Chinese Asset Sentiment Shows Signs of Recovery

Moomoo NewsJan 20 06:25 ET

Hong Kong stocks morning report on January 20: The Securities Regulatory Commission has approved GTJA to absorb and merge HAITONG SEC. This year, there will be a large increase in southbound funds' Shareholding in the three major state-owned Banks.

① The Securities Regulatory Commission has agreed to GTJA's absorption and merger with HAITONG SEC and to raise matching funds. ② Financial Secretary Paul Chan Mo-po will attend the Davos Annual Meeting. ③ This year, southbound funds have significantly increased their Shareholding in the three major state-owned Banks. ④ CITIC SEC's profit in 2024 is nearly 22 billion yuan.

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