China Merchants Securities: High dividend stocks are expected to continue to be a key direction for increases in risky assets allocation.
China Merchants released research reports stating that the investment assets of listed insurance companies account for a large proportion of the industry, with a steady and healthy growth in scale in the first half of 2024, maintaining a balanced and stable allocation structure, and a significant improvement in the total investment yield.
Hong Kong Exchanges and Clearing Limited will launch a weekly series of stock options starting from November 4th for trading.
HKEX will launch ten listed stock options contracts, which will be available for market participants to trade from November 4, 2024.
After the mid-term report, the stock price has risen by 9%, and the brokerage collectively bullish on Ping An Insurance.
The opportunity on the right may have already emerged.
Hong Kong Stock Market: New China Life Insurance (01336) rose more than 9%, leading the mainland insurance companies. The prosperity of the life insurance liability side in the third quarter may continue to improve.
Mainland insurance companies continue to rise in the near term. New China Life Insurance (01336) rose 9.9%, closing at HK$17.32; China Pacific Insurance (02601) rose 4.73%, closing at HK$20.15; China Life Insurance (02628) rose 4.64%, closing at HK$11.72; Ping An Insurance (02318) rose 3.05%, closing at HK$37.15.
Industrial and Commercial Bank of China (01398.HK) received a shareholding of 12.655 million shares from Ping An Insurance.
According to the latest equity disclosure data from the Hong Kong Stock Exchange, on August 23, 2024, Industrial and Commercial Bank of China (01398.HK) received a shareholding of 12.655 million shares from Ping An Insurance Group Co., Ltd. at an average price of HK$4.6961 per share, involving approximately HK$59.4291 million. After the shareholding, the latest shareholding of Ping An Insurance Group Co., Ltd. is 12,159,326,000 shares, and the shareholding percentage has increased from 13.99% to 14.00%.
Express News | UBS Group AG's Long Position in H-Shares of Ping an Insurance Increases to 9.19% on Aug 22 From 8.72% - HKEX
104998465 : Ping an historically gg before xd
monthly 104998465 : not xd tmw?
EllisC monthly : Good Company dun worry :))