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Moomoo News01:00 ET

[Brokerage Focus] Morgan Stanley states that the CSRC encourages state-owned Insurance to invest 30% of new premiums in A-shares, expecting domestic Silver to become a major investment choice.

Jinwu Financial News | Morgan Stanley has released a report stating that the China Securities Regulatory Commission encourages large state-owned insurance companies to invest 30% of new premiums in A-shares, believing that the attractive dividend yield and stable payout ratio of Bank Of China will likely become a main investment choice for state-owned insurance companies. More rational and long-term policies, along with the support of the credit cycle, should support the sustainable development of the financial market and the ideal performance of bank stocks. The bank believes that several factors will continue to drive the performance of China Mainland Banking stocks, including a potentially more constructive view of banks' Operation Indicators in the market; expanded fiscal policy support, which buffers the tail risks of bank credit quality; in the credit cycle.

Jingwu Financial News21:10 ET

Hong Kong stocks are moving unusually | China Mainland Banking stocks are rising across the board as listed Banks have been intensively distributing dividends recently. Institutions indicate that the Sector still has upward valuation potential.

China Mainland Banking stocks are all on the rise. As of the time of publication, Postal Savings Bank Of China (01658) is up 3.08%, priced at 4.68 Hong Kong dollars; Industrial And Commercial Bank Of China (01398) is up 2.21%, priced at 5.09 Hong Kong dollars; China CITIC Bank Corporation (00998) is up 2.23%, priced at 5.49 Hong Kong dollars.

Zhitong FinanceJan 22 21:51 ET

The Industrial And Commercial Bank Of China (01398.HK) received an increase in shareholding of 36.656 million shares from Ping An Asset Management.

According to the latest disclosure of equity on the Stock Exchange, on January 20, 2025, Industrial And Commercial Bank Of China (01398.HK) was increased by Ping An Asset Management Co., Ltd. with approximately 36.656 million shares at an average price of HKD 4.9957 per share, involving about HKD 0.183 billion. After the Shareholding, the latest number of shares held by Ping An Asset Management Co., Ltd. is 15,657,225,000 shares, and the shareholding ratio has risen from 17.99% to 1.

Gelonghui FinanceJan 22 17:37 ET

ICBC's Macau Branch Issues $250 Million Bonds Due 2028

MT NewswiresJan 22 05:55 ET

Industrial And Commercial Bank Of China (01398.HK): Macau branch's 0.25 billion USD notes will be listed on January 22.

Gelonghui January 22丨Industrial And Commercial Bank Of China (01398.HK) announced that the Macau branch of Industrial And Commercial Bank Of China has issued $0.25 billion floating rate notes due in 2028 under its $20 billion Global Medium Term Note Program established by Industrial And Commercial Bank Of China. The notes are listed on January 22, 2025, on China (Macau) Financial Assets Exchange ("Macau Exchange").

Gelonghui FinanceJan 22 03:44 ET