Hong Kong stocks in the afternoon the basic stability of Chinese banks

Source: Internet
Author: User
Keywords Bank Hong Kong Dollar Bank of communications
Tags bank of communications banking basic communications driving enterprise index market
See the latest quotes Hong Kong stock Market 22nd afternoon, the basic stability of Chinese banks, China Merchants Bank rose 1.42%, traffic bank rose 0.48%, ICBC Rose 0.17%, mainly by the silver a A-share, in addition, brokers are generally optimistic about such stocks. The Hong Kong stock market narrowed down on the afternoon of January 22, with the Hang Seng index at 20,544.96, down 317.71 or 1.52%, and the state-owned enterprise indices 11,825, 91, 131.92 or 1.1%; the mainland bank A-shares rally, driving Hong Kong's domestic banking stocks to stabilize, China Merchants Bank ( 03968) is up 1.42%, reported to be HK $18.62, Bank of Communications (03328) rose 0.48%, HK $8.43, ICBC (01398) rose 0.17%, HK $5.73, Bank of China (03988) fell 0.52% to HK $3.85; Citic Bank (  00998) flat at HK $5.41, Construction Bank (00939) was flat at HK $6.12, Minsheng Bank (01988) fell 0.97% and reported HK $8.14. DBS only recommended investors to attract Chinese banking stocks low, because the bank believes that Chinese banking stocks will be in a multi-year boom, dbs ' positive view of domestic banking stocks is based on the view that China's policies will gradually normalize; adequate liquidity is structural; Asset inflation is a multi-year process.  The impact of financing will be moderate; austerity is good for net interest rates; Banks are the main beneficiaries of the appreciation of the renminbi and inflation expectations. But DBS said policy risks and financing concerns would drag down about 20% per cent of Chinese bank stocks from the October 09/November peak in the first half of 2010, down 10% from current levels (calculated from the closing price of Tuesday).  But DBS believes that once the threat has been eliminated or digested, the net weight of Chinese banks has picked up in the second half of the year 2010. In addition, Credit Suisse to maintain the domestic banking industry to increase the rating, refers to the past two weeks is half a year, the market for the worst sentiment in the silver period, but the domestic silver 2010 profit growth of 25% consensus is not too much disagreement, believe that the current austerity measures are only noise;
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