The first interest rate cut of the year has been implemented! This releases approximately 1 trillion yuan in long-term liquidity.

① The People's Bank of China lowered the reserve requirement ratio of Financial Institutions by 0.5 percentage points starting from May 15, providing approximately 1 trillion yuan in long-term liquidity to the market; ② This adjustment aims to encourage Financial Institutions to support the real economy, especially in the fields of Autos finance and leasing.

cls.cnMay 14 20:51 ET

The "China Agricultural Construction" Listed in Hong Kong stocks have all reached a historic high! The dividend season on the Hong Kong stock market has arrived early, with China Mainland Banking stocks collectively rising.

① What impact does the early arrival of the dividend season in Hong Kong stocks have on the market? ② Why has short-term capital continuously flowed into "China Agriculture Bank" Listed in Hong Kong, which has reached a historical high?

cls.cnMay 14 03:58 ET

Bank stocks are at a new high again! How does the public fund performance benchmark assessment affect the allocation of bank stocks?

Industrial Securities stated that the performance benchmarks focus on actively managed equity funds, including the CSI 300 Index. By the end of 2024, the proportion of bank Hold Positions in actively managed funds is expected to be 3.81%, while the weight of the bank Sector in the CSI 300 Index is as high as 13.67%, resulting in a deviation of nearly 10 percentage points. Among these, stocks such as CM BANK, Industrial Bank, Industrial And Commercial Bank Of China, Bank Of Communications, and Shanghai Pudong Development Bank have an even greater under-allocation ratio.

wallstreetcnMay 14 02:13 ET

Hong Kong stocks are fluctuating | China Mainland Banking stocks are rising again as reserve requirement cuts and interest rate reductions reinforce the high dividend advantage of Banks, and medium to long-term capital inflows are expected to accelerate t

China Mainland Banking stocks have risen again. As of the time of reporting, Bank of Qingdao (03866) is up 3.52%, trading at 4.12 HKD; China Zheshang Bank (02016) is up 2.99%, trading at 2.76 HKD; Bank Of China (03988) is up 1.96%, trading at 4.69 HKD; Postal Savings Bank Of China (01658) is up 1.82%, trading at 5.04 HKD; China Construction Bank Corporation (00393) is up 1.78%, trading at 6.88 HKD; China CITIC Bank Corporation (00998) is up 1.7%, trading at 6.57 HKD.

Zhitong FinanceMay 13 23:53 ET

CITIC SEC: The fundamentals of Banks are expected to remain stable, and two main lines can be grasped.

How to grasp the changes in Banks' asset-liability strategy and interest margin?

Zhitong FinanceMay 13 20:39 ET

[Brokerage Focus] CITIC SEC: Policies guide insurance funds and other long-term capital into the market, with the Banks Sector benefiting relatively.

Jinwu Financial News | CITIC SEC stated that recently, regulatory institutions are focused on guiding the high-quality development of public funds, along with an increase in Insurance funds entering the market, both of which help increase the allocation of funds to the Banks sector. From a funds perspective, changes in the preferences of institutional investors will facilitate the long-term Inflow of funds into the Banks sector. The more important logic of sector investment lies in the fundamentals, as the impact on Banks from China-US trade is expected to be significantly weaker than that on Other Industries, establishing a relative value logic for the whole year; the absolute return logic still stems from the valuation recovery driven by the reassessment of systemic risks in Banks and the stable equity return characteristics driven by the framework of RMB asset allocation.

Jinwu Financial NewsMay 11 20:40 ET