China CITIC Financial Asset Management to Further Acquire Shares of CITIC Limited, Bank of China, China Everbright Bank

MT NewswiresNov 14 04:33 ET

Are bank stocks still worth buying? CITIC Financial Assets disclosed a comprehensive investment plan of 50.3 billion, with 30 billion increasing shareholding in Bank of China, China Everbright Bank.

①CITIC Financial Assets announced that it will invest approximately 50.3 billion yuan in a comprehensive investment plan, of which 30 billion will be directly used to buy shares of Bank of China, China Everbright Bank, and other institutions. ②CITIC Financial Assets and other institutional funds buying bank stocks is inevitable. As a large-scale institutional fund, due to considerations such as risk control and capital return, it will most likely prioritize 'high dividend stocks' over thematic stocks.

cls.cnNov 11 00:37 ET

China CITIC Financial assets (02799.HK) plans to further optimize investment paths and increase investment intensity.

Grace Holdings Nov. 8th | CITIC Financial Assets (02799.HK) announced that in recent years, the company has seized market opportunities to carry out a series of investment allocations, achieving positive results. To maximize shareholder benefits, the company plans to further optimize the investment path and increase the investment intensity on the basis of previous investments. The company plans to engage China Securities Co., Ltd. and China Securities Co., Ltd. as professional consultants to further promote the investment allocation scheme, including within a total investment scale not exceeding RMB 50.3 billion: ① Further purchase CITIC shares by signing a share transfer agreement for RMB 11,266,222,182.90.

Gelonghui FinanceNov 8 08:55 ET

Hong Kong stocks change | CITIC Financial assets (02799) now rose more than 6%, Dongjiadu project sold out three times, the company creates a new model of relief and risk transformation for real estate enterprises.

China CITIC Financial assets (02799) soared more than 6%, as of press time, up 6.25%, trading at HKD 0.68, with a turnover of 22.4333 million Hong Kong dollars.

Zhitong FinanceOct 31 02:37 ET

China CITIC Financial assets(02799.HK): Vice President Zhao Jingjing's qualifications for appointment have been approved.

On October 18, Geelong Times reported that CICC Financial Assets (02799.HK) announced that the company recently received the "Reply from the China Banking and Insurance Regulatory Commission on the Qualifications of Zhao Jingjing as Vice President of China CICC Financial Asset Management Co., Ltd" (Golden Over [2024] No. 662). Ms. Zhao's qualification as Vice President of the company has been approved. Ms. Zhao's term as Vice President will start on October 16, 2024, and will continue until the board of directors appoints or dismisses her. In addition, the board of directors received Zhu Wenhui's resignation letter recently. Mr. Zhu resigned from the positions of Vice President and Chief Financial Officer due to work relocation.

Gelonghui FinanceOct 18 05:32 ET

Hong Kong stocks abnormal movement | AMC company directly benefits from financialization of bonds China Cinda (01359) opens nearly 15% higher, Cinda Financial Assets (02799) opens up more than 13%.

China Cinda (01359) and CSC Financial Assets (02799) both opened higher in the morning session. As of the time of publication, China Cinda rose by 14.79% to HKD 1.63, while CSC Financial Assets increased by 13.85% to HKD 0.74.

Zhitong FinanceOct 13 21:26 ET