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69
Positive
119
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66
Opening 92 points, or 0.45%, lower this morning at 20,334, the HSI widened its losses afterward and broke below the 20,000- and 19,900-mark after midday, bottoming at 19,884. It last printed at 19,885, down 541 points or nearly 2.7%, with a turnover of $123.075 billion.After a 21% surge and suspension of treading on the previous...
Recommend
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Positive
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According to a Jefferies report, Chinese insurers achieved a strong rebound in 3Q on the back of rising sales and an active stock market. However, structural challenges remain unresolved, and the industry will face a significant challenge posed by a high base of new business value (NBV) and earnings next year.The broker currentl...
Recommend
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According to a report from CLSA, most Chinese insurers have announced their 3Q results, with which the broker noted that the 1-3Q earnings growth of insurers under its coverage ranged from 36% to 174%, mainly driven by investment income, aligning with expectations.In terms of core insurance performance, PICC GROUP (01339.HK), CH...
Recommend
33
Positive
53
Negative
22
Virtual banks were officially changed name to digital banks. According to Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), digital banks tracked a steady rise in the total number of customers, deposit amounts, loan amounts and operating income as of June 2024. Although none of the eight digital ban...
Recommend
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Positive
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Negative
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HKEX (00388.HK) launched weekly stock options today (4th), including HSBC HOLDINGS (00005.HK), HKEX (00388.HK), PING AN (02318.HK), TENCENT (00700.HK), BABA-W (09988.HK), MEITUAN-W (03690.HK), BYD COMPANY (01211.HK), JD-SW (09618.HK), BIDU-SW (09888.HK) and KUAISHOU-W (01024.HK). David Lutz, Senior Vice President of Equities Pro...
Recommend
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Positive
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Positive
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