Concept Dynamics | Caijing Community's thematic library adds the concept of "debt-to-equity swap"
The State Council Information Office held a press conference on October 12, 2024. Minister of Finance Lan Fo'an stated that plans to significantly increase the debt limit at one time, replace the local government's existing hidden debts, and increase support to help local governments resolve debt risks. Overview of debt restructuring concept stocks.
In this round of the market, A-share listed banks are being shareholding again, with Bank of Nanjing welcoming a new shareholder, East China Airport Group, with mysteries behind the scenes.
①Eastern Airport Group increased its shareholding in Bank of Nanjing from 0 to 1.09% of the total share capital between August 23 and October 9. ② Shareholders of Eastern Airport Group include Jiangsu SASAC, Nanjing Zijin Investment Group, and Jiangsu Communications Holding Co., Ltd., with the latter two being the second and fourth largest shareholders of Bank of Nanjing. Yushan Capital, a wholly-owned subsidiary of Jiangsu Communications Holding, ranks as the fifth largest shareholder of Bank of Nanjing.
Brokerages need a bull market more than individual investors.
This National Day holiday is somewhat unusual, with the A-share market experiencing an unprecedented surge before the festival, making countless people restless, hoping for the first time not to take a break and to open the market quickly.
Witness history! The sse composite index surged by 10%! All A-share brokerages hit the limit up! Semiconductors almost all hit the limit up.
After the National Day holiday, the A-share king is back!
Bull market resurgence in 2015? Morgan Stanley: Another 2-3 trillion retail investors' funds may enter the market
According to Daiwa's estimation, if retail investors' sentiment remains high, as much as 2-3 trillion RMB in China's household financial assets will be reallocated to the stock market. As long as the momentum is strong enough, brokerage stocks are expected to rise by another 30%, and roe may rebound to around 13%.
Brokerage stocks continued to soar in the afternoon! Chinese brokerage sector rose by over 12%, with China Merchants and other individual stocks hitting new highs.
As of around 3 p.m., the Chinese brokerage index rose by 11%, hitting a new historical high. China Merchants Securities and China International Capital Corporation surged by over 20%, csc rose by 17%, Orient Securities rose by over 15%, Guolian Securities rose by over 11%, Everbright Securities rose by over 10%, and Gf Sec rose by over 8%.