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Toa Corporation (Electric Appliances) News
East Asia (00023.HK) expects Hong Kong's economic growth to reach 2.5% this year.
The Co-CEO of BANK OF E ASIA, Li Minqiao, stated that it is still necessary to observe the policies of USA's incoming president Trump regarding the Global political and economic situation and inflation trends. Recently, the mainland has released strong signals to boost the economy, and it is believed that the country is confident in implementing a good mix of policies to maintain reasonable economic growth. As interest rates decline, more mainland visitors are coming to Hong Kong, and the trend of Hong Kong's economic recovery is expected to continue. BANK OF E ASIA's Chief Economist, Cai Yongxiong, predicts that Hong Kong's economic growth could reach 2.5% this year. Business surveys show that in the fourth quarter, Hong Kong enterprises remain optimistic about the economic outlook and expect the recovery momentum to continue into the early part of this year. Despite the foreign trade environment.
BANK OF E ASIA collaborates with Guangzhou Agriculture Commercial Bank to expand Southbound Business.
BANK OF E ASIA announced a collaboration with Guangzhou Agricultural Commercial Bank to further expand the cross-border Wealth Management Connect 2.0 (Southbound) Business. The co-CEOs of BANK OF E ASIA, Li Minqiao and Li Minbin, expressed their pleasure in becoming the first partner bank for cross-border Wealth Management Connect with Guangzhou Agricultural Commercial Bank. Both parties will combine their networks and project services to meet the growing needs of clients in the Greater Bay Area. BANK OF E ASIA's 'Southbound' service offers over 260 eligible Funds, including 'non-complex' fund products that primarily invest in Global or regional Stocks and fixed income.
Express News | Guangzhou Rural Commercial Bank joins hands with BANK OF E ASIA to launch the Cross-Border Wealth Management Connect 2.0 (Southbound) Business.
Express News | East Asia Qianhai Securities: Provides an initial Shareholding rating for POP MART.
East Asia Securities: Assigns BYD Company a "Shareholding" rating with a Target Price of 310 Hong Kong dollars.
Dongya Securities released a research report stating that it gives BYD Company Limited (01211) a "Shareholding" investment rating, with a Target Price of 310 HKD, which corresponds to an earnings per share of 16.2 RMB in 2025, and a PE of about 17.7 times. The firm expects BYD's New energy Fund to maintain high-speed sales growth in 2025, mainly due to the successive launch of new vehicles equipped with the fifth-generation DM technology and the expectation of rapid increase in overseas sales contributions. At the same time, with the scale effects brought by the increase in sales and production, the proportion of high-end model sales is expected to rise, and the implementation of smart driving applications will help in price increases, it is estimated.
List of cloud-breaking stocks [Ichimoku Kinko Hyo - List of cloud-breaking stocks]
○List of stocks breaking through the clouds Market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Main Board <1379> HOKUTO 1802 1771.25 1786 <1773> YTL9175.25 584.5 <3116> Toyota Boshoku 1991 1988.25 1931.5 <3765> Gan Ltd 3239 3229.5 3190 <4022> Lasa Engineering 2767 2700 2645.5 <402
East Asia (00023.HK) will lower the Hong Kong dollar base rate to 5.5% next Monday.
East Asia (00023.HK) announced a reduction in interest rates, with the Hong Kong dollar standard savings deposit interest rate for deposits of HK$5,000 or more decreasing from the current 0.375% to 0.25%. The Hong Kong dollar prime rate will drop from the current 5.625% to 5.5%, effective from December 23 (Monday).
JP Morgan reiterates the "Shareholding" rating for Shanghai New World (00017.HK), stating that Hong Kong banks may pressure East Asia, Hang Seng, and Bank of China, which could be relatively more affected.
Yesterday, there were reports that NEW WORLD DEV (00017.HK) recently sent a letter to Banks, seeking an exemption for violating Financial Indicators, with the reason being that the net debt to Assets ratio exceeded 100%. NEW WORLD DEV responded last night (18th), stating that it has learned of some untrue speculations and rumors circulating online about the company, and reaffirms that the company will fully comply with all disclosure requirements, providing timely and appropriate information to investors and the company's Shareholders. JPMorgan released a report suggesting that this point alone, coupled with the company's recent sudden change of CEO, is unlikely to alleviate investors' concerns about the company's liquidity pressure, and NEW WORLD DEV this year has...
BANK OF E ASIA partners with Alibaba Cloud to upgrade its mobile banking application.
Alibaba (09988.HK) digital technology and Asia Vets core Business Alibaba Cloud and BANK OF E ASIA (00023.HK) announced a partnership to upgrade the "BEA Mobile BANK OF E ASIA Banking" application to enhance banking services, making the digital account opening process smoother. Alibaba Cloud stated that its Mobile Suite serves as a unified development platform for front-end application design and back-end IT architecture, ensuring consistency in user experience across different touchpoints within the app. Through the infrastructure provided by the mobile application development solutions, mobile applications can be constructed and managed, along with its multiple.
Express News | According to the Dong-A Ilbo report, the verdict on Yoon Suk-yeol's impeachment case may be delivered as early as January or February next year, as the emergency situation was broadcast live, making it easy to ascertain the facts; the report did not cite
Express News | Professor Bert Hofman from the East Asian Institute of the National University of Singapore: The prospects for the internationalization of the Renminbi are broad.
Bank of E Asia expects the Hang Seng Index to reach 22,500 points in the first half of next year.
Bank of E Asia (00023.HK) expects Hong Kong's economy to grow by about 2.5% next year, with the Hang Seng Index target level in the first half of 2025 set at 22,500 points. Focus on local high-yield enterprises in Hong Kong banking, utilities, and real estate, as well as high-yield state-owned enterprises in the mainland such as telecommunications, banks, and insurance, and three major sectors benefiting from mainland consumer policies such as the internet and household appliances. Bank of E Asia's Chief Investment Strategist Li Zhenhao pointed out that investors should avoid shipping, ports, and stocks with a higher proportion of revenue from the USA market to minimize exposure to the risk of potential tariff hikes. The bank expects the Federal Reserve to cut interest rates by another 25 basis points at the December meeting.
East Asia (00023.HK) appoints a deputy chief executive.
Bank of E Asia (00023.HK) announced that Peter Poon has been appointed as Deputy Chief Executive, mainly responsible for managing the group's wholly-owned subsidiary Bank of E Asia China, effective from today, December 5th.
Express News | Zhejiang East-Asia Pharmaceutical: Mosapride Citrate Obtains South Korean Registration Certificate
Express News | Zhejiang East-Asia Pharmaceutical: Wholly-owned subsidiary cefaclor active pharmaceutical ingredient (enzyme method) has obtained the europe CEP certificate.
HSBC Research raised the target price of Dongya (00023.HK) to 9.2 yuan, still waiting for a turnaround.
HSBC Global Research has published a report stating that the bank of e asia (00023.HK) is experiencing a slowdown in loan growth, which may continue to be weak next year, even in a low-interest environment, as faster cost growth will hurt profitability. Additionally, the deterioration in asset quality of Hong Kong's commercial property could raise the company's non-performing loan ratio for 2024 to 2025. The bank maintains a 'hold' rating, reducing the target price from 9.2 to 8.8, and has adjusted the earnings forecasts for 2024 to 2026 by 1.6%, 1.7%, and 3.9% respectively. The bank anticipates that the bank of e asia's non-performing loan ratio will increase in the second half of this year on a half-year basis.
Express News | Changchun Faway Automobile Components: The controlling shareholder Yadong Investment intends to increase its shareholding in the company.
List of cloud breakout stocks (Part 3) [Ichimoku Kinko Hyo and Cloud Breakout stocks]
Below is a list of breakout stocks in the market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange main board <4180> Appier 1438 1731 1453 <4189> KH Neochem 2028 2068 2040.5 <4203> Sumitomo Bakelite 3665 3999 3880.5 <4208> UBE 2416 2616 2599 <4215> Takiron CI 868 868.75 869
Minsheng Edu (01569.HK) received a $15.12 million loan from Bank of E Asia (China).
Minsheng edu (01569.HK) announced that yesterday (21st), it signed a loan contract with the Bank of e Asia (China) branch in Peking. It is reported that the Bank of e Asia (China) branch in Peking agreed to provide Minsheng edu with a loan of 15.12 million dollars, which will be repaid according to the repayment schedule specified in the loan contract, with the final repayment date set for 3 years from the date of the first loan withdrawal.
Express News | Dong Asia Pacific: Initiate coverage of Ultra Rabbit Express Global Limited with a buy rating.
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