Annual Review | The top ten high-yield Hong Kong stocks for 2024 have been released! The Aluminum stock CHINAHONGQIAO has doubled in price this year, and several Banks stocks are benefiting from both finance and interest.

Looking back at 2024, with the ongoing changes in the Global macroeconomic environment and the continuous deepening of reforms in China Capital Markets, the Hong Kong stock market has encountered new challenges and opportunities. Against this backdrop, the adjustment in policy direction and changes in market demand have jointly promoted further improvements in the dividend policies of listed companies, leading to a significant rise in the status of high dividend strategies in the Hong Kong stock market.

Futu News09:56

The State-owned Assets Supervision and Administration Commission strengthens market cap management of controlling listed companies; unprofitable central enterprises are expected to gain a competitive edge.

The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.

cls.cn08:01

The President of the Hong Kong Monetary Authority, Eddie Yue Wai-man: There is a need to further strengthen the connectivity with the CSI China Mainland Financials Index.

Hong Kong needs to continue actively promoting the development of its international financial center, especially by further strengthening the connectivity in the financial sector between Hong Kong and the mainland, as well as enhancing CNI Xiangmi Lake Fintech Index and expanding green finance.

Zhitong FinanceDec 17 16:15

Once again, the rights of high-end customers at banks have shrunk. After Construction Bank, MINSHENG BANK has adjusted the "Extraordinary Privileges" redemption rules, with cost reduction still being the core demand.

On December 16, MINSHENG BANK announced on its official website that in the first quarter of next year, it plans to adjust some rules for the extraordinary privileges program for retail customers, including an increase in points accumulation for services such as airport and High-speed Rail transfers. It is not surprising that multiple banks continue to adjust their credit card points redemption rules. The fundamental reason lies in the pressure of interest margins, which continues to dilute the banks' profits, forcing them to 'reduce costs and increase efficiency.'

cls.cnDec 17 13:18

Liu Yonghao has taken action! Acquired 17.61 million H shares of MINSHENG BANK, increasing the shareholding ratio to 5%. This round of Shareholding will reach 68 million shares.

① New Hope Liuhe has increased its shareholding in MINSHENG BANK by 17,616,500 shares of Listed in Hong Kong using its own funds on December 16, 2024, which accounts for 0.04% of MINSHENG BANK's total shares. ② The total number of shares increased through the secondary market in this round is not more than 68,000,000 shares. After the increase, New Hope Liuhe and its concerted parties will hold no more than 5.12% of the shares in total.

cls.cnDec 16 23:31

The Agricultural Bank Of China is following up on the exchange rates for personal foreign currency cash remittances, and recently several major state-owned banks have optimized and upgraded relevant services.

① On December 13, Agricultural Bank Of China announced on its official website that starting from December 13, 2024, it will optimize and upgrade personal foreign currency cash remittance services. ② In addition to Agricultural Bank Of China, several other banks have recently released similar announcements stating they will upgrade foreign currency cash services for personal Forex Accounts. ③ Although the cash remittance parity may somewhat affect the income of banks, it can significantly reduce the cost for individuals to conduct Forex Business.

cls.cnDec 13 14:54