No Data
Express News | The Central Bank of Argentina stated that it has arranged a repurchase agreement with international Banks to increase tools for managing Forex reserves.
Express News | Macau International Bank's capital increase has been approved, and Xiamen International Investment's shareholding ratio has risen to 54.35%.
With 71% Ownership of the Shares, International Bancshares Corporation (NASDAQ:IBOC) Is Heavily Dominated by Institutional Owners
CICC: The market still needs to price in a "shallow rate cut + soft landing" cycle. Next year, STANCHART is the preferred choice for Hong Kong banks.
CICC released a research report stating that as of yesterday (30th), the Hong Kong Based Banks and the Hang Seng Index covered by the bank recorded increases of 31% and 18% respectively this year, with Hong Kong banks outperforming the market for the fourth consecutive year. CICC believes that compared to interest rate trends, macroeconomic expectations and the banks' own performance are the main factors influencing stock prices, and therefore one should not invest in Hong Kong banks with the rigid thinking of 'interest rate hikes are beneficial for banks, and interest rate cuts are detrimental to banks.' The bank stated that Banks are a cyclical Industry, thus during a rate cut cycle driven by improved macroeconomic expectations, Hong Kong bank stock prices often outperform, with different Banks showing distinct performances in this cycle.
International Bancshares' (NASDAQ:IBOC) Three-year Total Shareholder Returns Outpace the Underlying Earnings Growth
Express News | WeChat Pay: Further support for Overseas wallets to provide payment services in China.