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Dividend Assets have become attractive again! The Hang Seng Index has dropped over 1400 points in the last five days, while high-yield stocks such as Coal Banks "refuse to correct."
① The Hang Seng Index has fallen more than 1,400 points in the past five days. Why do dividend-paying Assets remain resilient? ② High-yield stocks such as Coal and Banks "refuse to retreat". What bullish factors may continue to drive the market?
Bank stocks support the market against the trend, CM BANK (03968) rises by 2.51%. Institutions indicate that the Sector is likely to see a high certainty return trend in the first half of the year.
Jingwu Financial News | Bank stocks support the market against the trend, with CM BANK (03968) up 2.51%, STANCHART (02888) up 2.11%, China CITIC Bank Corporation (00998) up 2%, Agricultural Bank Of China (01288) up 1.84%, Bank Of Chongqing (01963) up 1.76%, HSBC Holdings (00005) up 1.00%. The Guosen report points out that the implementation of a package of incremental policies since last September has effectively boosted market confidence. However, the time needed for policy bottoming out to a mild economic recovery remains, so the current market situation is more akin to the first half of 2019, with a temporary macroeconomic outlook.
Bank Of Chongqing (01963.HK) intends to hold a Board of Directors meeting on March 21 to approve the annual performance.
On March 11, Gelonghui reported that the Bank Of Chongqing (01963.HK) announced that a Board of Directors meeting is scheduled for Friday, March 21, 2025, to consider and approve the annual performance of the bank and its subsidiaries for the year ending December 31, 2024, and to propose a final dividend, if any.
BCQ: DATE OF BOARD MEETING
CITIC SEC: Market style stabilizes, Banks stocks are expected to continue a steady upward trend.
Overall, the policies since the fourth quarter have a direct effect on stabilizing financial risks. During the Two Sessions, the likelihood of those policies significantly exceeding expectations is low, but the 'uncertain' policies are moving towards 'certainty'. Therefore, bank stocks are expected to continue a steady upward trend.
Bank Of Chongqing (01963.HK): The National Financial Regulatory Administration Chongqing Supervision Bureau approved the appointment qualification of Executive Director Hou Ximeng.
On February 26, Gelonghui reported that Bank Of Chongqing (01963.HK) announced that on February 25, 2025, it received the "Approval of the Chongqing Financial Regulatory Bureau regarding the Qualification of Hou Ximeng for the Board of Directors of Bank of Chongqing" (Yujin Guan Fu [2025] No. 26), which approved Hou Ximeng to serve as an executive director. Hou Ximeng's term as an executive director will start from the date of this approval (February 24, 2025) and will last until the end of the seventh Board of Directors' term.
