January 22 buyback collective | COSCO Shipping Holdings, AIA and others have successively repurchased, among which COSCO Shipping Holdings spent 0.116 billion Hong Kong dollars.
According to the disclosure document from HKEX on January 23, COSCO Shipping Holdings (01919.HK), AIA (01299.HK), and others have repurchased shares. ① COSCO Shipping Holdings (01919.HK) repurchased 10.0785 million H shares on January 22, involving an amount of 0.116 billion HKD, with a repurchase price ranging from 11.56 HKD to 11.4 HKD per share. Since the repurchase authorization resolution, the cumulative number of repurchased securities has been 0.135 billion shares, accounting for 4.225% of the shares issued at the time the ordinary resolution was passed. ② AIA (01299.HK)
AIA (01299.HK) spent 61.6 million Hong Kong dollars to repurchase 1.12 million shares on January 22.
On January 22, Gu Long Hui announced that AIA (01299.HK) spent 61.6 million Hong Kong dollars to repurchase 1.12 million shares.
Quick look at the Hong Kong market | The three major Indexes in Hong Kong stock market collectively declined, with the Hang Seng Index falling below 0.02 million points; Technology stocks and financial stocks were generally sluggish, Bilibili falling over
The three major indices of the Hong Kong stock market all declined, with the Hang Seng Index falling 1.63%, the Tech Index dropping 2.40%, and the National Index decreasing by 1.96%.
Morgan Stanley has listed the stocks for the "Dividend Enhancement" scenario in Asia (table).
Morgan Stanley released a market report for the Asia-Pacific region, updating their Enhanced Dividend Screen of dividend stocks in Asia. This incorporates the bank's Algo model and the views of Industry Analysts. It is predicted that in the first quarter, stocks with higher total return rates will perform well, particularly those supported by cash flow and share buybacks. The above list is for stocks with a reliable dividend policy, which have a lower risk of potential dividend cuts in the Industry and a Market Cap of over 2 billion dollars. Hong Kong Stocks such as China Resources Pharmaceutical (01099.HK), AIA Group (01299.HK), and Hong Kong Telecommunications are included.
Major bank rating | Goldman Sachs: Slightly raised AIA's Target Price to 94 Hong Kong dollars, reaffirmed "Buy" rating.
On January 22, Glonghui reported that Goldman Sachs expressed confidence that in the context of a recovery in new business sales and continuous increases in USA Bond yields, the distribution of profits is expected to reach an inflection point. It is anticipated that the ROI of AIA and PRU will expand from 2025 to 2027, with capital generation accelerating, providing greater space for shareholder returns. Compared to European insurance companies, both have lower short-term outlooks for shareholder returns, partially reflecting the prolonged impact of the pandemic. The report indicated that AIA has implemented a $12 billion share buyback program (2022-2024), and it is believed the company can achieve this in 2025/26.
Eight leading insurance companies are expected to see premiums increase by over 5% in 2024, with Ping An continuing to hold the top position in the industry.
Several listed insurance companies have submitted their "report cards" for 2024. As of January 20, eight companies including Ping An, PICC, China Life, Taiping, and Xinhua...
Goldman Sachs slightly raised the Target Price of AIA (01299.HK) to 94 yuan and lowered the Target Price of PRU (02378.HK) to 147 yuan.
Goldman Sachs released a report, believing that with the recovery of new business sales and the continuous rise in USA Bond yields, the phase of profit distribution release will approach a turning point. It is expected that the ROI for AIA (01299.HK) and PRU (02378.HK) from 2025 to 2027 will expand, and the speed of capital generation will also accelerate, providing greater room for Shareholder returns. Compared to European insurance companies, both have lower short-term Shareholder return prospects, partly reflecting the prolonged impact of pandemic disruptions. The report states that AIA has implemented a $12 billion share repurchase plan (2022-2024), believing that public...
January 21 buyback collection | AIA, COSCO Shipping Holdings, and others have conducted buybacks, with AIA spending 61.4404 million Hong Kong dollars.
According to the documents disclosed by HKEX on January 22, AIA (01299.HK), COSCO Shipping Holdings (01919.HK), and others have repurchased shares. ① AIA (01299.HK) repurchased 1.1052 million ordinary shares on January 21, involving an amount of 61.4404 million HKD, with a repurchase price ranging from 55.85 HKD to 55.1 HKD per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased has been 0.488 billion shares, accounting for 4.343% of the number of issued shares at the time the ordinary resolution was passed. ② COSCO Shipping Holdings (01919.
Announcement Highlights | Zijin Mining Group expects a year-on-year profit increase of over 51% to 32 billion yuan in 2024; EAST BUY's revenue for the first half of the fiscal year decreased by 9% year-on-year, turning from profit to loss.
① Did Zijin Mining Group's profit in 2024 increase by more than 50% year-on-year, and how large is the scale? ② In the last fiscal quarter, did New Oriental's net revenue increase by about 20%, and how was the profit performance?
On January 21, AIA (01299) spent approximately HKD 61.4404 million to repurchase 1.1052 million shares.
AIA (01299) announced that on January 21, 2025, approximately HKD 61.4404 million will be spent to repurchase 11...
"The Big Action" Morgan Stanley selects Hong Kong and A shares list with high profit transparency (table).
Morgan Stanley has released a market strategy report for the Asia-Pacific region, maintaining a 'Shareholding' view on the China market, with a focus on defensive strategies, favoring dividend yields and stocks with sustainable cash flows. The firm expects that the US government may significantly increase pressure on China, but when this happens, a turning point in cross-asset performance may also appear, concluding the long-term bear market in stocks (and bull market in Bonds). Although Japan took more than 20 years, the firm remains optimistic that a turning point may arrive for China even sooner. Morgan Stanley maintains a baseline scenario target of 19,400 points for the Hang Seng Index by December this year, corresponding to projected earnings.
January 20 repurchase collection | COSCO Shipping Holdings, AIA and others have repurchased, among which COSCO Shipping Holdings spent 0.113 billion HKD.
According to documents disclosed by HKEX on January 21, COSCO Shipping Holdings (01919.HK) and AIA (01299.HK) have repurchased shares. ① COSCO Shipping Holdings (01919.HK) repurchased 9.7875 million H shares on January 20, involving an amount of 0.113 billion HKD, with the repurchase price ranging from 11.76 HKD to 11.5 HKD per share. Since the repurchase authorization resolution, the total number of securities repurchased has reached 0.12 billion shares, accounting for 3.763% of the number of shares issued at the time the ordinary resolution was passed. ② AIA (01299.HK) repurchased 1
China Securities Co.,Ltd.: The synergy between policy and fundamentals is Bullish on the upward elasticity of the non-bank Sector.
Life insurance benefits from the continuously optimized policy environment, and high-quality development is expected. Following the introduction and effective implementation of a series of growth-stabilizing policies, equity investments are expected to contribute to performance elasticity.
On January 20, AIA (01299) spent HKD 61.9667 million to repurchase 1.1214 million shares.
AIA (01299) announced that on January 20, 2025, the company will invest 61.9667 million...
January 17 repurchase collective | COSCO Shipping Holdings, AIA and others have successively repurchased, among which COSCO Shipping Holdings spent 0.156 billion HKD.
According to a document disclosed by HKEX on January 20, $COSCO Shipping Holdings (01919.HK)$ and $AIA (01299.HK)$ have repurchased shares. ① $COSCO Shipping Holdings (01919.HK)$ repurchased 13.259 million H shares on January 17, involving an amount of 0.156 billion Hong Kong dollars, with the repurchase price ranging from 11.84 Hong Kong dollars to 11.64 Hong Kong dollars per share. Since the repurchase authorization resolution, the cumulative number of securities repurchased is 0.111 billion shares, accounting for 3.457% of the number of shares issued at the time the ordinary resolution was passed. ② $AIA (01299.HK)$
Express News | On January 17, 48 Hong Kong stocks were repurchased by the companies, with COSCO Shipping Holdings, AIA, and TIMES ELECTRIC having the largest repurchase amounts.
Selected announcements | In 2024, CITIC SEC's Net income is nearly 22 billion yuan, a year-on-year increase of over 10%; invested 13.7 billion yuan! Zijin Mining Group takes over the control of Zangge Mining.
① How is CITIC SEC's net profit of nearly 22 billion yuan in 2024 growing? ② How large is CHINA RES POWER's annual photovoltaic power generation growth of over 140%?
AIA (01299) spent 69.9272 million Hong Kong dollars to repurchase 1.2806 million shares on January 17.
AIA (01299) announced that the company will invest 69.9272 million Hong Kong dollars on January 17, 2025...
The Insurance Authority: In the first three quarters of last year, the new business premiums for long-term insurance in Hong Kong increased by 15.7%, while the new business premiums for mainland customers slightly declined by 0.4%.
The Insurance Authority announced the interim Business Statistics for the first three quarters of last year, with total gross premium reaching 480.8 billion yuan during the period. Among these, the new policy premiums for long-term Business (excluding retirement plan Business) were 169.6 billion yuan, an increase of 15.7%, mainly including non-linked individual Business rising 18% to 162 billion yuan, which can be further divided into 141.4 billion yuan for participating Business and 20.7 billion yuan for Other Business; and 7.2 billion yuan from linked individual Business, a decrease of 19.7%. Insurance companies issued approximately 0.058 million qualified deferred annuity policies, introducing premiums of 3.7 billion yuan, accounting for 2.2% of the total individual Business.
January 16 buyback collection | TENCENT, AIA and others have repurchased, among which TENCENT spent 1.5 billion HKD.
According to a document disclosed by HKEX on January 17, $TENCENT (00700.HK)$ and $AIA (01299.HK)$ have repurchased shares. ① $TENCENT (00700.HK)$ repurchased 3.93 million ordinary shares on January 16, involving an amount of 1.5 billion Hong Kong dollars, with a repurchase price ranging from 386.4 Hong Kong dollars to 376.8 Hong Kong dollars per share. Since the buyback authorization resolution, the cumulative number of repurchase securities is 0.267 billion shares, accounting for 2.839% of the total number of issued shares at the time the ordinary resolution was passed. ② $AIA (01299.HK)$ on January 1