The bond bull market with dividend overlay, the insurance industry's "investment side" finally sees a warming trend.
Only in the first half of 2024, five mainland insurance companies listed on the Hong Kong stock market have already exceeded 90% of last year's annual net profit attributable to shareholders.
The chain reaction of the Fed's interest rate cut: small cap stocks are highly favored.
Many smaller AI sector stocks in the Asian market are relatively few, so their valuations are not expensive; coupled with the dovish turn of the Federal Reserve, which has pushed up the currencies of these Asian countries, some central banks have room to lower interest rates and implement loose policies to support economic growth.
Southeast Asian stock markets are strong! Global capital continues to pour in, how to seize this wave of market trends?
After experiencing the 'Black Monday' on August 5th, major stock indices in the Asia-Pacific region rebounded significantly, with Southeast Asian stock markets performing particularly well. Southeast Asian stock markets have consolidated their position as the most favored investment symbol for fund managers during the shifting policy of the Federal Reserve.
Hong Kong stock opportunity tracking | Taobao officially integrates WeChat Pay; China Longyuan Renewable Energy's power generation from wind power is expected to increase by more than 90% this year.
China Resources Land's sales exceeded 150 billion yuan in the first 8 months; China Eastern Airlines' H shares received cumulative shareholding of over 0.1 billion shares from the controlling shareholder; OpenAI has released an AI model with reasoning capabilities.
The third "国十条" of the insurance industry has activated the trillion-dollar retirement financial market. The direction of the development of the three-pillar retirement insurance has been determined!
① Vigorously develop commercial insurance annuities to meet the diversified retirement protection and long-term financial planning needs of the public; ② Encourage the development of new products and exclusive products that adapt to the individual pension system; ③ Support pension insurance companies in conducting commercial pension business and promote the development of exclusive commercial retirement insurance.
Express News | The State Council issued the "Opinions on Strengthening Supervision, Preventing Risks, and Promoting the High-Quality Development of the Insurance Industry."
Express News | The FTSE Straits Times Index opened 0.15% higher, and the Singapore Exchange rose nearly 3%.
Hong Kong stock opportunities tracking | Alibaba's first day of inclusion in the Hong Kong Stock Connect saw a surge in trading volume of over 10 billion yuan; BYD has recently seen multiple executives increase their shareholding.
The European Union is considering lowering the proposed tariffs on electric vehicles from China; Sino-Ocean Group announced progress in debt restructuring.
Express News | The Straits Times Index opened 0.34% higher, with Singtel and Hongkong Land Holdings rising more than 1%.
Stock opportunities tracking | 33 stocks including Alibaba officially included in stocks connect today, guotai junan i will resume trading today
Longfor Group (00960.HK): Accumulated contract sales of 65.14 billion yuan in the first 8 months, with sales of 6.51 billion yuan in August; China Jinmao (00817.HK): Accumulated contract sales of 56.396 billion yuan in the first 8 months, with sales of 6.196 billion yuan in August; Tencent (00700.HK): Invested 1.003 billion Hong Kong dollars to repurchase 2.72 million shares, with a repurchase price range of 365.4-371.2 Hong Kong dollars.
Hong Kong stock opportunity tracking | Hong Kong Exchange may suspend trading all day today; "Carrier-level" broker is coming! GTJA and Haitong Sec will merge and reorganize.
Nio Inc: In the second quarter, revenue increased by 98.9% year-on-year, and the loss narrowed significantly by 16.7% year-on-year; Greentown China's sales in the first 8 months exceeded 160 billion yuan; SHK PPT's profit dropped by approximately 20% in the last fiscal year.
Head insurance asset management profit remained stable with slight increase in the first half of the year, but the industry is generally concerned about increased pressure in the second half of the year. "Stocks and bonds both face challenges."
① According to multiple insiders in the insurance asset management industry, the investment performance of various institutions in the bond market improved in the first half of the year. However, the subsequent challenges of the stock and bond markets will test the investment capabilities of these institutions. ② Some industry experts pointed out that currently, it is difficult to invest in non-standard (products). The latest data shows that the business of innovative products in insurance asset management contracted in the first half of the year, and the issuance of non-standard bond rights is still in a downward trend.
Hong Kong stock opportunities tracking | The expectations of a Fed rate cut are becoming stronger! Institutions say it may help attract inflows into the Hong Kong stock market; The "Xiaopeng Series" flying autos are here, with a price of no more than 2 mi
china shenhua energy's two subsidiaries have obtained approval for two projects involving over 26 billion yuan; Shenergy Group: about 0.37 billion shares were forced to be sold, and it will resume trading on September 4th.
The hottest insurance stock in the Hong Kong stock market has soared 70% this year! The sector is regaining momentum, could it shake off the bearish reputation?
So far this year, in the relatively flat market in Hong Kong, insurance stocks can be said to have "stood out". In terms of annual growth rate, China reinsurance rose by over 70%, China Taiping rose by over 50%, picc group and China pacific insurance also rose by over 30%.
Hong Kong stock opportunities tracking | Great Wall Motor's mid-term profit increased by over 400% year-on-year; Alibaba spent nearly $80 million to repurchase shares.
Semiconductor Manufacturing International Corporation: The revenue for the first half of the year is approximately $3.6515 billion, a year-on-year increase of 20.8%. CM Bank's revenue for the first half of the year is 172.922 billion yuan, a year-on-year decrease of 3.11%. The renminbi has continued to rise, wiping out all the decline this year.
Hong Kong stock opportunity tracking | Meituan's adjusted net profit in Q2 increased by 77.6% year-on-year, and plans to repurchase shares worth no more than 1 billion US dollars; BYD's net profit in the first half of the year increased by 24.14% year-on-
li auto inc's revenue in the first half of the year was 57.312 billion yuan, a year-on-year increase of 20.81%; china citic bank corporation's operating income in the first half of the year was 108.64 billion yuan, a year-on-year increase of 2.60%.
Hong Kong stock opportunities tracking | The dual-primary listing of Alibaba-W on the Hong Kong Stock Exchange will take effect today; JD.com announced a $5 billion share buyback plan.
Anta's revenue in the first half of the year increased by 13.8% year-on-year, planning to spend billions of Hong Kong dollars for buybacks; Haidilao's revenue in the first half of the year was approximately 21.491 billion yuan, a year-on-year increase of 13.79%; Five departments issued a joint notice to improve the policy of duty-free shops in the city.
Hong Kong stock opportunities tracking | Ctrip's second-quarter net profit was 3.833 billion yuan, a year-on-year increase of over 507%; Beigene's first-half revenue was 1.681 billion US dollars, a year-on-year growth of about 61%
Several banks in Hong Kong have lowered the interest rates on Hong Kong dollar deposits; members of the Federal Open Market Committee (FOMC) stated that the time to cut interest rates has come, and it is hard to imagine any surprises at the September meeting.
Hong Kong stock opportunities tracking: Zijin Mining Group's net income in the first half of the year exceeded 15 billion yuan, a year-on-year increase of more than 46%; Zhaojin Mining's net income in the first half of the year increased more than twice.
HKEX relaxes the market cap threshold for listing special technology companies; Financial Secretary Paul Chan: Still need to carefully assess the impact of the decline in US interest rates, etc.
Hong Kong Stock Opportunity Tracking | Alibaba: Voluntarily converted to dual primary listings on the Hong Kong Stock Exchange; Baidu's subsidiary, Luobo Kuaipao, received approximately 0.899 million orders for Q2 autonomous driving, a 26% year-on-year in
Innovative products are emerging frequently, and the application of humanoid robots is accelerating.