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

Dow Jones04:57 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 News00:24 ET

Northbound capital trends | Northbound capital net buying totaled 9.269 billion HKD as domestic investors once again favored Hong Kong stock ETFs, with investments in TRACKER FUND OF HONG KONG (02800) exceeding 5 billion HKD.

On January 3rd, in the Hong Kong stock market, northbound capital had a net purchase of 9.269 billion Hong Kong dollars, of which the SH->HK Connect had a net purchase of 5.638 billion Hong Kong dollars, and the SZ->HK Connect had a net purchase of 3.631 billion Hong Kong dollars.

Zhitong FinanceJan 3 04:45 ET

Industrial and Commercial Bank of China Goes Ex Dividend Tomorrow

Seeking AlphaJan 2 08:26 ET

Capital Movement | Northbound funds net bought Hong Kong stocks of 6.511 billion HKD, aggressively buying CHINA MOBILE over 1.2 billion HKD.

Track the latest dynamics of southbound capital.

Gelonghui FinanceJan 2 05:55 ET

On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.

① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.

cls.cnJan 2 01:19 ET