Massive purchases of 100 billion dollars! Investors from China have entered in record numbers...
Investors from mainland China have bought Hong Kong Stocks with a record amount, increasing their investment in the Hong Kong market against the backdrop of a weakening yuan and the recovery of risk Assets.
Asia-Pacific Markets Surges Mirroring Global Markets as Holiday-shortened Christmas Week Begins
After long-term bonds fell below 2%, insurance funds shifted towards equity assets, with high dividend and high ROE being the top choices.
Recently, the yield on 30-year government bonds has fallen below 2.0%. Guosen believes that the central tendency of long-term bond rates continues to decline, and the pressure on investment income from insurance funds is further increasing. Since the beginning of this year, companies represented by Great Wall Life, China Pacific Insurance, and Ruizhong Life have been increasing their stakes in high-quality listed companies, mainly concentrated in industries such as utilities, transportation, and Banks, which have high dividend yields and relatively stable ROE levels.
Daily Bull and Bear | The Hang Seng Index night futures rose by over 1% last Friday! Inflow of 18 million Hong Kong dollars for good positions; affected by chip rumors, Semiconductor Manufacturing International Corporation rose by over 8%, and a subscript
By the close, the market turnover was 178.5 billion Hong Kong dollars, with a total turnover of all callable bull/bear contracts at 10.7 billion Hong Kong dollars, accounting for 6.0% of the market turnover, of which the good positions accounted for 3.5% and the short positions accounted for 2.5%. In addition, the net Inflow of all callable bull/bear contracts was 0.128 billion Hong Kong dollars.
Three insurance companies have been approved to issue bonds worth 39 billion. Insurance companies have replenished a total of 117.5 billion yuan this year, slightly exceeding last year's total.
① On the same day, the Financial Regulatory Bureau disclosed that the perpetual bonds or capital supplement bonds issued by Ping An Life, China Postal Insurance, and China United Property Insurance have been approved, with a cumulative approved issuance scale not exceeding 39 billion yuan; ② The demand for "blood replenishment" in the Insurance Industry remains significant within the year. As of December 20, the cumulative issuance scale of capital supplement bonds and perpetual bonds by Insurance Institutions has reached 117.5 billion yuan, slightly higher than the total for last year.
In order to respond to the "intense battle" next year? At the end of the year, many Banks are making intensive adjustments to their Business structure, and the special mechanism for the "five major articles" is gradually being established.
① First, merging the functions of the head office departments clearly indicates a reduction in costs and an increase in efficiency; second, a special department dedicated to the five major articles is being established. ② Retailing Crediting may become one of the focal points for Banks next year. ③ It is expected that the special institutions for the five major articles will be established gradually, as each one matures.
Asia Markets Mixed as Investors Assess China Rate Decision; Eyes on PCE Inflation Data
The LPR Quote for December has been released! The 1-year and 5-year rates remain unchanged.
More news, continuously updating.
IShares MSCI Hong Kong ETF Declares $0.3445 Dividend
Hong Kong Stock Exchange: Consulting market opinions on suggestions for optimizing IPO market pricing and the public market.
The consultation period lasts for three months and will end on March 19, 2025 (Wednesday).
Asia Markets in Red Tracking Wall Street Sell-off Amid Hawkish Fed Stance; BOJ Keeps Rate on Hold
Daily Bull and Bear | A significant Outflow of 45 million Hong Kong dollars from the Hang Seng Index's long positions, with a notable increase in bulls and heavy shorts at the 20,100 point level; Xiaomi leads the Network Technology stocks in a rebound, wi
As of the market close, the total market turnover was 107.5 billion HKD, with all warrants and callable bull/bear contracts totaling 9.5 billion HKD, accounting for 8.9% of the total market turnover, among which good positions accounted for 5.1% and short positions accounted for 3.7%. In addition, the net capital outflow from all warrants and callable bull/bear contracts was 0.453 billion HKD.
Yearly Review | The top ten repurchase kings of Hong Kong stocks in 2024 are announced! All Market repurchase total exceeds 250 billion Hong Kong dollars, with Tencent accounting for a "half of the market".
According to Wind data, as of December 17, 277 Hong Kong stocks have conducted buybacks this year, with a total buyback amount of 256.117 billion Hong Kong dollars, and 64 individual stocks have a cumulative buyback amount exceeding 0.1 billion Hong Kong dollars this year.
Interest rates can reach 3%! Small and medium-sized Banks have densely launched high-interest products such as large-denomination certificates of deposit and special deposits. How will the pressure for short-term deposit strategies be relieved in the futu
① Some small and medium-sized Banks have engaged in such behavior, which somewhat contradicts the current downward trend of deposit interest rates, possibly being a short-term strategy taken to meet the funding Indicators in the short term. ② The overall trend of deposit interest rates may continue to decline in the future, and the recent rapid decline in bond market interest rates may also face some adjustments.
Encouraging to "seize the opportunities of moderately loose MMF policy," many local officials are intensively researching local Banks at the end of the year, is a good start for next year to be expected.
① In discussions with local officials, frequently mentioned keywords include comprehensive, accelerated, risk, and servicing the local economy. ② For Financial Institutions, "the moderately loose monetary policy from the central government brings opportunities while also posing challenges." ③ If some mechanisms for due diligence exemption can be provided, it is expected to ease the lending pressure on Banks.
Asia Markets Mostly Lower Mirroring Wall Street's Losses; Investors Assess Japan's Trade Data
The Hong Kong Stock Exchange has implemented a reduction in the minimum change in price for Stocks in the Hong Kong securities market, thereby improving overall Trade costs and enhancing liquidity.
HKEX (Hong Kong Exchanges and Clearing Limited) published a consultation summary today (Tuesday, December 17) on the proposed reduction of the minimum price fluctuation for Stocks in the Hong Kong securities market.
Meridians: It is expected that MMI still has room for decline, which will have a positive effect on the Hong Kong property market.
In November 2024, the Mortgage Interest Rate Index (MMI) was reported at 3.78%, a decrease of 12 basis points from the previous month, marking a decline for six consecutive months and reaching a new low in 14 months.
Asia-Pacific Markets Trade Mixed Ahead of Central Bank Meetings
Daily Bull and Bear | Has the volume of bullish stocks increased significantly for a rebound? The Hong Kong stock market has been declining for several days, and good positions have seen net Inflow for two consecutive days; JPMorgan: Macau Casino stocks m
On Monday, Hong Kong stocks continued to show a sluggish trend, with the Hang Seng Index closing down 0.88% at 19,795 points, reaching a high of 20,049 and a low of 19,726 during the day. In the evening, the Hang Seng Index Futures closed at 19,755 points, down 66 points or 0.33%, with a discount of 40 points.