No Data
No Data
Bank of East Asia Announces Interim Dividend
Bank of E Asia (00023) spent 4.2497 million Hong Kong dollars to repurchase 0.443 million shares on September 17th.
Bank of E Asia (00023) announced a buyback of 4.2497 million Hong Kong dollars on September 17, 2024...
Bank of E Asia (00023) will distribute an interim dividend of HKD 0.31 per share on October 14th of this year.
Bank of E Asia (00023) announced that the company will distribute a semi-annual dividend of HKD 0 per share on October 14, 2024...
Interim Report 2024
Furui: The average interest rate forecast for the 2025 fiscal year is lowered by about 150 basis points, lowering the target price of Hang Seng Bank (00011) and Bank of East Asia (00023).
Furui's forecast for Hang Seng's 2025 fiscal year earnings per share and dividend per share is 7% to 8% lower than market expectations.
The market is concerned about the situation of the US Federal Reserve's interest rate cuts. Hong Kong-based banks are generally doing well. Hang Seng Bank (00011) rose 2.66%.
The market is focused on the Fed's interest rate cut, and HK based banks are generally performing well. Hang Seng Bank (00011) rose by 2.66%, BOC Hong Kong (02388) rose by 2.35%, Dahsing Banking (02356) rose by 2.29%, HSBC Holdings (00005) rose by 1.12%, Bank of E Asia (00023) and Stanchart (02888) followed the upward trend. In terms of news, according to the "Fed Watch" tool from the Chicago Mercantile Exchange, the futures market has priced in a high probability of a significant 50 basis point rate cut by the Fed on Wednesday, reaching 63%, far exceeding the 30% from a week ago.
No Data
No Data