Neusoft Education (09616.HK) further subscribes for 100 million yuan wealth management products
Gelonghui, April 29, 丨 Neusoft Education (09616.HK) announced that on April 29, 2024, the company also signed a financial management agreement with Industrial Bank, as an affiliate entity, Dalian University, and agreed to use its idle funds to subscribe to Industrial Bank for wealth management products with a total amount of RMB 100 million.
Nomura Adjusts Industrial Bank's Price Target to 16.92 Yuan From 16.26 Yuan, Keeps at Buy
04:38 AM EDT, 04/26/2024 (MT Newswires) -- Nomura Adjusts Industrial Bank's Price Target to 16.92 Yuan From 16.26 Yuan, Keeps at Buy Price (RMB): ¥16.43, Change: ¥+0.26, Percent Change: +1.61%
Overnight news: Federal Reserve Chairman Powell's change in attitude suggests that stubborn inflation may cause the central bank to delay interest rate cuts, and the number of new housing starts in the US fell to its lowest level since August
For more global financial information, please go to the 7×24 hour real-time financial news market closing: US stocks had mixed ups and downs Powell hinted at or postponed interest rate cuts April 16. Top 20 in US stock turnover: Musk says Tesla is simplifying sales and delivery systems. Most popular Chinese securities fell 1.4% on Tuesday, Pinduoduo fell 0.7%, and US WTI crude oil closed down 5 cents on Tuesday for the second day. European stocks closed 1% higher and the main indices all fell by more than 1%, implying that Federal Reserve Chairman Powell's attitude changed stubbornly Inflation may cause Central Bank Postpones Interest Rate Cut in Europe
External market headlines: Federal Reserve Vice Chairman Says Keeping Interest Rates Unchanged Will Help Lower Inflation Levels The surge in green electricity has led to the shutdown of European nuclear power plants
The main headlines shared by global financial media last night and this morning are: Société Générale predicts that if the Federal Reserve does not cut interest rates in 2024, the euro will fall below $1.05. Societe Generale (Societe Generale) researchers' basic prediction that the Fed will not cut interest rates in 2024 may cause the euro to fall below $1.05. The unexpected rise in US inflation has prompted our US economists to no longer expect the Federal Reserve to cut interest rates in 2024,” Korber wrote in a statement to clients
Shen Wan Hongyuan: Continued optimism about bank stocks at the bottom of performance, bottom of valuation, and bottom of positions
Shen Wan Hongyuan said that he is optimistic about banks due to the characteristics of undervaluation, low holdings, low expectations and high dividends in the banking sector.
The Past Three Years for Industrial Bank (SHSE:601166) Investors Has Not Been Profitable
While not a mind-blowing move, it is good to see that the Industrial Bank Co., Ltd. (SHSE:601166) share price has gained 13% in the last three months. But we must note it seems the three year retur
Semiconductor CIM company Semet received hundreds of millions of yuan in C+ round financing and announced the launch of the listing process
Sina Technology News On the morning of March 18, the domestic semiconductor CIM company Semet announced that it has recently completed a C+ round of financing of hundreds of millions of yuan. The current round of financing was led by Chengdu Ceyuan Capital, followed by Yuntai Capital, Shenwan Hongyuan, Blue Ocean Fund, and Industrial Bank. The financing is mainly used to invest in production and research and talent reserves, accelerate overseas market expansion, and promote domestic intelligent manufacturing software solutions into more factories around the world. After completing the C+ round of financing, Semet has accumulated a total of nearly 1 billion dollars in cash. In addition, the company's main business revenue has increased year by year, continued to be profitable, and its product market share has increased dramatically. According to reports, currently Semet
Industrial Bank (601166.SH): Fujian Haisheng plans to transfer the company's shares free of charge to Fujian Tobacco
Gelonghui, March 13 | Industrial Bank (601166.SH) announced that it has received a notice from the shareholder China Tobacco Corporation Fujian Corporation (Fujian Tobacco for short) that China Tobacco Corporation has approved Fujian Tobacco Haisheng Investment Management Co., Ltd. (Fujian Haisheng) to transfer 441,504,000 shares of the Company's RMB common shares to Fujian Tobacco free of charge. Fujian Haisheng is a wholly-owned subsidiary of Fujian Tobacco. The transferring parties will go through the share transfer registration procedure in accordance with the approval of China Tobacco Corporation. As of February 29, 2024, Fujian Haisheng held 441,504,0 of the Company's shares
The European Stoxx 50 Index hit a new high in 24 years, pushing global stock markets close to historic highs
As Europe and Wall Street hit record highs, global stock markets remained close to record highs on Wednesday, and investors are betting that higher-than-expected US inflation will not stop the Federal Reserve and other central banks from cutting interest rates. The Asian stock market hit a seven-month high as many technology stocks rose. However, the European stock market opened better, hitting a record high for the fifth time in six trading days. Furthermore, the Stoxx 50 Index also surpassed the 5,000 mark for the first time in 24 years. The latest rise in European stock prices was driven by retailers in the region, Zara's owner Inditex had a strong performance, Zaland
The People's Bank of China held a symposium on over-the-counter bond business
Recently, the People's Bank of China held a symposium on the over-the-counter bond business to study, deploy and implement related work.
Tianqi Lithium was released from shareholder Tianqi Group for a total of 3.3 million shares
Tianqi Lithium (09696) announced that on March 7, 2024, the company received a notice from the company's shareholder Chengdu Tianqi Industrial (Group) Co., Ltd. (hereinafter referred to as “Tianqi Group”). Tianqi Group released the pledge of a total of 3.3 million shares previously pledged to Industrial Bank Co., Ltd. Chengdu Branch (hereinafter referred to as “Industrial Bank”).
Industrial Bank of Korea's Likely Improving 2024 Earnings Could Lead to Better Returns -- Market Talk
0102 GMT - Industrial Bank of Korea's likely improving 2024 earnings could lead to better investor returns, Daiwa Capital analysts Mike Oh and Daeho Son say in a research note. The South Korean state
Industrial Bank of Korea Raised to Outperform From Hold by Daiwa Capital >024110.SE
Industrial Bank of Korea Raised to Outperform From Hold by Daiwa Capital >024110.SE
Santander boosts investment bankers' bonuses by 10% after recording record profits
After recording record profits last year, Spain's Santander raised bonuses for investment bankers. According to people familiar with the matter, who asked not to be named, the bank's corporate and investment banking department's variable pay increased by an average of 10%. The bank's spokesperson declined to comment. Santander previously promoted the expansion of its investment banking business in the US. Last year, it hired dozens of bankers to handle matchmaking and transactions, a large part of which came from Credit Suisse, which was urgently taken over by UBS Group. Santander announced that in 2023, attributable profit reached 11.1 billion euros, the highest level on record. The bank praised it in its January results presentation
Societe Generale: If the US economy accelerates again, the Fed's next move may be to raise interest rates
Société Générale believes that if the US economy accelerates again, then the Federal Reserve's next interest rate action may be to raise interest rates rather than cut interest rates, and this will potentially boost the US dollar. After the Federal Reserve implemented the most aggressive austerity measures in decades, the market generally expects it to cut interest rates for the first time by June, as inflation has shown signs of slowing down. Traders are now betting that interest rates will be cut by around 100 basis points this year. However, according to Kit Juckes, chief foreign exchange strategist at Societe Generale Bank, the Federal Reserve “has no reason to rush” to cut interest rates, and may even tighten the policy further, because of 525 since 2022
Société Générale: A further 25% rise in the S&P 500 index is considered a bubble
The strong rise of the “Big Seven” US stocks has triggered Wall Street to strongly compare them with the internet age. For example, today's Nvidia is like Cisco in the beginning, and the AI hype at this stage is like the internet boom at the time, etc. However, Societe Generale (Societe Generale) pointed out that the S&P 500 index would need to soar another 25% to reach the level of “irrational prosperity” that fueled the tech stock bubble in the 90s. The bank's analysts Manish Kabra and Alain Bokobza said in a report on Wednesday: “If the original technology were to be destroyed
Chinese Universe Publishing and Media Issues Ultra-Short-Term Bonds Worth 1 Billion Yuan
Chinese Universe Publishing and Media Group (SHA:600373) issued its first tranche of ultra-short-term financing bonds for the year, which amounts to 1 billion yuan. The Chinese media company's bonds h
While Private Companies Own 30% of Industrial Bank Co., Ltd. (SHSE:601166), Retail Investors Are Its Largest Shareholders With 47% Ownership
Key Insights Industrial Bank's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public The top 13 shareholders own 50% of the com
Nomura Downgrades Industrial Bank to Neutral From Buy, Adjusts Price Target to 16.50 Yuan From 18.87 Yuan
04:50 AM EST, 01/26/2024 (MT Newswires) -- Nomura Downgrades Industrial Bank to Neutral from Buy, Adjusts Price Target to 16.50 Yuan from 18.87 Yuan Price (RMB): ¥15.64, Change: ¥+0.17, Percent Change
Overnight news: US stocks closed higher, the Dow and the S&P 500 index hit a record high, Biden signed an expedient spending bill, and US second-hand housing sales hit the worst since 1995
For more global financial information, please follow the 7×24 hour real-time financial news market closing: US stocks closed higher, the Dow and the S&P 500 index reached record highs January 19, the top 20 US stock turnover: Nvidia and AMD both reached record highs. Investment banks raised the target prices of several chip stocks, most popular Chinese securities fell on Friday, and most of the popular Chinese securities fell on Friday, the NASDAQ China Golden Dragon Index fell by more than 7% this week. The US WTI crude oil closed down 0.9% this week. New York gold futures closed down 0.9% on Friday, European stocks closed down 500.12
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