Judging from the financial characteristics of the companies holding stakes, most of them have high dividend yields, high ROE, and good cash flow.
Last night, Goldman Sachs announced that it had upgraded the ratings of several Chinese bank stocks, including Agricultural Bank of China, Industrial and Commercial Bank of China, Bank of China and China Merchants Bank.
Another foreign giant institution also raised its rating of Chinese assets. HSBC strategists raised their rating on Hong Kong stocks from "neutral" to "overweight", noting that the Hang Seng China Enterprises Index is expected to rise 21% in 2025 and raised their year-end target for the index to 8,800 points from 8,610 points.
Data on northbound funds in the fourth quarter of 2024 showed lebanon telegram data that foreign capital purchases were mainly concentrated in non-bank financial, social services, real estate and other industries.
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REITs have become popular recently! The first REITs of the year attracted 129.3 billion yuan, with over 813 times of subscription.
On January 9, the announcement of the issuance results of Guotai Junan Jinan Energy Heating REIT showed that the number of fund shares effectively subscribed by public investors was 12.202 billion shares, which was 813.44 times the initial number of fund shares issued to the public, setting a new record for the subscription multiples of public REITs; the actual confirmation rate of effective subscription applications from public investors was only 0.12293446%, setting a new historical low.