03908 CICC
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China Merchants Securities: Positive policies to improve the development of the securities industry and set sail again
The Zhitong Finance app learned that China Merchants Securities published a research report saying that in 2023, the securities industry's overall net revenue and profit was steady, and the brokerage index rebounded upward in the second half of the year, continuing the cyclical fluctuation trend.
China Merchants Securities's 24-year securities industry strategy: active capital market policies continue to gain strength, and performance growth is steady under a low base
The Zhitong Finance App learned that according to a research report published by China Merchants Securities, the securities industry is expected to achieve total revenue of 472 billion dollars in 2024, an increase of 11% over the previous year, and net profit of 18.3 billion yuan, an increase of 15% over the previous year; ROE 5.84%, an increase of 0.43 pct over the previous year.
China Financial Corporation (601995.SH): Actively developing business related to the Beijing Stock Exchange
Gelonghui, November 28丨China Financial Corporation (601995.SH) said on an interactive platform that since the establishment of the Beijing Stock Exchange, the company has actively carried out business related to the Beijing Stock Exchange, implemented the responsibilities of state-owned enterprises, responded to the national call and service strategy, and played the role of the main financial force and channel to help the development of the capital market.
CICC Corporation (03908): “19 CICC 5” will pay interest on December 5
China Financial Corporation (03908) announced that the company's non-public offering of 2019 subprime bonds (fourth instalment) will be...
CICC Corporation (03908): “20 CICC 14” completed the resale of bonds amounting to 450 million yuan
CICC (03908) issued an announcement, according to “China International Finance Corporation Limited's public offering in 2020...
China Financial Corporation (03908): Approximately 1,994 million A-share restricted shares will be listed and distributed from November 30
China Financial Corporation (03908) issued an announcement according to the China Securities Regulatory Commission's “Approval of China International Finance Shares...
China Financial Corporation (601995.SH): 1,994 million restricted shares will be listed and distributed from November 30, accounting for 41.31% of the total share capital
China Financial Corporation (601995.SH) announced that the number of restricted shares currently listed and distributed by the company is 1,994 billion...
Haitong Securities: Broker valuations are low, and future alpha and beta markets are expected to coexist
The Zhitong Finance app learned that Haitong Securities released a research report saying that brokerage valuations are low, and it is expected that alpha and beta markets will coexist in the future.
CICC Corporation (03908): Each lot of “22 CICC G1” will pay 29.4 yuan in dividends on November 29
CICC Corporation (03908) announced that “22 CICC G1” will begin payment from 2 on November 29, 2023...
[Broker Focus] Changjiang Securities maintains CICC's (03908) buying rating, indicating that long-term cross-border and wealth management advantages are still remarkable
Jinwu Financial News | According to the Changjiang Securities Research Report, CICC (03908) released its 2023 three-quarter report. In the first three quarters, it achieved operating income and imputed net profit of 17.47 billion yuan and 4.61 billion yuan respectively, down 9.9% and 23.4% year-on-year respectively; the weighted average return on net assets fell 2.27pct to 4.84% year on year; and operating leverage after excluding customer capital fell 11.0% to 5.21 times compared to the same period last year. Affected by market shocks, all business lines of the company are under pressure. According to the bank, in the long run, the bank will continue to be optimistic about CICC's excellent fee-related business and assets
CICC Corporation (03908): “20 CICC 12” completed the resale of bonds amounting to 929.5 million yuan
CICC (03908) issued an announcement, according to “China International Finance Corporation Limited's public offering in 2020...
CICC Corporation (03908): The “20 CICC F5” resale fund disbursement date is December 14
China Financial Corporation (03908) issued an announcement according to “China International Finance Co., Ltd. Non-public offering 2020...
CICC Corporation (03908): The coupon interest rate for 2 years after the “20 CICC F5” was lowered to 1.6%
China Financial Corporation (03908) issued an announcement. According to the company's actual situation and current market environment, the company decided to keep the company private...
Hong Kong stocks closed (11.14) | The Hang Seng Index closed down 0.17%, and the domestic housing stock of Chinese brokerage firms boosted by more than 16%, and Tebu International (01368) fell more than 16%
Hong Kong's Hang Seng Index opened up 0.4%. The three major indices fell rapidly after opening higher in early trading, then turned green and declined. Since then, they have shown a weak and volatile trend throughout the day.
A-share afternoon review: Shanghai index closed up 0.08%, Hongmeng concept, active brokerage sector
The three major A-share indices fluctuated slightly in the morning. By the midday closing, the Shanghai Index had risen 0.08% to 3049.08 points; the Shenzhen Stock Exchange Index had risen 0.02%, and the GEM Index had fallen 0.28%.
Changes in Hong Kong stocks | China Financial Corporation (03908) rose more than 7%, leading the four rumors of mergers, acquisitions and restructuring of Chinese brokerage firms, and many brokerage firms responded urgently
Chinese brokerage stocks rose in the market. As of press release, China Financial Corporation (03908) rose 6% to HK$14.14; China Galaxy (06881) rose 4.2% to HK$4.47; Guolian Securities (01456) rose 4.03% to HK$3.87; and CITIC Securities (06030) rose 3.19% to HK$16.84.
CICC: Under the declining cycle of the US dollar and interest rates, focus on two main lines next year
According to a research report released by China Financial Corporation, the global market will continue to be turbulent in 2023. Among them, the US economy has shown greater resilience than expected, Europe as a whole is weak, and emerging markets with rapid investment in manufacturing have performed well. Looking ahead to 2024, CICC believes it can generally follow two main lines: 1) Affected by high oil prices, high interest rates, and high wages, corporate profits face cost pressure, and the economic growth rate may continue to decline in 2024, driving interest rates on US bonds and the US dollar to fall. Opportunities in 2024 may be US Treasury bonds, precious metals, Japanese and emerging markets, and non-US currencies; 2) The decline in global demand and tightening liquidity will continue to pressure
CICC Elects Chairman, Vice Chairman
China International Capital Corp. or CICC (SHA:601995, HKG:3908) elected Chen Liang as chairman and Wu Bo as vice chairman during a meeting on Friday. Chen will also serve as the company's legal repre
China International Capital Names Company President
China International Capital (HKG:3908, SHA:601995) appointed Wu Bo as president. Wu, who was CFO, performed duties in place of the president since October. He was also nominated to become vice chairma
CICC, Galaxy Securities Dispel Merger Rumors
China International Capital Corp. or CICC (SHA:601995, HKG:3908), and China Galaxy Securities (SHA:601881, HKG:6881) both denied reports that they are in talks of merging. The Chinese securities firms