IDCBY Industrial And Commercial Bank Of China (ADR)
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Industrial And Commercial Bank Of China (ADR) News
Express News | China Galaxy Securities: Continue to be optimistic about the allocation value of the banking sector
Express News | CICC: In the medium to long term, the opportunities outweigh the risks in the medium to long term, and may still be dominated by structural opportunities in the short term
Zhitong Hong Kong Stock Connect Active Trading | May 14
On May 14, 2024, Tencent Holdings (00700.HK), CNOOC (00883.HK), and ICBC (01398.HK) ranked in the top 3 of Shanghai-Hong Kong Stock Connect (southbound) turnover, with turnover of 1,979 billion yuan, 1,965 billion yuan, and 1,173 billion yuan respectively; Tencent Holdings (00700.HK), Xiaomi Group-W (01810.HK), and Meituan-W (03690.HK) ranked in the top 3 transactions of Shenzhen-Hong Kong Stock Connect (Southbound) The turnover was $1,921 billion, $1,108 billion, 9.33 million
Express News | Southbound Capital had a net sale of HK$115 million today
After a good start, the bank's personal business remained fatigued. Many grassroots outlets said it was becoming more difficult to develop a business, and it was becoming more and more difficult to complete the assessment
Recently, a number of grassroots branch people from different banks told the Financial Association reporter that after a good start in the first quarter, personal banking business remained weak in April. The specific signs were that it became more difficult to develop grass-roots business, and the decline in commission income from dropshipping and wealth management was the most typical example, and employee assessments and income were directly affected to varying degrees.
Express News | Southbound Capital made a significant net purchase of 8.807 billion yuan today. On the Hong Kong Stock Connect (Shanghai) side, Yingfu Fund and ICBC received net purchases of HK$1,051 million and HK$732 million respectively; CNOOC had the highest net sale
Express News | Major state-owned banks are gradually issuing TALC bonds. Following ICBC, the Bank of China plans to issue 30 billion yuan with excess additional rights
Express News | China's first TLAC non-capital bond is about to be issued
Express News | ICBC plans to issue the country's first TLAC non-capital bond with an issuance amount of 30 billion yuan
The benefits are frequent! Hong Kong stocks with high dividend stocks have collectively exploded. What do you think of the subsequent market?
CICC believes 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.
Banks' non-interest income is growing rapidly, and bond yields are contributing to the “main force”, and future high returns are questionable
Financial Services Association, May 10 (Reporter Cao Yunyi) In an industry trend where net interest spreads continue to be pressured, other non-interest income has become the highlight of bank revenue. The data shows that investment income as a share of total bank revenue is rising rapidly.
Express News | Southbound Capital made a significant net purchase of 6.505 billion yuan today. On the Hong Kong Stock Connect (Shanghai) side, Bank of China and China Construction Bank received net purchases of HK$1,325 million and HK$659 million respectively; CNOOC had
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%.
Dongguan Securities: If the banking sector's “offense and defense” logic is not changed, the potential disadvantages of the fundamental industry are expected to be exhausted
The banking sector's “balance offense and defense” logic does not change the fundamental level. After many rounds of adjustments such as many interest rate cuts, accelerated exposure of real estate risks, rate cuts, and loan repricing in the first quarter, the first quarter results fell to a low level, and the potential shortfall in the industry is expected to be exhausted.
Express News | J.P. Morgan Chase: The four major domestic banks CCB are expected to benefit the most if the Hong Kong Stock Connect dividend profits tax is exempt
Lyon published a report indicating 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. If this proposal is i
Lyon published a report indicating 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. If this proposal is implemented, I believe the dividend yield gap between A shares and H shares will close. H-share bank shares will be the main beneficiaries because their dividend rate is very attractive, and the state-owned banks with the highest dividend rate will benefit the most. Lyon is still optimistic about CCB (00939.HK), which has a large dividend rate gap between A shares and H shares, with a dividend gap of 2.7 percentage points; they are also optimistic about ICBC (01398.HK), which has a dividend difference between H shares and A shares of 2.1 100
Express News | Lyon: If the Mainland were to be exempted from the Hong Kong Stock Connect dividend tax, banks would benefit from CCB and ICBC
Hong Kong Stock Afternoon Review | The Hang Seng Index and China Index rose nearly 2%; domestic housing stocks and insurance stocks rose sharply, Shimao Group rose more than 58%, and China Taibao rose more than 8%
Technology Network stocks had mixed ups and downs. Kuaishou fell nearly 3%, and Ali rose more than 1%; bank stocks generally rose, and CCB and Agricultural Bank rose more than 6%.
Direct impact of changes | Domestic bank insurance stocks collectively rose in early trading, and banking insurance channels recreated major new regulations
On May 10, $Bank Stocks (BK1239) $$Domestic Insurance Stocks (BK1228) $ collectively increased during the morning intraday period. As of press release, $Postbank (01658.HK) $ rose 7.36% to HK$4.52; $Agricultural Bank (01288.HK) $ rose 6.18% to HK$3.78; $CCB (00939.HK) $ rose 6.25% to HK$5.61; $ICBC (01398.HK) $ rose 4.60% to HK$4.55; $China Taibao (02601.HK) $ rose 8.25%
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.
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