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| Tuesday, 31 March 2015, 20:21 HKT/SGT | |
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HONG KONG, Mar 31, 2015 - (ACN Newswire) - According to the enclosure of interest information from HKEX, HK Stock market institutional investors are focusing on bank, insurance, brokers, environmental and capital constructions for their recent trading. What should be paid more attention, according to an industrial related source, Bank of Chongqing obtained increased H share holdings from State Street Investment.
Bank of Chongqing has released their 2014 annual result on March 23, 2015. The Bank recorded a net profit of RMB2,827.14 million in 2014, representing an increase of 21.4% year-on-year, The Board of the Bank proposed a cash dividend of RMB0.272 per share (tax inclusive). According to an industrial related source, international famous Long-term value investors largely increased in H share holdings for Bank of Chongqing, with State Street Investment as the leading role.
Bank of Chongqing had an outstanding performance for their annual result since their IPO in H Share in 2013, gained full recognitions of majority of shareholders and international institutional investors with stable dividend policy as well as efficient and pragmatic operation management. During the one year after H share IPO, Bank of Chongqing obtained the new investment from AXA, Tokio Marine Asset Management, Vanguard Funds and ICBC Credit Suisse Asset Management etc. It reveals the continually favorable expectation from international capital market for Bank of Chongqing's investment value.
Topic: Press release summary
Sectors: Daily Finance
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