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HK Stock MarketDetailed Quotes
00939 CCB
- 5.910
- +0.030+0.51%
Noon Break Jan 14 11:59 CST
1.48TMarket Cap4.00P/E (TTM)
5.940High5.870Low144.05MVolume5.920Open5.880Pre Close850.61MTurnover0.06%Turnover Ratio4.03P/E (Static)250.01BShares6.30752wk High0.43P/B1.42TFloat Cap3.64852wk Low0.65Dividend TTM240.42BShs Float6.456Historical High0.438Dividend LFY1.19%Amplitude-3.507Historical Low5.904Avg Price1000Lot Size11.03%Div YieldTTM7.41%Div Yield LFY
CCB News
Hong Kong Stock Market Midday Review | The Hong Kong Stock Market is aggressively rising! The Hang Seng Index has returned to the 19,000 mark, and the Technology Index has increased by more than 2%; Network Technology stocks are rebounding strongly, with
Network Technology stocks are rising, with MEITUAN-W up 4.44% and KUAISHOU-W up 4.12%; Biotechnology stocks are also climbing, with BEIGENE up 8.82% and Junshi Biosciences up 6.46%; Autos stocks are all up, with LEAPMOTOR up 15.00% and YADEA up 5.60%;
UBS Group: Expects the banking industry's interest margins to continue to face pressure in 2025, with state-owned banks performing better in the short term.
The UBS Group research team expressed the view that the Banks will face challenges in 2025, such as further declines in interest rates and a decrease in ROE.
Express News | GRG Banking Equipment: The company has made important breakthroughs in the application of digital renminbi in cross-border trade scenarios.
Express News | Shunfa Hengye Corporation plans to repurchase shares for 0.25 billion yuan to -0.5 billion yuan for cancellation.
Banks' "Wealth Management Night Market" trend is rising again, and the incremental scale of bank wealth management may reach 2-3 trillion yuan by 2025.
① Wealth management companies and Banks are actively creating and establishing "wealth management night markets," breaking time limitations to meet more investors' needs; ② Against the backdrop of declining deposit interest rates, bank wealth management still has vast development space. In the next step, wealth management companies can continue to strengthen efforts in product innovation, channel innovation, and service model innovation.
The Ministry of Finance: Special national bonds will be issued to support state-owned large banks in replenishing their core tier-one capital. Relevant banks are currently calculating capital replenishment plans.
Liao Min, Deputy Minister of Finance, stated at the State Council Information Office press conference that the issuance of special national bonds will support state-owned major banks in replenishing core tier 1 capital. Relevant banks are currently calculating and refining capital replenishment plans, which will be implemented promptly. Liao Min emphasized greater efforts to support local governments in alleviating debt repayment pressures and enhancing development momentum. The 2 trillion yuan replacement bond quota for 2024 was fully issued by December 18 of last year. The issuance work for the 2 trillion yuan replacement bonds for 2025 has begun. This replacement bond policy has achieved significant results in three areas: first, the liquidity pressure faced by local governments has greatly...
Goldman Sachs' investment rating and Target Price for China Mainland Banking Listed in Hong Kong (table)
Goldman Sachs released a research report, listing investment ratings and target prices for China Mainland Banking listed in Hong Kong as follows: Stock | Investment Rating | Target Price (HKD) Industrial And Commercial Bank Of China (01398.HK) | Sell -> Neutral | 3.96 -> 5.62 Bank Of China (03988.HK) | Neutral -> Buy | 3.51 -> 4.91 China Construction Bank Corporation (00939.HK) | Buy | 6.07 -> 7.91 Agricultural Bank Of China (01288.HK) | Sell -> Neutral | 3.12.
Foreign giants are intensively raising the ratings of Assets in China, Hong Kong stocks and Banks are favored, how will the market evolve in the future?
Southbound funds are continuously performing large-scale "buying" of Hong Kong stocks. As of January 9, southbound funds have maintained a buying scale of over 10 billion for three consecutive trading days, with a total net buy of 39.139 billion HKD in the past three days.
Express News | Sanhe Piles: The controlling Shareholder plans to increase shareholding by 40 million to -80 million yuan.
Express News | East Money Information: Provides a maximum guarantee of 1.8 billion yuan for its wholly-owned subsidiary Tiantian Fund.
Express News | Peng Jiabin, former member of the Party Committee and Deputy Governor of the Jiangxi branch of China Construction Bank Corporation, has been expelled from the Party and removed from public office.
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
Anti-corruption efforts in CSI China Mainland Financials Index continue, and it is reported that domestic banks have become key targets for investigation.
According to domestic media report "The Paper", the anti-corruption situation in CSI China Mainland Financials Index continues. Last year, at least 97 individuals in the financial sector were investigated, which is comparable to 2023. Among the 97 individuals under investigation, 3 are central management officials, 76 are senior party and state agency officials, state-owned enterprises, and financial unit officials, and 18 are provincial management officials. Out of the 97 individuals investigated, 63 are from Banks, 15 are from regulatory agencies, 9 are from Insurance institutions, 4 are from financial holding groups, 3 are from reinsurance groups, and 3 are from securities institutions. The report mentioned that state-owned Banks were a key focus for investigation, with a total of 36 individuals being investigated.
Express News | Baozelong Company has signed a Global Strategy framework agreement with Qingdao Special Steel.
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
The Monetary Authority is promoting a regulatory incubator for distributed ledger technology to enhance Banks' risk management capabilities.
The Hong Kong Monetary Authority launched the "Distributed Ledger Technology (DLT) Regulatory Incubator" yesterday (8th), to assist Banks in responsibly exploring the potential of DLT. The aforementioned incubator will enhance the risk management capabilities of individual Banks and the overall banking industry, especially concerning the risks that may arise when Banks launch services that involve both DLT banking Infrastructure and traditional banking Infrastructure (such as deposits and loans) simultaneously. For individual Banks, the incubator will provide a one-stop regulatory platform that allows them to confirm that relevant risk management measures have been fully implemented before the full launch of DLT initiatives. Through the platform, Banks can engage with the dedicated team from the Monetary Authority.
The transformation of the Banking Industry in adversity in 2024: the mud and dawn of the "light asset" vision.
How far is dawn?
Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.
Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;
Morgan Stanley's investment rating and target price for China mainland banking stocks (table).
Morgan Stanley released a research report, listing the investment ratings and Target Prices for China Mainland Banking as follows: Stocks | Investment Rating | Target Price (HKD) Agricultural Bank Of China (01288.HK) | Shareholding | 4.25 -> 4.8 Bank Of China (03988.HK) | Neutral | 3.7 -> 3.8 China CITIC Bank Corporation (00998.HK) | Neutral -> Shareholding | 4.8 -> 6.25 China Construction Bank Corporation (00939.HK) | Shareholding | 6.75 -> 6.9 Industrial And Commercial Bank Of China (01398
Hong Kong Stock Market Afternoon Review | All three major indices fell, with the Hang Seng Index down nearly 2%; Network Technology stocks declined, with Tencent down nearly 7% and Xiaomi down over 8%; some mineral stocks rose against the trend, with CGN
Network Technology stocks fell, with XIAOMI-W down 8.13% and TENCENT down 6.79%; Biotechnology stocks declined, with EVEREST MED-B down 6.35% and WUXI BIO down 4.22%; Shipping and Ports stocks weakened, with COSCO Shipping Holdings down 3.47% and CHINA MER PORT down 2.49%.
