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Kokopelli --- Year-to-date high, continuing to regard the announcement of the Overseas Business matching platform as material.
Year-to-date high. The press conference for the overseas Business matching platform "BIG ADVANCE GLOBAL" held on the 24th continues to be seen as a Buy factor. This platform is scheduled to start service in June, enabling Japanese companies and overseas companies to expand sales channels and develop new suppliers. The initial target country is Thailand, with the Small and Medium Enterprises Promotion Office, 18 financial institutions providing services within Japan, and Mizuho Financial's subsidiary, Mizuho Silver.
Daily Bull and Bear | Hong Kong stocks have fluctuated for five consecutive Trading days, with the latest bull and bear street ratio of the Hang Seng Index at 56:44; Tencent saw an Inflow of over 10 million Hong Kong dollars, and the Hong Kong Stock Excha
As of yesterday's market close, the total market turnover was 117.658 billion Hong Kong dollars, with the combined turnover of all warrant bull and bear certificates at 15.234 billion Hong Kong dollars, accounting for 8.6% of the total market turnover, of which good positions accounted for 5% and short positions accounted for 3.6%. The net Outflow of all warrants was 0.528 billion Hong Kong dollars.
Multiple state-owned major banks announced on the same day: the supervisory board will be abolished.
On April 29, Industrial And Commercial Bank Of China, Agricultural Bank Of China, Bank Of China, China Construction Bank Corporation, Bank Of Communications, and CM BANK all issued announcements stating their intention to abolish the board of supervisors. The announcement from Industrial And Commercial Bank Of China indicates that the proposals related to the abolition of the board of supervisors need to be submitted for approval at the shareholders' meeting and reported to the National Financial Supervision Administration for approval.
China Construction Bank Corporation: In the first quarter of 2025, Net income slightly decreased by 3.64%, with Technology finance and green development becoming the highlights.
China Construction Bank Corporation's performance analysis for the first quarter of 2025: faced a slight decline in profit under steady Operation, with financial Technology and green development as highlights. Key points in performance: Net income for the first quarter was 83.742 billion yuan, a year-on-year decrease of 3.64%; Net income attributable to Shareholders was 83.351 billion yuan, a year-on-year decrease of 3.99%. Asset scale: Total assets reached 42.79 trillion yuan, an increase of 5.48% compared to the end of last year; Total loans were 27.02 trillion yuan, an increase of 4.55%. Asset quality: Non-performing loan rate was 1.33%, a decrease of 0.01 percentage points compared to the end of the year; Provision coverage ratio was 236.81%, an increase of 3.21 percentage points.
China Construction Bank Corporation: Q1 Net income of 83.35 billion yuan, total Assets increased by 5.48%, and the non-performing loan rate decreased to 1.33%.
China Construction Bank Corporation's Q1 Net income is 83.35 billion yuan: total Assets increased by 5.48%, and the non-performing loan ratio decreased to 1.33%. Key highlights of the performance overview:...
HSBC's performance exceeded expectations, initiating a $3 billion buyback, and the stock price is rising again, aiming to test higher levels.
HSBC Holdings (0005.HK) announced today its financial report for the first quarter of 2025, recording a pre-tax profit of 9.48 billion USD, a 25% decrease compared to the same period last year, but better than market expectations. The Board of Directors declared a quarterly dividend of 10 cents per share and plans to initiate a share buyback program of up to 3 billion USD, expected to commence after the annual general meeting of shareholders on May 2 and to be completed before the mid-2025 financial results are announced. The Hong Kong stock market exhibited mixed performance today, but HSBC managed to rise, increasing over 2% as of 1:45 PM. In the midst of a turbulent global trade environment, the market is particularly focused on HSBC's net interest income in the banking sector.