Banks' "Wealth Management Night Market" trend is rising again, and the incremental scale of bank wealth management may reach 2-3 trillion yuan by 2025.

① Wealth management companies and Banks are actively creating and establishing "wealth management night markets," breaking time limitations to meet more investors' needs; ② Against the backdrop of declining deposit interest rates, bank wealth management still has vast development space. In the next step, wealth management companies can continue to strengthen efforts in product innovation, channel innovation, and service model innovation.

cls.cn02:30 ET

The transformation of the Banking Industry in adversity in 2024: the mud and dawn of the "light asset" vision.

How far is dawn?

wallstreetcnJan 8 09:41 ET

Industrial And Commercial Bank Of China (01398.HK) was Shareholding 0.155 billion shares by Ping An Insurance, involving approximately 0.756 billion Hong Kong dollars.

On January 8th, according to the latest equity disclosure information from the Stock Exchange, on January 2, 2025, the Industrial And Commercial Bank Of China (01398.HK) was increased by Ping An Insurance Company of China, Ltd. in the market at an average price of 4.8816 HKD per share, totaling approximately 0.155 billion shares, with an investment of about 0.756 billion HKD. After the increase, the latest number of shares held by Ping An Insurance Company of China, Ltd. was 13,907,000,142 shares, with the shareholding ratio rising from 15.84% to 16.02%.

Gelonghui FinanceJan 7 17:58 ET

CITIC Lyon: The strong performance of China Mainland Banking stocks may continue to be seen as a "safe haven."

Citi believes that the strength of China Mainland Banking is unlikely to end in the short term, and Banks may continue to be viewed as a "safe haven."

Zhitong FinanceJan 7 03:06 ET

Industrial & Commercial Bank of China Fair Value Estimate Raised to HK$6.36 From HK$5.50 by OCBC Investment Research >1398.HK

Dow JonesJan 6 04:57 ET · Ratings

January 6 Insurance Daily丨Last year, insurance funds made 20 significant investments, will this continue in 2025? In 2024, insurance companies will continue to slim down, closing nearly 2,000 branch Institutions!

Last year, insurance funds made significant acquisitions reaching 20 times. Whether this will continue in 2025 has become a major trend for insurance investment in 2024. At the end of 2024, Ping An Life acquired shares in the Industrial and Commercial Bank of China listed in Hong Kong, directly raising the total number of insurance fund acquisitions for the year to 20 times, setting a new high since 2021. Many industry insiders have stated that in a low interest rate environment, with long-term rates continuing to decline, increasing the proportion of Private Equity investments may still be one of the important ways for insurance funds to enhance investment returns. Under the new regulations, high dividends and long-term Private Equity investments may be the future direction for insurance companies’ equity allocation. Based on this logic, the phenomenon of insurance fund acquisitions may still be prevalent in 2025.

Market NewsJan 6 00:24 ET