Futu Morning News | The first show of the US stock market in the new year was turbulent, with Tesla falling over 6%, dragging down the Nasdaq; is the windfall for nuclear energy coming? AI Nuclear Power Concept stock Constellation rose over 8% against the
The revision of the final value of the USA manufacturing PMI for December releases Bullish Signals; Trump will hold a rally in Washington D.C. on the eve of the presidential inauguration; Tesla's Cybertruck is eligible this year for the maximum $7,500 USA tax credit.
So sudden! What happened with the well-known Hong Kong stocks in a collective turmoil?
In today's morning session, the Hong Kong stock market suddenly experienced a significant decline, with all three major Indexes dropping by more than 2%.
Daily Bull and Bear | The Hong Kong Index night futures closed at 20,087 points, with the latest bull-bear street position ratio at 63:37; Semiconductor Manufacturing International Corporation fell by nearly 3%, and one bear certificate rose by 50% at its
As of market close, the total market turnover was 74.521 billion Hong Kong dollars, with a total turnover of all warrants and callable bull/bear contracts reaching 4.848 billion Hong Kong dollars, accounting for 6.5% of the total market turnover. Among these, long positions accounted for 4.0%, while short positions accounted for 2.5%, and the net Inflow of funds in warrants was 28.7297 million Hong Kong dollars.
CHINA TELECOM has once again "released" an Insurance license. After listing Sweet Orange Insurance last month, the 100% stake of Zhongtong SUNSHINE INS Brokerage has also been put on the shelf.
① 100% equity of Zhongtong Sunshine Insurance Brokerage is being listed for transfer by CHINACOMSERVICE Hunan Company, with a minimum transfer price of 137.23 million yuan; ② Tianyi E-Commerce Co., Ltd. is also listing for transfer 100% equity of Sweet Orange Insurance Agency; ③ CHINA TELECOM is continuously transferring insurance licenses while intensively "clearing out" equity in multiple Financial Institutions including Banks and micro-finance.
Sufa Technology Industry's restructuring has led to a suspension of trading. After the symbol company's IPO "failed", it is now seeking to be listed through another avenue. | Quick Read Announcement
① Sufa Technology Industry, a leading nuclear valve manufacturer, is temporarily suspended due to a major Assets restructuring; ② After the target company's previous plan to raise 2 billion yuan on the Star board "failed", it is attempting to list again.
In 2024, A-share listed companies distributed 2.39 trillion yuan in dividends, a list of individual stocks with dividends exceeding 10 billion yuan.
① Data shows that a total of 3,972 A-share listed companies distributed dividends this year, with total dividends exceeding 2 trillion yuan; ② As of the time of publication, Industrial And Commercial Bank Of China has the highest dividend amount for 2024, reaching 109.203 billion yuan, followed closely by China Construction Bank Corporation, along with a list of stocks with dividends exceeding 10 billion yuan for 2024 (chart).
State-owned enterprises continue to push forward with Venture Capital! Three major state-owned enterprises collaborate with the Haidian District government to launch a 30 billion Fund.
① The China Chengtong Technology Innovation Venture Capital Fund plans to invest a total scale of 30 billion yuan, with an initial capital scale of no less than 10 billion yuan, mainly investing in New Materials, next-generation information technology, and other strategic XINXINGCHANYE. ② The fund is jointly initiated by the state-owned capital operation company China Chengtong, China Petroleum & Chemical Corporation, China National Aviation Fuel, and the Haidian District Government of Peking, focusing on early-stage investments, small amounts, long-term investments, and hard Technology.
Which bank has the highest dividend yield, and when will the interim dividend arrive?
China Merchants stated that in the A-share market, Ping An Bank, China Zheshang Bank, Xiamen Bank Co.,Ltd., and Bank of Shanghai have high dividend yields; the H-shares of China Construction Bank Corporation, Bank Of Communications, Chongqing Rural Commercial Bank, and Bank Of China also have relatively high dividend yields.
Four executives have new positions, and Ping An Insurance has made adjustments to some executive roles.
Fu Xin also serves as the Chief Financial Officer, Fang Fang concurrently acts as the Chief Risk Officer, and Zhang Zhichun takes on the role of General Assistant and is responsible for auditing.
Futu Daily News | The Federal Reserve FOMC voting committee has a new lineup in the new year! The policy stance is expected to further polarize between dovish and hawkish factions; with the Christmas holiday approaching, Hong Kong stocks open half a day t
The NASDAQ 100 Index has been rebalanced, with the weights of Tesla, Meta, and Broadcom decreasing; competition in wearable devices is intensifying! Meta plans to add a display to its smart glasses; the "Santa Claus rally" is late this year, Analysts say there will still be opportunities after the holidays.
After failing to make a successful push for the BSE, Huanhe Eco-friendly Concept switched to the Hong Kong stock market and passed the hearing. The founder had previously "urgently" issued salaries exceeding 7 million.
① The controlling shareholders of the Eco-friendly Concept Holding are Zhou Yang, Zhao Mingzhu, and Chen Zhiyuan, who act in concert and jointly hold 95% of the shares through an employee stock ownership platform; ② The Eco-friendly Concept stated that the Ship environmental protection equipment and system Industry is highly fragmented and competitive.
Express News | The Nonferrous Metals Sector in the Hong Kong stock market has risen, with RUSAL up over 4%, MMG up nearly 4%, and ZHAOJIN MINING and CHINAGOLDINTL both up nearly 2%.
Market alert | Hong Kong stocks in the Aviation/airlines Industry rose collectively, Air China Limited and China Southern Airlines both gained nearly 4%, and the airlines' proactive revenue management strategy is expected to boost performance in the peak
SWHY pointed out that aviation typically experiences a seasonal lull in travel during the fourth quarter, yet travel demand remains resilient. The fundamental supply and demand in the aviation sector is currently in an improving phase, with domestic demand steadily increasing and international demand continuously recovering. The long-term supply and demand gap shows high certainty, and oil prices are currently at high levels with significant downward potential. In a relatively optimistic or improving macro environment, cyclical Aviation Sector symbols are expected to benefit, and this current cycle is likely to start.
Annual Review | The 2024 Hong Kong IPO rankings have been released! Mao Ge Ping and Lao Pu Gold surged over 70% on debut! Jingwei Tiandi made a spectacular profit of 6,560 HKD.
Hong Kong, as one of the important Global international financial centers, has been the largest Global IPO financing center seven times since 2009.
Major banks take action for the first time. Bank Of China officially announces the migration of online bank "Consumer Loans" to mobile banking. Industry insiders: an inevitable trend.
① Currently, consumer loans are also one of the key competitive areas among major Banks, "basically regarded as an upgrade and supplement to traditional credit cards." Applying through mobile banking is more convenient; ② With the popularity of Penghua CSI Mobile Internet Index Fund(LOF)-A, mobile banking no longer requires other auxiliary tools. With the use of new technologies such as Facial Recognition, its usage is faster and safer compared to online banking.
A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
As the Spring Festival holiday approaches, the tourism Industry is expected to pick up, and these Concept stocks are frequently being investigated.
The Spring Festival holiday is from January 28 to February 4, 2025, totaling 8 days.
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.
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.
Futu Morning News | The Central Economic Work Conference has set the tone! Next year, the fiscal deficit rate needs to be increased; Broadcom soared over 15% after hours! Q4 profit exceeded expectations.
Inflation unexpectedly accelerates! In November, the USA PPI month-on-month growth rate reached the highest increase since June; AI transformation faces challenges! Adobe's performance forecast fell short of expectations, dropping more than 13% after the earnings report.