaan, Huitianfu Fund Banking ETF, and China Merchants Fund Bank ETF preferred to rise. Looking at fund holdings, institutional positions were heavy at the end of the 2nd quarter of 2023

Gelonghui FinanceJul 28, 2023 13:44

Are foreign investors bearish on banks? Bank ETFs fall

On July 6, 丨Bank stocks fell, China Merchants Fund Bank ETF Preferred, Huitianfu Fund Banking ETF fell more than 1%, Bank ETF E-Fangda Bank, Huabao Fund Bank ETF, Wells Fargo Fund Bank Leading ETF, Bank ETF, Wells Fargo Fund Bank ETF, Bank ETF Huaan, Bank ETFs, Bank ETFs Tianhong, Penghua Fund China Securities Bank ETFs continued to fall. According to the news, a “small essay” about Goldman Sachs downgrading the individual stock ratings of domestic banks is circulating in the market. Recently, Goldman Sachs released a research report on the Chinese banking industry and adjusted the rating report “Test” of A-share banks

Gelonghui FinanceJul 6, 2023 13:11

Li Ka-shing made a big move! Foreign investors are optimistic about this track

The capital went up to 11.8 billion dollars!

Gelonghui FinanceMay 12, 2023 10:06