First loss in 20 years! New World Dev, the "most indebted", the Hong Kong property industry is "bleak across the board".
New World stated that the insufficient recognition of revenue from major projects such as Bai Aozhuang I and Bai Aozhuang II has impacted the company's core profit. In addition, the provision for impairment of two large assets is also a major reason for the "shrinkage" of the company's profit.
Hang Seng Index Futures Closing (8.31) │ Hang Seng Index Futures (September) closed at 17785 points, down 204 points
As of August 31, the Hang Seng Index night session (September) closed at 17,785 points, down 165 points or 0.919%, with a low of 204 points.
Tencent, NetEase Mull Game Strategy in Japan Amid Growth in Local Market China - Report
Hang Seng Index Rises 3.72% This Month to 17989.07 -- Data Talk
Is it a challenge to lower the benchmark interest rate and promote the integration of banking and insurance? China Life Insurance, which has a premium of 400 billion, has recently spoken up.
The decrease in the reserved interest rate and the deepening of the integration of report and bank in the individual insurance channel are challenges and opportunities for the life insurance market. In the first half of the year, China Life Insurance exceeded 600 billion in equity product allocation. The current A-share market already has long-term allocation value, and the allocation strategy will increase the allocation of high-dividend stocks and actively buy high-quality stocks with cost-effectiveness.
China Life Insurance Company Limited (CILJF) Q2 2024 Earnings Conference Call Transcript Summary
