Banks' "Wealth Management Night Market" trend is rising again, and the incremental scale of bank wealth management may reach 2-3 trillion yuan by 2025.
① Wealth management companies and Banks are actively creating and establishing "wealth management night markets," breaking time limitations to meet more investors' needs; ② Against the backdrop of declining deposit interest rates, bank wealth management still has vast development space. In the next step, wealth management companies can continue to strengthen efforts in product innovation, channel innovation, and service model innovation.
The transformation of the Banking Industry in adversity in 2024: the mud and dawn of the "light asset" vision.
How far is dawn?
The "gift-giving" trend continues to go viral! Taobao has joined the battle, and Concept stocks have hit a ceiling of 20cm.
① Taobao launched the 'Send Gift' feature. ② WeChat Mini Programs will start the gray-scale testing of the 'Send Gift' feature in December 2024. ③ Institutions hold an optimistic attitude towards the 'Send Gift' feature.
What the Options Market Tells Us About Alibaba Gr Hldgs
Express News | Tencent HK shares open lower at 7% after the U.S. adds Tencent and others to the list of Chinese firms allegedly aiding Beijing's Military. Its ADR dropped significantly in U.S. market trading.
U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.
① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.
Express News | Shares of Tencent Set to Open Down 7.03% After U.S. Adds Tencent and Others to List of Chinese Firms Allegedly Aiding Beijing's Military
Registered capital surged by 1075%, Alibaba bets on the Metaverse again.
① The company's name has undergone a business change, with the registered capital increased from 10 million RMB to approximately 0.118 billion RMB, a growth of 1075%, with the investor being Hangzhou Alibaba Venture Capital Co., Ltd. ② Alibaba, with its e-commerce background, inherently possesses the genes for Metaverse applications.
Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket
On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.
① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.
Alibaba has provided a governance path for AI.
AI governance has been put on the agenda.
South Korea Impeaches Acting President Han Duck-soo After Yoon Suk-Yeol
Apple Poised to Become First $4 Trillion Company Amid Investor Optimism on Product Surge
Research and development investments are close to the combined sum of BAT! Does ByteDance want to become China's OpenAI?
Zheshang stated that ByteDance has made huge investments in AI, with capital expenditures reaching 80 billion yuan in 2024, approaching the total of Baidu, Alibaba, and Tencent (about 100 billion yuan). Research and development investments significantly lead their peers; analogously, just as Microsoft is strongly investing in OpenAI, ByteDance in China may be comparable to OpenAI in the USA.
Even the richest private Banks are having a hard time.
First revenue decline.
In December, both domestic and imported game licenses were released! A total of 1416 licenses have been issued this year, the highest in the past five years.
① A total of 122 domestic games and 13 imported new games were approved today, marking the third consecutive month of simultaneous issuance of domestic and imported game licenses. Major games from Tencent and NetEase received approvals, along with several other publicly listed game companies also achieving gains. ② As of the time of writing, 1,416 new games have obtained licenses this year, the highest total in nearly five years.
The Nine Layers Purple Plum, scheduled to be served at the end of the year.
Tencent Video's year-end explosive scene.
Outperforming 92% of stocks within the year! The four major banks have reached a new high again, and this month they have all faced Shareholding reductions by financing clients.
① Today, the stock prices of the four major banks collectively set new historical highs, with an average increase of nearly 47% this year, outperforming 92% of stocks during the same period. ② Excluding new stocks, a total of 10 stocks reached historical highs today, most of which are CNI Mid-Small Cap.Index stocks, with a relatively high number of Transportation stocks. ③ The four major banks have all experienced shareholding reductions by financing clients this month, including the Industrial And Commercial Bank Of China, which has seen a net sell-off of nearly 0.2 billion yuan in financing this month.
The new leader of Ant Group has fired the first shot.
Major transformation.
ANT GROUP CO., LTD. makes another adjustment! Imitating Huawei, it implements a rotating presidency system, with a senior executive from Cainiao appointed as CFO.
1. ANT GROUP CO., LTD. established the Digital Payment business group to accelerate the development of innovative payment products and strengthen the payment infrastructure. 2. The Digital Payment business group and the Alipay business group have implemented a rotating presidency system. According to the latest news, Liu Zheng, CFO of Cainiao, has joined ANT GROUP CO., LTD. to succeed Han Xinyi as CFO.