Bank Of Communications Stock Forum

$Hang Seng Index (800000.HK)$ opened 86 pts or 0.5% higher at 17,737. $Hang Seng China Enterprises Index (800100.HK)$ opened higher by 5 pts or 0.1% to 6,275. $Hang Seng TECH Index (800700.HK)$ opened higher by 10 pts or 0.3% to 3,728.
$AIA (01299.HK)$ , with its 1Q VONB up 27% YoY on AER and share buyback program up US$2 billion, open 7.4% higher at $58. $CHINA LIFE (02628.HK)$ added 1.6% at $10.46 after 1Q net profit ebbed 9%. $BANKCOMM (03328.HK)$ , reporting 1Q net profit hike...

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DBS: China banking sector: Jun total social financing grew 9%, new increment above expectation - Alpha Edge Investing
$Ping An Bank (000001.SZ)$ $CCB (00939.HK)$ $CITIC BANK (00998.HK)$ $ABC (01288.HK)$ $ICBC (01398.HK)$ $PSBC (01658.HK)$ $BANKCOMM (03328.HK)$ $CM BANK (03968.HK)$ $BANK OF CHINA (03988.HK)$ $China Merchants Bank (600036.SH)$ $Agricultural Bank Of China (601288.SH)$ $Bank Of Communications (601328.SH)$ $Industrial and Commercial Bank of China (601398.SH)$ $Postal Savings Bank Of China (601658.SH)$ $China Everbright Bank (601818.SH)$ $China Construction Bank Corporation (601939.SH)$ $Bank Of China (601988.SH)$ $China CITIC Bank Corporation (601998.SH)$ $CEB BANK (06818.HK)$

$HSBC HOLDINGS (00005.HK)$ announced to acquire the U.K. branch of the collapsed Silicon Valley Bank $SVB Financial (SIVB.US)$ for a stated purchase price of GBP1, JPMorgan commented. The actual price, however, will depend on the amount of capital shortfall of SVB UK.
The broker expressed that there is no apparent synergies between HSBC and SVB UK, and the acquisition could be viewed as an act of national service t...