Are bank stocks still worth buying? CITIC Financial Assets disclosed a 50.3 billion comprehensive investment plan, including a 30 billion shareholding in Bank of China and China Everbright Bank.
①CITIC Financial assets explicitly stated that it will allocate approximately 50.3 billion yuan for a bundled investment plan, of which 30 billion will be used directly to buy shares of Bank of China, China Everbright Bank, and other institutions. ②CITIC Financial assets and other institutional funds buying bank stocks are inevitable. As a large-scale institutional fund, due to various considerations such as risk control and capital return, it is highly probable that it will prioritize "high dividend stocks" rather than thematic stocks.
The State Tobacco Monopoly Administration has released new regulations on electronic cigarettes, and there is expected to be further improvement in market share for leading companies.
①The State Tobacco Monopoly Administration issued a notice on the amendment and issuance of the Regulations on the Management of Electronic Cigarette Trade. The notice mentions that the competent administrative department of the State Tobacco Monopoly Administration is to establish a national unified platform for the management of electronic cigarette trade. ②Lü Mingzhang of Caitong Securities pointed out that in the long run, non-compliant products will gradually be eliminated, and market share is expected to further concentrate, which is bullish for leading companies in production, brand and other aspects.
The outcome of the Trump election has specific implications for stock selection on Wall Street.
The stocks most affected by the election results will continue to track Trump's probability of winning, and then outperform/underperform in the days and weeks after the election ends.
Hong Kong Digital Office sets up the Hong Kong "Cross-border Channel" self-service machine in Zhuhai, covering services such as talent immigration applications.
On August 23, the Hong Kong Digital Policy Office announced the establishment of a self-service machine for Hong Kong's "global top e-commerce" office in Zhuhai.
Is it worth buying gold at a fixed price?
Is a fixed price gold a good choice?
Four Dow Jones transportation stocks have revived and are worth buying!
Since the end of July 2023, the Dow Jones Transportation Average Index has fallen by about 8%, while the S&P 500 Index has risen by 20%.