000922 CSI Dividend Index
- 5336.23
- -80.06-1.48%
With a "10%" fee rate spreading, are Banks selling Funds at a loss this time?
MINSHENG BANK, Bank of Qingdao, Industrial Bank, Bank Of Communications, and Agricultural Bank Of China all participated.
In 2037, veteran Lin Jingzhen stepped down, and the personnel adjustments at the Bank of China continue.
At the beginning of 2025, Bank Of China (601988.SH) welcomed another personnel adjustment. On January 7, Bank Of China announced that Vice President Lin Jingzhen has...
MINSHENG BANK officially announced an adjustment to the risk ratings of some publicly offered Funds that had been raised multiple times last year.
① Starting from January 10, MINSHENG BANK will adjust the risk ratings of certain publicly offered Fund products; ② Analysts indicate that investors should "understand the rules and identify the risks."
Policy stimulus for 3C and home appliance demand release. Will the multiplier effect of the "trade-in" policy continue in 2025? | Year-end review.
In 2024, the implementation of the "national subsidy" policy for the exchange of old for new will effectively stimulate the demand for home appliances and Consumer Electronics. Market analysis suggests that related subsidies for the exchange of old for new are expected to continue next year, with mobile phones and more home improvement categories likely included, while the future policy-driven effects still remain to be observed.
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Zhiji and Avita have recently attracted significant investment, with 'state-owned investors' fully backing New energy Fund automobiles.
① The 9.4 billion yuan financing for Zhiji Autos has continued support from both state-owned investment Institutions and market-oriented investment Institutions. ② From Zhiji Autos in Shanghai to Avita in Chongqing, then to GAC Aion, NIO in Hefei, and Li Auto in Changzhou, the involvement of local state-owned assets reflects the demand for industry drive and regional development. ③ After the conclusion of the Central Economic Work Conference, local governments are actively promoting industrial upgrades, demonstrating their main roles and responsibilities in the transition between new and old drivers of growth.
In a rare move, a state-owned bank has lowered the minimum repayment ratio for China Construction Bank Corporation credit cards to 5%, while most banks in the market still maintain a 10% rate.
① Today, China Construction Bank Corporation announced on its official website that starting today, the minimum repayment ratio for all Long Card Transformers credit cards has been adjusted from 10% to 5%. ② Not long ago, Bank Of Xi'An made a similar adjustment, but currently, the minimum repayment amount for most commercial banks' credit cards is still 10%. ③ In recent years, especially this year, credit card business personnel have faced considerable pressure. It is reasonable for banks to make adjustments in their credit card business.
China CITIC Bank Corporation's strategy meeting: The US stock market is expected to continue rising next year, A-shares have profit opportunities, and the long-end interest rates of national bonds may rise.
Han Tongli stated that compared to the Internet Plus-Related bubble period of 1999-2000, the U.S. stock market still has 30%-40% upward potential, and the U.S. dollar may continue to remain strong. Zhao Qian mentioned that there are profit opportunities in the A-share market next year, as the current valuation of A-shares is not expensive, related policies provide a strong bottom support for the market, and many Chinese companies are expected to perform better next year than this year.
This week adds 20 more! China State Construction Engineering Corporation and several other stocks disclosed shareholding and repurchase loan plans, a list of related A-share stocks is provided.
① The acceleration of Share Buyback and Shareholding through refinancing is being implemented, according to incomplete statistics from the Financial Association. As of the time of this report, 20 listed companies have disclosed information related to Share Buyback and refinancing this week (see attached table); ② The controlling shareholder of China State Construction Engineering Corporation has obtained a special loan with the maximum amount not exceeding 1.08 billion yuan. HMT (Xiamen) New Technical Materials Co., Ltd intends to increase its Share Buyback scale, and the next day's closing stock price hit the limit up.
With a strong background from major companies, the Chief Information Officer of Industrial Bank has taken office.
Tang Jiacai has been appointed as the Chief Information Officer of the company.
The State-owned Assets Supervision and Administration Commission strengthens market cap management of controlling listed companies; unprofitable central enterprises are expected to gain a competitive edge.
The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.
Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.
① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.
Once again, the rights of high-end customers at banks have shrunk. After Construction Bank, MINSHENG BANK has adjusted the "Extraordinary Privileges" redemption rules, with cost reduction still being the core demand.
On December 16, MINSHENG BANK announced on its official website that in the first quarter of next year, it plans to adjust some rules for the exceptional service rights program for retail customers, including raising the credit points for services such as airport High-speed Rail pick-up and drop-off. Many banks continue to adjust credit card points redemption rules, which is not surprising. The fundamental reason is the pressure on interest margins, which constantly dilutes banks' profits, forcing them to 'reduce costs and increase efficiency.'
7.4 billion! Alibaba "shakes off" the burden, Youngor Group officially takes over Silver Intime Department Store.
① Analysts have pointed out that although Youngor Group's acquisition helps its expansion in the Retail Trade market, the department store industry is in a state of continuous contraction. ② Alibaba's acquisitions of Intime and RT-Mart and other physical retail companies aimed to promote brand presence on Tmall, accelerate the digital transformation of the Retail Trade, and explore the application of instant retail innovation models in physical retail.
Liu Yonghao has taken action! He purchased 17.61 million shares of MINSHENG BANK Listed in Hong Kong, increasing his shareholding proportion to 5%. This round of shareholding will reach 68 million shares.
① New Hope Liuhe has already increased its shareholding in MINSHENG BANK by 17,616,500 H shares with its own funds on December 16, 2024, which accounts for 0.04% of MINSHENG BANK's total shares. ② The total number of shares increased through the secondary market this time will not exceed 68,000,000 shares. After the increase, New Hope Liuhe and its concerted parties will hold no more than 5.12% of the shares.
Agricultural Bank Of China is following up on the exchange rate for personal foreign currency cash remittances, and recently several large state-owned banks have optimized and upgraded related services.
① On December 13, Agricultural Bank Of China announced on its official website that starting from December 13, 2024, it will optimize and upgrade personal foreign currency cash remittance services. ② In addition to Agricultural Bank Of China, several other banks have recently released similar announcements stating they will upgrade foreign currency cash services for personal Forex Accounts. ③ Although the cash remittance parity may somewhat affect the income of banks, it can significantly reduce the cost for individuals to conduct Forex Business.
The interim dividends of China CITIC Bank Corporation and Xiamen Bank Co., Ltd. will be distributed this week. The number of banks that have announced dividend plans has increased to 21, and there is still a "red envelope" of 233.4 billion on the way.
① As listed Banks increase dividend frequency through mid-term dividends, investors can enhance their reinvestment opportunities. ② At the same time, the sustainability of Banks' dividends is strengthened, sending a positive signal to the market, which is expected to boost confidence in Banks' capital management abilities and financial health.
The Evergrande Group faces a debt collection of 2 billion from Shandong Hi-Speed due to mistakes made.
① Due to the payment issues related to the equity transfer from Evergrande, a new round of tug-of-war has arisen over the debt disputes between influential state-owned enterprises in Shenzhen and shandong; ② Shandong hi-speed stated on the Shanghai Stock Exchange e-interaction platform that, as of now, the court has not yet made a ruling on the case. Meanwhile, Changying Jincheng has successively submitted the "Application for Restoration of Enforcement" to the court three times on June 14, September 19, and November 18, 2024.
New hope liuhe plans to transfer equity of multiple subsidiaries and equity investees to recover cash or exceed 1 billion yuan | Summary of the announcement.
① New hope liuhe intends to sell equity in multiple subsidiaries and affiliated companies; ② The actual controller of the company's trading counterpart is Liu Yonghao, who is the same actual controller as the listed company; ③ The total trade could bring back over 1 billion yuan in cash flow for the company.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.