CI-CCB @EP2612A

CT IND GROUP

KEEN OCEAN

EPI (HOLDINGS)

MOBI DEV

MS CONCEPT

NANFANG COMM

CCOE

HK ENT INTL

IDT INT'L

PUTIAN COMM

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Hong Kong stocks experienced a collective pullback today, with the three major indices retreating after reaching highs. The Hang Seng Index closed down 1.44%, and the Hang Seng Tech Index plummeted 2.87%. On the market, tech stocks and retail stocks showed weakness, with significant declines in heavyweight stocks like Alibaba and Kuaishou; bank stocks exhibited mixed performance, with HSBC Holdings rising 1.61% against the trend, supporting the market. Funds have not completely withdrawn, as the telecommunications equipment sector was in demand, with NANFANG COMM and MOBI DEV seeing significant price increases. On the macro front, the market is closely monitoring economic data from early 2026 to assess the sustainability of the recovery

- Hong Kong stocks experienced a collective pullback today, with the Hang Seng Index dropping 1.44% to close at 26,381.02 points after recent highs.  
- The Hang Seng Tech Index fell 2.87%, indicating significant profit-taking, while retail and internet sectors also showed declines amid a subdued market mood.  
- Investors are focusing on macroeconomic signals for early 2026, watching GDP growth and inflation rates to assess economic recovery and stock valuation trends.

Market Heartbeat

HSBC HOLDINGS

JD-SW

BABA-W

MNSO

TENCENT

KUAISHOU-W

BIDU-SW

ICBC

KPM HOLDING

KraneShares 2x Long BABA Daily ETF

Alibaba

Hang Seng Index

ISHARESHSI

Hong Kong Stock Market Closing | The Hang Seng Index fell by 1.44%, the Tech Index plummeted by 2.87%, Alibaba's decline exceeded 3%, and NANFANG COMM surged over 42%

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CICHY

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China Construction Bank and China Taiping Insurance Group held a working meeting, and the chairmen of both sides reached a consensus on deepening business cooperation. Zhang Jinliang stated that they will expand cooperation in areas such as insurance agency, asset custody, and corporate annuities, and innovate cooperation mechanisms. Yin Zhaojun hopes to increase cooperation in strategic investment, wealth management, and other areas based on traditional business, promoting high-quality development of bank-insurance integration

AASTOCKS

Huaan CSI Banks ETF

WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

ChinaAMC CSI Banks ETF

Hwabao WP CSI Banks ETF

China Construction Bank

CHINA TAIPING

CCB and CHINA TAIPING deepen business cooperation comprehensively

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Justin posted yesterday on:China calls on banks to reduce US Treasuries exposure amid "market volatility" - reportI added a little more:ICYMI bombshell: China tells banks to curb US Treasury exposure, “sell-America” nervesChina is letting the yuan rise at the same time.

Investinglive

CEB Bank

China Southern CSI Banks ETF

Bank Of Communications

CEB BANK

BANK OF CHINA

Bank Of China

BANKCOMM

China's onshore yuan, CNY, hits its highest since 10 May 2023

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Today, the three major indices of A-shares opened lower and continued to decline, with the Shanghai Composite Index falling 1% to 4,059 points, the Shenzhen Component Index down 1.8%, and the ChiNext Index down 1.9%. Domestic bank stocks rose against the trend, with Industrial and Commercial Bank of China and China Construction Bank increasing by 0.7% and 1.2%, respectively. Oil and gold stocks generally fell, with the three major oil companies and gold-related stocks declining between 1.1% and 6.8%. The central parity rate of the RMB against the USD was adjusted to 6.9570. Today, the People's Bank of China conducted reverse repurchase operations, with a net injection of 64.5 billion yuan

ZHONGJIN GOLD

SD-GOLD

The three major A-share indices of Shanghai and Shenzhen fell by 1% to 1.9% in the first half of the day, with oil and gold stocks showing weakness, while domestic bank stocks rose against the trend

IDCBY

BACHY

ACGBY

UBS released a research report, stating that China will issue approximately 500 billion yuan of special government bonds to supplement the capital of ICBC, ABC, and large insurance companies. The capital injection plan is expected to be announced as early as the first quarter, which may lead to bank dividend distributions being advanced to late April and early May. UBS expects that the core Tier 1 capital adequacy ratio of ICBC and ABC will improve, but after the capital injection, ABC's core Tier 1 capital adequacy ratio will still be below 12%. The capital injection will dilute the earnings per share and dividends per share of the two banks by approximately 4% and 8%, respectively

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

Bank of China

Agricultural Bank of China

UBS: Constructive view on domestic banks with over 5% dividend yield, prefers ICBC, CCB, XCB, and BOC

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Goldman Sachs released its latest investment ratings and target prices for Chinese bank stocks. The specifics are as follows: ICBC is rated Neutral with a target price of 5.8 yuan; Bank of China is rated Buy with a target price of 4.94 yuan; China Construction Bank is rated Buy with a target price of 8.33 yuan; Agricultural Bank of China is rated Neutral with a target price of 4.95 yuan; Bank of Communications is rated Sell with a target price of 5.8 yuan; Postal Savings Bank of China is rated Buy with a target price of 6.04 yuan; China Merchants Bank is rated Buy with a target price of 52.96 yuan

China Merchants Bank

PSBC

CM BANK

Goldman Sachs' Investment Ratings and Target Prices for Chinese Bank Stocks (Table)

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GBOOY

As global markets face volatility, investors are focusing on dividend stocks for stability and income. The top 10 global dividend stocks include Yeni Gimat Gayrimenkul Yatirim Ortakligi (5.10%), Yamato Kogyo (3.60%), and Grupo Financiero Banorte (6.6%). Notably, China Construction Bank offers a 5.4% yield with a low payout ratio, while Heilongjiang Agriculture has a 3.26% yield but an unstable dividend history. These stocks are being monitored closely as potential safe havens amidst market fluctuations.

Simplywall

Yamato Kogyo Co., Ltd.

Grupo Financiero Banorte, S.A.B. de C.V.

Global Dividend Stocks To Watch In January 2026

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The Hang Seng Index closed at 27,968 points, up 141 points or 0.5%. The Hang Seng Tech Index reported 5,841 points, down 59 points or 1.0%. The total market turnover was HKD 331.994 billion. Among the actively traded blue-chip stocks, Ping An rose 3.3% to a new high, while the stock prices of CCB, Hong Kong Stock Exchange, XIAOMI, TENCENT, and others increased to varying degrees; Alibaba slightly fell by 0.1%. XINYI GLASS, ZIJIN MINING, and other individual stocks performed outstandingly with active trading

FL2 CSOP HSI

ChinaAMC Hang Seng Technology ETF(QDII)

ISHARESHSTECH

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Tianhong Hang Seng TECH ETF(QDII)

XIAOMI-W

Ping An

CSOP HS TECH

XINYI GLASS

ZIJIN MINING

According to the "All-Day Express," the Hang Seng Index closed at 27,968 points, up 141 points; the Hang Seng Tech Index closed at 5,841 points, down 59 points. Ping An rose over 3%, and Ping An, Xinyi Glass, Zijin Mining, AIA, and WH Group reached new highs with active trading

China Construction Bank Corporation has appointed Mr. Tang Shuo as executive vice president, with the board of directors approving the decision. Mr. Tang has officially taken office.

Reuters

China Construction Bank Appoints Tang Shuo as Executive Vice President

China Construction Bank Corporation has appointed Mr. Shi Jian as a non-executive director, a decision approved at the bank’s extraordinary shareholders’ meeting in 2025. This announcement was published via the Issuer Information Service of the Hong Kong Stock Exchange.

China Construction Bank Appoints Shi Jian as Non-Executive Director

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China Construction Bank Corporation has submitted an updated director list to the Hong Kong Stock Exchange. The Board is chaired by Zhang Jinliang, with Zhang Yi as vice chairman and president. Key executives include Ji Zhihong as executive vice president and several non-executive and independent directors overseeing various committees such as Strategy Development, Audit, and Risk Management. This update is part of the bank's compliance with HKEX regulations.

HKEX

China Construction Bank Files Director List with HKEX

CI-CCB @EP2612A(25325.HK)

Hong Kong Stock Market Closing | The Hang Seng Index fell by 1.44%, the Tech Index plummeted by 2.87%, Alibaba's decline exceeded 3%, and NANFANG COMM surged over 42%

CCB and CHINA TAIPING deepen business cooperation comprehensively

China's onshore yuan, CNY, hits its highest since 10 May 2023

The three major A-share indices of Shanghai and Shenzhen fell by 1% to 1.9% in the first half of the day, with oil and gold stocks showing weakness, while domestic bank stocks rose against the trend

UBS: Constructive view on domestic banks with over 5% dividend yield, prefers ICBC, CCB, XCB, and BOC