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Dahsing Banking Group (02356.HK) held a board of directors meeting on August 30th to approve the publication of its interim performance.
On August 16th, Guronghui reported that Dahsing Banking (02356.HK) announced that the company will hold a board meeting on August 30, 2024 (Friday) to process (including) approving the publication of the company's comprehensive performance announcement for the six months ended June 30, 2024, and deliberating on the distribution of interim dividends.
Banks Poised to Seize More Buildings in Hong Kong, PwC Says
Dah Sing Banking Group Limited's (HKG:2356) Stock Price Dropped 5.1% Last Week; Public Companies Would Not Be Happy
Morgan Stanley: HK based banks have reduced risks and their valuation is reasonable.
On July 5th, Morgan Stanley released a report stating that hk based banks' stock prices outperformed the Hang Seng Index in the second quarter, indicating a reduction in tail risk for the industry and supporting a mean reversion of stock prices, but not a reassessment of valuations.
Uncertainty remains regarding interest rate cuts. According to KPMG, a high interest rate environment is beneficial for the profitability of Hong Kong banks.
KPMG recently released a report on the Hong Kong banking industry in 2024, pointing out that the balance sheet of Hong Kong banks recorded moderate growth due to the higher interest rate environment in 2023, with significant increases in net interest margin and operating surplus.
Dah Sing Banking Group's (HKG:2356) Earnings Trajectory Could Turn Positive as the Stock Increases 4.5% This Past Week
Boon Hock Lim Buys Handful Of Shares In Tai Sin ElectricNo Data
