YYY Lion-OSPL China L S$
- 1.585
- +0.024+1.54%
A quick look at the Hong Kong market | Hong Kong stocks are rising like a rainbow! The three major indices rose by about 1%, and Ali surged more than 7%; domestic housing stocks collectively soared, and Vanke Enterprises rose more than 19%
Technet stocks generally rose, with Station B up more than 5% and NetEase up nearly 3%; domestic insurance stocks rallied; China Taibao rose more than 6%, and China Ping An rose nearly 6%; Chinese brokerage stocks rose at the end of the session, and China Galaxy and CITIC Construction Investment Securities rose about 5%.
Major state-owned banks are filling vacancies intensively! Three post-70s executives have been appointed to new positions at CCB, and the chairmen and governors of many major banks are still vacant
① CCB issued four consecutive announcements involving a number of key personnel changes, including the appointment of a new executive director, the appointment of a deputy governor, and a new chief risk officer and director secretary. On the same day, the Bank of China also announced the departure of the deputy governor; ② Currently, the senior management teams of the six major state-owned banks generally have a “one plus four deputy” and “one chief and five deputy” pattern, but there are still vacant positions as governors and chairman of many major banks.
Notice from the People's Bank of China and the State Financial Supervisory Administration on Adjusting the Minimum Down Payment Ratio Policy for Personal Housing Loans
For households that use loans to purchase commercial housing, the minimum down payment ratio for commercial personal housing loans for the first housing unit was adjusted to not less than 15%, and the minimum down payment ratio for commercial personal housing loans for two housing units was adjusted to not less than 25%.
Notice of the People's Bank of China on Adjusting Interest Rate Policies for Commercial Personal Housing Loans
These include abolishing the minimum interest rate policy for commercial personal housing loans for the first home and two housing units at the national level
Remote areas can “share” network signals with the three major operators and China Radio and Television to launch commercial promotion of 5G cross-network roaming
At the 2024 World Telecom and Information Society Day conference, China Telecom, China Mobile, China Unicom, and China Radio and Television jointly announced the launch of commercial promotion of 5G cross-network roaming, which marks a new stage in 5G cross-network roaming.
Hong Kong Stock Afternoon Review | The three major indices rose, and TechNet stocks strengthened, Ali rose nearly 7%; some domestic housing stocks rose, and Sunac China rose more than 9%
Photovoltaic solar energy stocks weakened, Follett Glass fell nearly 9%, and Xinyi Solar fell more than 8%; insurance stocks generally rose; China Taibao rose more than 2%, and China Life Insurance rose nearly 2%.
The multi-headed atmosphere is strong! Top institutions and US lawmakers are betting on Chinese assets
Recently, the “love” of foreign investors for Chinese stocks is a bit beyond imagination.
Meituan hit the growth ceiling and used Pinduoduo's method to make takeout
People close to Meituan judged that preparing meals will become larger, and the proportion of takeout orders in the long term is expected to reach 20%.
Futu Morning Post | The four major voting committees of the Federal Reserve joined forces; Ali rose more than 7%, Citron said it is expected to rise above $100
This is the “king of quantification”! Renaissance Technology's Q1 has already amassed two major meme stocks; Reddit surged more than 11% after the market and formed a partnership with OpenAI; Walmart rose nearly 7%, and Q1 earnings exceeded expectations, and full-year performance expectations were raised.
The subsidiary is expected to “share” the 19.1 billion AI intelligent computing order, Shenzhou Digital's own brand revenue increased nearly 50% last year
① Shenzhou Digital Shenzhou Kuntai series AI servers may once again win the bid for mobile AI servers. Shenzhou Digital's proprietary brand business revenue is expected to grow. Last year, its own-brand business revenue increased by 48.95% year-on-year. ② Currently, operators are increasing their investment in AI intelligent computing hardware, and China Mobile has indicated that it will fully support localization.
HSBC Holder Ping An Evaluating Ways to Reduce Its $13B Stake - Bloomberg
Is the collective “breaking” spell of listed banks expected to be broken? The net ratio of CMB and Changshu rebounded to 0.94. Industry: If it can break through, it will be beneficial to replenish capital
On May 16, the Financial Services Association reporter noticed that the net market ratio of China Merchants Bank and Changshu Bank had rebounded to 0.94, and it was just around the corner from getting rid of the “broken” hat. The net stock market ratios of many other banks have also returned above 0.9, with Bank of Ningbo and Bank of Chengdu reaching 0.92 and 0.91 respectively. However, before this round was triggered, the net market ratio of the 42 A-share listed banks once collectively fell below 0.9.
A quick look at the Hong Kong market | The three major indices rose sharply, and Tencent's results rose nearly 4%; domestic housing, property management, and building materials stocks were strong throughout the day! COSCO Group rose more than 46%, and Chi
The trend of technology network stocks was divided. Tencent rose nearly 4%, Ali fell more than 3%; gaming stocks rose sharply, Galaxy Entertainment rose more than 6%, and Sands China Co., Ltd. rose nearly 2%.
IDC: China's game cloud market reached US$1.74 billion in '23 and basically remained at the same level year-on-year
According to the latest “China Game Cloud Market Tracking, Second Half of 2023” report released by International Data Corporation (IDC), China's game cloud market reached 1.74 billion US dollars in 2023, and basically remained at the same level over the previous year.
Hong Kong Stock Afternoon Review | The three major indices strengthened, rising more than 4% after Tencent's results; domestic housing stocks and domestic bank stocks improved, COSCO Group rose nearly 49%, and CCB rose more than 5%
Technet stocks had mixed ups and downs. Tencent rose more than 4%, Ali fell more than 2%; insurance stocks strengthened, China Taiping rose more than 6%, and Ping An of China rose nearly 6%.
Intraday Overview | The Hong Kong stock index fluctuated higher, domestic housing stocks rose strongly, and COSCO Group rose more than 46%
Property management stocks followed the strengthening of domestic housing stocks. Greentown Services rose more than 16%, Shimao Services rose more than 15%; after Tencent's performance, it rose more than 4%, and Alibaba fell nearly 3%.
After the performance, it once reached the HK$400 mark! “Stock King” Tencent's performance is impressive, and major banks are scrambling to raise target prices
Thanks to the strong advertising business and the recovery of gaming energy, the “stock king” Tencent's earnings for the first quarter fully exceeded expectations.
The quarterly adjustment of the MSCI Index excludes 15 Hong Kong stocks. The effective date is scheduled for early June
① Which individual stocks will MSCI China adjust quarterly? ② How much impact does the MSCI Index have on the market?
Selected announcements | China Gold International changed from profit to loss in Q1; Zhongtong Express's adjusted net profit increased 15.8% year-on-year
China Shenhua: Commercial coal production in April was 27.5 million tons, up 5.4% year on year; coal sales volume was 37 million tons, up 1.1% year on year; Ping An of China: the total premium income from the original insurance contracts of the four subsidiaries in the first 4 months was about 33.377 billion yuan, up 2.4% year on year.
Is life insurance finally “rejuvenating”? The life insurance business of many listed insurance companies showed a marked recovery in April. Taibao Life's new premiums increased by more than 12% year on year
Recently, several A-share listed insurance companies, including Ping An of China, China Taibao, and China Life Insurance, disclosed their premium income for the first 4 months of this year. A Financial Services Association reporter compared previous data and found that the life insurance business of many insurance companies showed clear signs of stabilization compared to the beginning of the year.