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Citigroup Options Spot-On: On March 31st, 62,058 Contracts Were Traded, With 1.75 Million Open Interest
OCC Withdraws From Climate Principles for Large Banks
USDC Issuer Circle Taps Banks for IPO, With Public Filing Seen Late April - Report
On the eve of performance announcements, US bank stocks are experiencing their worst quarterly performance since the crisis of 2023.
Bank of America stocks have experienced their worst quarter since the crisis crash in 2023.
HSBC Adjusts Price Target on Citigroup to $91 From $94, Maintains Buy Rating
Citigroup: Cut CHINA RES GAS Target Price to HKD 29, rating downgraded to "Neutral".
Citibank released a Research Report stating that CHINA RES GAS (01193) is expected to earn more than 20% lower than the market average expectation in 2024, mainly due to delays in connection projects and the connection rate of existing buildings being lower than anticipated. Although the sales volume of Henry Hub Natural Gas showed recovery in the first two months of this year compared to the decline recorded in the fourth quarter of last year, it is still uncertain whether new user connections, integrated services, and other Business can rebound from the trough in the second half of 2024. The firm has downgraded the rating of CHINA RES GAS from "Buy" to "Neutral" and reduced the net income forecast for 2025 to 2026 by 20% to 21%, with the Target Price accordingly adjusted.
空軍部隊vs 抄底絕招 : To save the market, immediate interest rate cuts are necessary.