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China CITIC Bank Announces Supervisor Resignation
China CITIC Bank Corporation (00998.HK): Liu Guoling resigned as an external supervisor.
Glory Financial reported on December 27 that China CITIC Bank Corporation (00998.HK) announced that the supervisory board recently received the resignation letter of external supervisor Liu Guoling. Liu Guoling resigned from his positions as external supervisor, member of the supervisory board's supervisory committee, and member of the nominations committee due to personal energy reasons. Liu Guoling's resignation will take effect officially from December 27, 2024.
China CITIC Bank Relocates Hong Kong Office
China CITIC Bank Corporation's strategy meeting: The US stock market is expected to continue rising next year, A-shares have profit opportunities, and the long-end interest rates of national bonds may rise.
Han Tongli stated that compared to the Internet Plus-Related bubble period of 1999-2000, the U.S. stock market still has 30%-40% upward potential, and the U.S. dollar may continue to remain strong. Zhao Qian mentioned that there are profit opportunities in the A-share market next year, as the current valuation of A-shares is not expensive, related policies provide a strong bottom support for the market, and many Chinese companies are expected to perform better next year than this year.
Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.
① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?
Outperforming 92% of stocks within the year! The four major banks have reached a new high again, and this month they have all faced Shareholding reductions by financing clients.
① Today, the stock prices of the four major banks collectively set new historical highs, with an average increase of nearly 47% this year, outperforming 92% of stocks during the same period. ② Excluding new stocks, a total of 10 stocks reached historical highs today, most of which are CNI Mid-Small Cap.Index stocks, with a relatively high number of Transportation stocks. ③ The four major banks have all experienced shareholding reductions by financing clients this month, including the Industrial And Commercial Bank Of China, which has seen a net sell-off of nearly 0.2 billion yuan in financing this month.
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