Earnings Call Summary | Lufax(LU.US) Q1 2024 Earnings Conference
Lufax Holding GAAP EPADS of -$0.21, Total Income of $964M
“Zero door-to-door” tax payment experience, Dongjiang enterprises complete digital yuan tax settlement
The digital yuan pilot continues to deepen by adding new ways to facilitate private taxation
Hong Kong stocks have been trading sideways in the short term, and the basic logic of the high dividend strategy has not changed
In the past March, Hong Kong stocks began to break out of the “mud” of decline. As the Hang Seng Index recently repeated at the 17,000 mark, south-bound capital is low and enthusiasm for fund-raising is rising. However, the agency's desire to take more is not strong, and a pot of “cold water” is being poured out one after another: in April, the Hang Seng Index will fluctuate between 16,000 and 17,000 points. Moreover, since Hong Kong stocks have already reached the end of the earnings season, there don't seem to be many surprises in the market right now; only the Federal Reserve is “throwing an eagle” from time to time. Hong Kong stocks may fluctuate mainly in April CCB International believes that the annual profit forecasts for most industries have been lowered, and the profit prospects for Hong Kong stocks are visible
Hong Kong stocks have emerged from a technical bull market; is Shengye expected to usher in upward catalysis?
In March, under a series of favorable incentives, Hong Kong stocks emerged from a technical bull market. The data shows that since the Hang Seng Index bottomed out on January 22, its biggest rebound has exceeded 16%. The biggest rebounds of the Hang Seng Technology Index and the Hang Seng China Enterprises Index reached 24.09% and 21.36% respectively, both of which have entered a technical bull market. A sharp rise in one or two sectors may not explain anything, but if several sectors continue to rise continuously, the significance is completely different. This signal is worth paying close attention to. Brokerage analysts generally believe that as the performance of Hong Kong stock companies picks up, market liquidity changes