Weekly Hot List Highlights: The 'Trump trade' is back on! The US dollar and gold break negative correlation!
"Trump trade" restarts, gold, US dollar, and US stocks surge! Supply concerns are replaced by slowing demand, causing oil prices to plummet. Continuously heavyweight bullish news catalyze market enthusiasm, with "bullish on Chinese stocks" entering the hot trading list... What exciting market trends did you miss out on this week?
300 billion share buyback shares increase the re-lending "order", under the current trend, banks' risks are generally controllable, which may lead to more business opportunities.
①From the current policies and market trends, it is a high-probability event that the stock market and market confidence will gradually recover upwards, and the overall risk of loans is still manageable. ②Although the interest rate spread for share buyback and shareholding loans is not particularly large, this business can be used to expand and maintain the client base of listed companies, generating more business opportunities. ③In practice, the main consideration may not necessarily be the purchase of stocks as collateral, but more emphasis will be on the overall credit rating of the borrower.
Today, the six major banks proactively lowered the deposit benchmark interest rates, experts: showing the effective running of the central bank's interest rate policy transmission mechanism will provide support for banks to stabilize net interest margins.
①On October 18, major commercial banks lowered deposit benchmark interest rates, and the LPR reported on October 21 will also reflect the corresponding decrease in policy interest rates, indicating further improvement of the market-oriented interest rate control mechanism and effective transmission channels of interest rates; ② This adjustment of deposit interest rates by commercial banks is beneficial for reducing the bank's cost of liabilities, providing support for stabilizing net interest margins, and enhancing the sustainability of financial support for the real economy.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
The People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission: will implement two new tools, the convenient exchange of securities, funds, and insurance companies, and the share buyback a
On the morning of October 16, China's central banks, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission jointly held a forum for major financial institutions.
Three state-owned major banks have lowered their deposit benchmark interest rates with a maximum reduction of 25 basis points.
Industrial and Commercial Bank of China, China Construction Bank Corporation, and Bank of Communications mobile banking have all updated their deposit benchmark interest rates, with the six-month interest rate lowered to 1%. This is the second time in less than 3 months that major banks have lowered deposit rates since July, and it will also be the sixth time that major banks have actively lowered deposit rates since September 2022.
Underestimated + high dividend double blessing! Will the 'clean break' state-owned central enterprises stabilize and become the main theme of the year?
In the past two years, the high dividend strategy in the Hong Kong stock market has become a hot trend. State-owned enterprises with high dividends and medium-to-high valuation have attracted attention from funds, leading to a continuous increase in stock prices. At the same time, with the release of the first market value management guideline documentation at the regulatory level, long-term companies trading below net asset value are required to develop value enhancement plans, bringing the concept of 'trading below net asset value' into the public eye.
Featured deposits are hotly recommended. In October, many banks introduced new products. The interest rate spread for different joint-stock banks can be up to 20 basis points over a 3-year period.
①Special deposit products, like regular deposits and large-sum certificates of deposit, are all types of deposit products suitable for low-risk individuals. ②Although special deposit rates are also being reduced in the context of overall deposit rate cuts, they remain relatively higher compared to regular deposits, making them somewhat appealing to prudent savers.
The wave of adjustments to existing home loan interest rates has expanded to rural banks and private banks, and the downward trend of LPR will further drive down mortgage rates.
On October 14th, hundreds of rural commercial banks nationwide issued announcements on adjusting existing individual housing loan interest rates, with some private and foreign banks following suit in the past two days. As a result, participation in the adjustment of existing housing loan rates has basically expanded to all domestic commercial banks; Different banks have different requirements for adjusting overdue loans and non-performing loans; Several experts believe that there is still room for LPR to be lowered, which will further drive down future mortgage rates.
Daily Bull Bear | Hong Kong stocks saw a net outflow of 96 million Hong Kong dollars from the good warehouse, with bull certificates accounting for 70%; Haitong Securities resumed trading and surged, with subscription certificates increasing nearly 50 tim
Last Friday early morning, the Hang Seng Index night session (October) closed at 21,274 points, up 4 points or 0.019%, with a high of 22 points; Hong Kong stocks had a net outflow of 96 million Hong Kong dollars from good positions last Thursday, and a net inflow of 34 million Hong Kong dollars from light positions; the top five stocks with inflow of funds from good positions are Ping An, China Life, ICBC, Huaxia 300, and Alibaba.
The first Chinese stocks etf's net assets surpassed one billion, overseas institutions emphasize valuation advantages remain unchanged
① The net assets of iShares China Large Cap ETF have reached 10.86 billion US dollars, marking the first time that the scale of a Chinese stock ETF listed in the United States has exceeded 10 billion US dollars; ② Bank of America strategists team indicated that as economic growth forecasts are revised upward and bond yields rise, it is expected that asset allocation to China will increase.
12 joint-stock banks, many city commercial banks and rural commercial banks announced follow-up! Existing housing loan interest rates will be uniformly adjusted in bulk on the 25th.
Following the six major banks, 12 national joint-stock banks and many urban and rural commercial banks have successively issued detailed regulations on adjustments to existing home loan interest rates, announcing that a unified batch adjustment will be carried out on October 25th.
The booming real estate market has driven the heating up of mortgages, causing bank customer managers to "work overtime like crazy".
Recently, there have been continuous supportive policies surrounding real estate. Benefiting from bullish policies, the real estate market has also seen a hot trend.
Dongfeng Honda has fallen by over 50% for three consecutive months. Japanese brands are looking to leverage the trend of rbob gasoline vehicles warming up to make a comeback in the fourth quarter.
①China Association of Automobile Manufacturers (CAAM) data shows that in September, the domestic sales of passenger vehicles reached 2.068 million units, an increase of 18.6% month-on-month, a decrease of 1.8% year-on-year; ② In September, Honda's cumulative sales of terminal vehicles in China were 62,586 units, up 9.88% month-on-month, and down 42.93% year-on-year.
Confirmation obtained for injecting capital into the 'six major banks': Special national bonds blessing received after 26 years.
At the State Council Information Office press conference on October 12, the specific mode of capital injection into the 'Big Six Banks' finally became more certain.
Confirmed! The six major banks will collectively adjust the interest rates of existing home loans on October 25th. There are cases where the highest interest savings can reach 0.14 million yuan. These situations require manual application.
①Peking, Shanghai, Shenzhen and other regions where the interest rates for first home loans are higher than the LPR-30BP and the interest rates for all existing home loans are higher than the LPR-30BP will be uniformly adjusted to the LPR-30BP. ②In Peking, Shanghai, Shenzhen and other regions, the interest rates for second home loans higher than the corresponding policy lower limit will be uniformly adjusted to the local corresponding policy lower limit.
The four major banks announced: there will be a batch adjustment of mortgage interest rates for existing houses on October 25.
This morning, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank all issued announcements regarding the bulk adjustment of existing individual housing loan rates.
High-dividend assets have emerged as a dark horse, where will the next trend go? Trillions of level funds may be on the way.
Hua Xia Fund believes that from the perspectives of policy, fundamentals, liquidity, and the market cycle itself, Hong Kong stocks still have a relatively high allocation value.
Existing housing loan interest rate new developments: Industrial and Commercial Bank of China will implement it on the 25th, while other banks have not yet specified. Specific operational details will be released the day after tomorrow.
The industrial and commercial bank of china released a notice further revealing its specific adjustment plan, and determined to uniformly adjust the existing housing loan interest rates in bulk on October 25. Currently, except for industrial and commercial bank of china, the rest of the banks generally will still announce the operating details on October 12 and complete the bulk adjustment work before October 31.
Can it become the new main theme in the Hong Kong stock market? High dividend stocks collectively surged, with many individual stocks already rising more than 40% this year.
Guosen Securities believes that the latest policy will support the shareholder strategy of high dividend companies. For companies with high dividend yields, major shareholders can increase their shareholdings at a lower cost, potentially increasing the dividend payout ratio and attracting more investors seeking stable income.