Previous close | 0.5850 |
Open | 0.5850 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 0.5850 - 0.5850 |
52-week range | 0.4630 - 0.6400 |
Volume | |
Avg. volume | 7 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The Hong Kong market has recently been experiencing some turbulence, with the Hang Seng Index ending nearly flat last week due to concerns about a slowing recovery. Amid these uncertain times, dividend stocks can provide a steady income stream for investors. Given the current market conditions, it is crucial to consider stocks with strong fundamentals and consistent dividend payouts. This can offer a degree of stability and potential for long-term growth in an otherwise volatile environment.
China International Capital Corp (CICC), one of China's biggest investment banks, said Wu Bo has stepped down as president less than half a year after taking office. CICC also said in a filing with the Hong Kong stock exchange on Wednesday that, effective immediately, 46-year-old Wu would no longer serve as chief financial officer or member of the management committee due to "work changes". China's oldest investment bank said the duties of president will be undertaken by Chairman Chen Liang, who joined CICC from smaller peer China Galaxy Securities late last year, and those of CFO will be handled by management committee member and CICC veteran Xu Yicheng.
Singapore's giant state investment firm Temasek Holdings is "still excited about the China market", a senior executive said, even as investing in the world's No.2 economy has become more challenging amid a slowdown and tension with the West. Speaking at the Milken Institute Asia Summit in Singapore on Wednesday, Temasek's head of China, Yibing Wu, said he sees attractive opportunities in China in areas such as advanced manufacturing and energy transition.