Express News | Anhui Province Natural Gas Development: The expiration of the approval registration for ultra-short-term commercial paper, short-term commercial paper, and medium-term notes.
UBS Group's investment rating and target price for China Mainland Banking stocks (Table)
UBS Group released a research report, the investment rating and target price of China Mainland Banking are as follows:
UBS Group expects lower dividends per share for china mainland banking stocks, with China Construction Bank, Bank of China, Agricultural Bank of China, and Industrial and Commercial Bank of China having defensive characteristics.
UBS Group released a report stating that the MSCI Chinese banks index fell by 4.6% in the past month, underperforming the MSCI China index (down 2.6%). Among the H-shares covered by the bank, Minsheng Bank (01988.HK) performed the best (down 0.7%), while CM Bank (03968.HK) lagged behind (down 10.5%). Mainland institutional investors' holdings (Northbound capital) in H-shares of Chinese banks accounted for 28.2% of the free float, increasing by 48 basis points monthly, with Agricultural Bank of China (01288.HK) showing the largest increase in holding value (up 7.2%), and Bank of Communications (03328.HK) experiencing the largest decline (down 4.
Hot Spot | CM Bank rose more than 3%, leading the gains in china mainland banking. The high dividend allocation value of banks is still attractive.
China mainland banking stocks rose across the board, with CM Bank up 2.89% to HK$30.3; Postal Savings Bank of China up 1.94% to HK$4.21; Bank of China up 1.76% to HK$3.46; Bank of Communications up 1.89% to HK$5.39.
China Life Insurance's new standard premiums in the first half of the year reached 11.1 billion yuan, an increase of nearly 80% compared to last year.
China Bank Life announced that as of June 30 this year, the new standard premiums reached 11.1 billion yuan, increasing by nearly 80% year-on-year. Among them, local business grew by 85% year-on-year; Renminbi new standard premiums increased by about 23% year-on-year, with a market share rising to 55%; direct channel business nearly doubled year-on-year, with a market share of over 52%. China Bank Life stated that it will continue to focus on high-quality development, optimize business structure and multi-channel advantages; promote comprehensive high-quality intergenerational 'enjoying old age' blueprint planning through cross-industry alliances, and will soon launch related insurance products to support, develop a brand new concept of retirement living plans. In addition, China Bank Life also
Synlait Milk Secures NZ$450 Million Syndicated Loans to Refinance Bank Debt