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Nomura Adjusts Industrial And Commercial Bank of China's Price Target to HK$5.08 From HK$4.73, Keep at Buy
01:32 AM EDT, 04/19/2024 (MT Newswires) -- Nomura Adjusts Industrial And Commercial Bank of China's Price Target to HK$5.08 From HK$4.73, Keep at Buy
MT NewswiresApr 19 01:32 ET
Wanlian Securities: The bank's overall profit growth or entry into the bottom zone, and the short-term sector's defensive properties are still quite obvious
Looking back, in high dividend strategies, support factors on the denominator side may have responded a lot, and stability on the molecular side has become the key logic for high-dividend stock selection.
Zhitong FinanceApr 17 21:54 ET
ICBC (01398.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 17: ICBC (01398.HK) announced that the Bank will hold a board meeting on April 29, 2024 (Monday) to approve the Bank's results for the three months ended March 31, 2024.
Gelonghui FinanceApr 17 04:49 ET
董事會會議召開日期
Futu NewsApr 17 04:46 ET · Announcements
Fitch downgrades six Chinese state-owned banks to “negative” rating outlook
Jinwu Financial News | Rating agency Fitch adjusted the rating outlook for the six Chinese state-owned banks, Industrial and Commercial Bank (01398), China Construction Bank (00939), Bank of China (03988), Agricultural Bank (01288), Bank of Communications (03328), and Postbank (01658), respectively, from “stable” to “negative.” According to Fitch, this revision of the bank's rating outlook was carried out after China's sovereign rating outlook was adjusted from “stable” to “negative” earlier. Although it is believed that the country's tendency to support banks remains unchanged, the country's ability to provide support to these banks has declined. Fitch continues
金吾財訊Apr 16 05:01 ET
Hong Kong Stock Concept Tracking | Huijin has increased its holdings of the four major banks by more than 4.8 billion yuan in the past 6 months, and the Bank of China (03988) is the most popular (with concept stocks)
As of April 10, 2024, the four major banks of Gongnong China Construction have obtained a total of 1,089 billion additional shares from Huijin. Based on the average price of the range, the total cost was about 4.82 billion yuan.
Zhitong FinanceApr 14 19:25 ET
102877280 : it is for China to prove them wrong?
9919933 : Trust them and they will bring you to hell.
102559790 102877280: The problem is in China, it is one man deciding. yesterday , it came to light that Xi guided central bank to buy treasury bond in Oct 23 but was reported in the news. It signifies such monetary decision is not central bank or by Xi who chairs all important meetings including financial ones. it means if there is pro market ideas but as long as Xi dont agree, it wont get implemented. No wonder or western funds ran away in 2023.
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