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Honk Kong stocks closed (12.31) | The Hang Seng Index rose by 0.09% to hold steady above the 20,000 mark, ending the "four consecutive declines" with a total annual increase of over 17%.
On the last trading day of the Large Cap, the three major Indexes showed a divergence in trends, with the Hang Seng Index continuing to firmly hold above the 20,000 mark, while the Hang Seng Tech Index showed weak performance.
Brokerage morning meeting highlights: It is expected that 2025 will be the first year when the Real Estate Industry truly achieves stability and long-term development.
At today's Brokerage morning meeting, CITIC SEC proposed that 2025 will be the year when the Real Estate Industry truly stabilizes and moves forward; Tianfeng stated that industry demand is expected to recover, and the Autos Sector may gradually become optimistic; China Securities Co.,Ltd. pointed out that the current valuation of the Baijiu(Chinese Liquor) Sector remains low overall, highlighting its long-term investment value.
GTJA's Consumer investment outlook for January 2025: The peak season is approaching, and improvement is expected.
It is expected that the consumption data in January will significantly improve due to a low base and the impact of the Chinese New Year being staggered. New channels and new categories resonate, accelerating innovation in Consumer.
Getting In Cheap On Tsingtao Brewery Company Limited (HKG:168) Is Unlikely
TSINGTAO BREW (00168.HK) appointed Jiang Zongxiang as Director and he will continue to serve as the company's President.
On December 26, the Glonghui announced that TSINGTAO BREW (00168.HK) Chairman Huang Kexing submitted a written application to resign from his positions as the company's Chairman, Executive Director, and Chairman of the Board of Directors' Strategic and Investment Committee to the Board of Directors due to reaching retirement age, effective December 25, 2024. After resigning, Huang Kexing will no longer hold any position in the group. The aforementioned application will take effect from the date the resignation report is delivered to the Board of Directors. Huang Kexing's resignation will not result in the number of members on the Board of Directors and the Strategic Committee falling below the legal minimum and will not affect the normal Operation of the company. It was also announced that, effective December 25, 2024, Jiang.
Tsingtao Brewery Names New Chairman Amid Leadership Shift
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