GDS Sells 70% Stake in Data Centers to China Life-Led Group in $400M Deal, Plans Future Public REIT Listing

BenzingaMar 10 07:09 ET

Special contributor Guo Jiayao: The market atmosphere remains prosperous, but after a significant accumulation of gains, consolidation at a high position is taking place.

Jinwu Financial News | The US stock market experienced significant fluctuations last Friday, as the latest non-Agriculture job data from the USA fell short of expectations. After a weak opening, the market significantly declined at first, then fluctuated and rebounded, with all three major indices closing with gains. The dollar weakened, the yield on the ten-year US Treasury note rose to 4.3%, gold prices showed weakness, and oil prices improved from their lows. The Hong Kong stock market's pre-market securities were generally soft, and a low opening is expected. The mainland stock market fell last Friday, with the Shanghai Composite Index opening low and continuing to decline, closing down 0.2%, while trading volume in the Shanghai and Shenzhen markets slightly decreased. The Hong Kong stock market fluctuated downward last Friday, initially rising after a low opening, before turning weaker again and closing with a modest decline.

Jingwu Financial NewsMar 9 20:20 ET

Huachuang Securities: The pilot expansion of long-term investment by insurance funds is 60 billion, focusing on the cost-effectiveness of dividend asset allocation.

The long-term investment reform pilot brings clear incremental funds, and the style may favor assets with stable profits and a strong willingness to distribute dividends.

Zhitong FinanceMar 6 00:58 ET

Citibank: Maintains Buy rating for China Life Insurance (02628) with a Target Price of 17.7 HKD.

The statement indicates that considering its strong capital position and the recent potential relaxation of solvency regulations, it is currently predicted that China Life's dividend per share will significantly increase by 50% year-on-year in 2024.

Zhitong FinanceMar 5 20:30 ET

Express News | New China Life Insurance Says Plans to Issue up to 10 Bln Yuan Worth of Perpetual Capital Bonds

ReutersFeb 28 05:40 ET

New China Life Insurance Announces Board Composition

TipRanksFeb 28 05:17 ET