These Are the Sectors With the Highest Dividend Forecasts, Lowest Probability of Div Cuts - UBS
The speed of insurance branch institutions withdrawing has slowed down. In the first half of the year, 848 institutions were removed, which is 192 fewer than the same period last year. Excluding Shenneng Property Insurance, the number of remaining branche
The latest data shows that the speed of branch institution closures in the insurance industry has slowed down in the first half of the year.
Mid-year review | The top 10 buyback kings of Hong Kong stocks revealed! The total amount of buybacks in the entire market in the first half of the year has exceeded 100 billion Hong Kong dollars, and Tencent's investment of more than 46 billion has firml
According to Wind data statistics, as of June 20th, 176 Hong Kong stock companies have conducted repurchases this year, with a total amount exceeding HKD 113.4 billion. The repurchases have already exceeded HKD 100 billion before the halfway point of the year, and are expected to break the annual repurchase record of over HKD 120 billion in 2023, setting a new historical high.
IShares MSCI Pacific Ex Japan ETF Declares Semi-annual Distribution of $0.7013
Express News | AIA announced that it will spend approximately HKD 300 million to repurchase 5.03 million shares on June 5, with a repurchase price of HKD 58.95-59.75 per share.
Express News | AIA: Repurchased 1 million shares on June 3, 2024, with a repurchase price per share of HKD 59.8-61.15, with a total cost of about HKD 60.619 million.
Express News | AIA spent about HK$599 million on the 31st to buy back 9.91 million shares
Express News | AIA spent HK$618 million on 30 days to buy back 10.294 million shares
Allianz: China's insurance market will maintain an average annual growth rate of 7.7% over the next 10 years to consolidate its position as the world's second-largest insurance market
① In 2023, Asian life insurance premium revenue increased by 16.2%, making it the largest regional market in the world; ② In the past 10 years, the global market share of the US insurance market increased from 41% to 44% in 2023; ③ The Chinese insurance market will maintain an average annual growth rate of 7.7% over the next 10 years, thus consolidating its position as the second largest insurance market in the world.
Express News | AIA spent about HK$698 million on the 29th to buy back 11.55 million shares
Express News | AIA spent more than HK$15 million on the 28th to repurchase 250,000 shares
Australia's two major mining giants cooperate to test electric mining trucks to pave the way for the 2050 net zero target
① Rio Tinto, a major Australian mining company, announced cooperation with BHP Billiton Group to test large-scale electric transport truck technology in the Pilbara region of Western Australia; ② This test will evaluate the performance and productivity of electric trucks in the Pilbara mining environment; ③ The move aims to achieve the goal of the two companies to achieve net zero greenhouse gas emissions from operations by 2050.
Hong Kong Stock Afternoon Review | The three major indices of Hong Kong stocks pulled back, and the Tech Index fell by more than 3%; Technet stocks and auto stocks generally fell, Bilibili fell nearly 6%, and Ideal Auto fell by more than 19%
Biotech stocks declined in many shares; Kingsley Biotech and Pharmaceutical Biotech fell more than 5%; non-ferrous metals stocks pulled back, Shandong gold fell more than 7%, and Luoyang Molybdenum Industry fell more than 6%.
Hong Kong Stock Afternoon Review | The three major indices rose, and TechNet stocks strengthened, Ali rose nearly 7%; some domestic housing stocks rose, and Sunac China rose more than 9%
Photovoltaic solar energy stocks weakened, Follett Glass fell nearly 9%, and Xinyi Solar fell more than 8%; insurance stocks generally rose; China Taibao rose more than 2%, and China Life Insurance rose nearly 2%.
Is life insurance finally “rejuvenating”? The life insurance business of many listed insurance companies showed a marked recovery in April. Taibao Life's new premiums increased by more than 12% year on year
Recently, several A-share listed insurance companies, including Ping An of China, China Taibao, and China Life Insurance, disclosed their premium income for the first 4 months of this year. A Financial Services Association reporter compared previous data and found that the life insurance business of many insurance companies showed clear signs of stabilization compared to the beginning of the year.
BHP CEO to Meet With Anglo American Head at Conference This Week - Reports
The BHP (NYSE:BHP) CEO will meet the head of Anglo American Plc (OTCQX:AAUKF) this week at a conference in the U.S. after Anglo rejected the miner's recent $39 billion offer last month.
Institutions | The five most important issues in Hong Kong stocks
Looking ahead to the future market, we believe that the current round of gains in Hong Kong stocks is expected to continue, with the Hang Seng Technology Index gradually switching to a high-dividend sector. In the future, the pricing power for southbound capital is expected to increase dramatically, replacing the style where foreign capital dominates Hong Kong stocks. The main allocation of Hong Kong stocks this year is still the dividend sector, and the Science Network sector can focus on leading stocks that are improving.
Chinese assets explode! The Hang Seng Index has risen ten times in a row, and China's Golden Dragon Index has been rising nearly 15% in two weeks. What do you think of the future market?
More and more global capital is looking at Chinese assets.
Brazil Rejects Vale-BHP Settlement Offer in 2015 Deadly Dam Collapse
Brazil's government rejected a proposal Friday by Vale (NYSE:VALE) and BHP (BHP) to pay 127B reais, or ~$25.7B, in total compensation for the 2015 tailings dam disaster at the companies' Samarco iron ore joint venture.
Hong Kong Market Overview | The Hang Seng Index has risen six times in a row! Domestic housing stocks strengthened across the board, and Shimao Group soared more than 60%
Auto stocks improved. Evergrande Auto rose nearly 12%, and Zero Run rose more than 8%; big financial stocks generally rose, AIA Insurance rose more than 6%, and the Bank of China rose nearly 5%.