Margaret (Meg) Reynolds sold 6.35 million H shares of Dongfeng Group (00489.HK), worth approximately HK$18.3782 million

It was reported on May 3 that, according to documents disclosed by the Hong Kong Stock Exchange on May 3, Margaret (Meg) Reynolds sold $6.35 million shares of Dongfeng Group (00489.HK) H shares at an average price of HK$2,8942 per share on April 30, worth approximately HK$18.3782 million. After the sale, Margaret (Meg) Reynolds recently held 173 million shares, and the good position ratio dropped from 7.19% to 6.94%. This transaction involves other related parties: Westwood Global I

Futu NewsMay 3 17:02

Citibank: The profit margin for aluminum production is expected to remain high for a long time, and the target price of China Hongqiao (01378) will be raised to HK$13.8

The Zhitong Finance App learned that Citi published a research report, gave China Hongqiao (01378) a “buy” rating and raised the target price from HK$11.5 to HK$13.8. Citi believes that due to strong demand and still tight supply, China Aluminum's profit margin may remain high for a longer period of time. Citi updated the model and improved its profit forecast for China's Hongqiao to take into account updated price and cost assumptions. Citi's profit forecast for China's Hongqiao 24E/25E is 29%/36% higher than market expectations, and market expectations are expected to generally rise in the next few months. The further rise in aluminum is also associated with potential

Zhitong FinanceMay 3 14:00

Agricultural Bank of China's Loans to Customers Grow to 23.86 Trillion Yuan at March-End

Agricultural Bank of China's (HKG:1288, SHA:601288) total loans and advances to customers as of the end of March amounted to 23.863 trillion yuan, the company said in its quarterly report on the Hong

MT NewswiresMay 3 12:33

Most domestic bank stocks rose higher in Hong Kong. China Merchants Bank rose more than 4%, Postbank and China Everbright Bank rose more than 3%, and Agricultural Bank and China CITIC Bank rose more than 2%.

Most domestic bank stocks rose higher in Hong Kong. China Merchants Bank rose more than 4%, Postbank and China Everbright Bank rose more than 3%, and Agricultural Bank and China CITIC Bank rose more than 2%.

Zhitong FinanceMay 3 09:51

Damo: Target price for CNPC (00857.HK) “increase in holdings” rating dropped slightly to HK$7.8

Damo released a research report stating that it gave CNPC (00857.HK) an “additional” rating, and the target price was reduced from HK$7.9 to HK$7.8. Based on the results for the first quarter of this year, its net profit forecast for 2024 to 2026 was lowered by about 2% to reflect the adjusted profit expectations of the natural gas business under hedging. The bank said it believes that with the formation of a market-oriented pricing mechanism, the value of the gas business will increase. At the same time, in the current oil price environment, losses on imported natural gas are expected to be controlled.

Zhitong FinanceMay 3 09:49

Zhitong Hong Kong Stock Connect Shareholding Analysis|May 3

According to data disclosed on May 2, 2024, Marco Digital Technology (01942.HK), Shandong Molong (00568.HK), and Kaisheng Xinneng (01108.HK) ranked in the top 3 shares of Hong Kong Stock Connect, with 69.09%, 66.92%, and 64.27% respectively. In addition, Bank of China (03988.HK), Hong Kong Stock Exchange (00388.HK), and Shangtang-W (00020.HK) saw the biggest increases in shareholding during the five recent trading days, with statistics of +3.164 billion yuan, +912 billion yuan, and +700 billion yuan respectively; US

Zhitong FinanceMay 3 08:30