How was the pricing scheme for the capital increase of the four major banks determined? Direct coverage of the four major banks' 520 billion "capital increase" meeting.

Senior executives of the four major banks explain the relevant details.

wallstreetcnMar 31 09:46 ET

Illustration | The net inflow of mainland funds into Hong Kong stocks is 2.9 billion Hong Kong dollars, increasing positions in CHINA MOBILE, CHINA RES GAS, and Bank Of China.

Today, southern funds net bought 2.914 billion Hong Kong dollars in Hong Kong stocks. Among them: net purchases of CHINA MOBILE 0.812 billion, CHINA RES GAS 0.785 billion, Bank Of China 0.78 billion, MEITUAN-W 0.508 billion, XIAOMI-W 0.341 billion, POP MART 0.163 billion, AKESO 0.118 billion, TENCENT 0.117 billion, Semiconductor Manufacturing International Corporation 0.103 billion; net sales of TRACKER FUND OF HONG KONG 4.763 billion, Hang Seng H-Share Index ETF 1.407 billion, BYD COMPANY 0.221 billion, KUAISHOU-W 0.114 billion. According to statistics, southern funds have net bought MEITUAN for six consecutive days, totaling 2.84912 billion Hong Kong dollars.

Gelonghui FinanceMar 31 05:45 ET

Trending Stocks Today: PETROCHINA Inches up 2.59%

Moomoo NewsMar 31 03:00 ET

Hong Kong Stock Concept Tracking | The four major banks announced a capital replenishment plan of 500 billion, Institutions are Bullish on the long-term development of domestic banks (with Concept stocks attached).

The Ministry of Finance has announced a financing plan of 500 billion yuan for the four major Banks. With the uncertainty around dividends now settled, the big Banks still hold stable dividend value.

Zhitong FinanceMar 31 01:25 ET

[Brokerage Focus] Citi: The large state-owned banks' private placement of A-shares helps alleviate net interest margin pressure, but is more Bullish on joint-stock banks.

Jinwu Financial News | Citigroup's Research Reports indicate that the Private Placement of shares by Bank Of China (03988), Postal Savings Bank Of China (01658), China Construction Bank Corporation (00939), and Bank Of Communications (03328) will help alleviate net interest margin pressure and restore lending capacity. This round of Refinancing will respectively raise the core Tier 1 capital adequacy ratios (CET1) of CCB, BOC, PSBC, and BOCOM to 15%, 13.1%, 11.5%, and 11.1%, and will dilute the existing Shareholders' equity to 4.3%, 8.5%, 15.6%, and 17.2%, but will only affect the dividend yield starting from 2025.

Jinwu Financial NewsMar 30 22:55 ET

Hong Kong stock market movement | China Mainland Banking stocks rise against the trend, China Construction Bank Corporation (00939) increases by over 4%, with four state-owned banks introducing a strategic investment of 520 billion yuan.

China Mainland Banking stocks rose against the trend, as of the time of publication, China Construction Bank Corporation (00939) increased by 3.73% to 6.95 Hong Kong dollars; Bank Of China (03988) rose by 1.96% to 4.68 Hong Kong dollars; CM BANK (03968) increased by 1.86% to 46.5 Hong Kong dollars; Industrial And Commercial Bank Of China (01398) rose by 1.27% to 5.56 Hong Kong dollars.

Zhitong FinanceMar 30 22:02 ET