Last week, a fan asked me on the forum: Gu, do you think Ping An Group will increase its stake in China Merchants Bank? I noticed that Ping An has bought A shares of Agricultural Bank of China and Postal Savings Bank, so there's no reason for it not

Today, I would like to share my views. I understand the starting point of the fan's question, which mainly comes from two recent news: one is Ping An Group's re-purchase of H shares of China Merchants Bank on the Hong Kong Stock Exchange, and the oth

According to the latest information disclosed by the Hong Kong Exchange and Clearing (HKEX), Ping An Life increased its holding of H shares in China Merchants Bank by 6.6535 million shares on October 24th. After the increase, Ping An Life's holding o

This is the second time that Ping An has disclosed an increase in its holding of Hong Kong shares of China Merchants Bank in October. The previous disclosure was on October 10th, when Ping An Life increased its H shares in the bank by 2.989 million s

In just 10 trading days, Ping An of China increased its holdings of China Merchants Bank Hong Kong shares by 46 million shares. Based on the trend of China Merchants Bank Hong Kong shares during that period, the estimated cost of the increase in hold

In the first half of this year, Ping An of China significantly increased its holdings of Hong Kong shares of China Merchants Bank. On January 10th, Ping An of China first crossed the 5% threshold for acquiring shares in the bank, reaching a 16% owner

At that time, more than one fan asked me why Ping An only bought Hong Kong stocks instead of A shares of China Merchants Bank. It was obvious that A shares of China Merchants Bank were cheaper than Hong Kong stocks. My unified response was: how do yo

With the disclosure of the third-quarter reports, my statement has been partially confirmed. In the third-quarter reports of Agricultural Bank of China (ABC) and Postal Savings Bank of China (PSC), Ping An Insurance Company of China appeared on the l

Similar to Agricultural Bank of China, the situation of Postal Savings Bank of China is also noteworthy. In the third quarter report, Ping An Life of China retained a top ten position as the fifth largest shareholder with a holding of 2.382 billion s

The presence of Ping An Insurance Company of China in the top ten shareholder lists of Agricultural Bank of China and Postal Savings Bank in its third-quarter reports can indirectly illustrate three things: 1. Ping An is not only invested in Hong Kon

In the past, people often asked why Ping An only bought domestic banking stocks in Hong Kong. At that time, some explained that domestic banking stocks in Hong Kong had lower valuation and higher dividend rates. It seems to be true on the surface tha

Looking at the dividend perspective, currently the dividend rate of Agricultural Bank of China is only around 3%, far lower than most other bank stocks, such as China Merchants Bank and Industrial Bank with a dividend rate of around 4.5%. If the sole

In my personal understanding, Ping An's large purchase of Agricultural Bank of China's A shares is related to the revaluation of state-owned assets, rather than simply considering dividends. As mentioned multiple times in previous columns, the revalu

The order of operating stocks, starting with Hong Kong and then A-shares, is likely related to the characteristics of the two markets. The Hong Kong market is a relatively mature institutional market, where institutions play a major role in game. Due

Due to the small number of liquid stocks in Hong Kong's stock market, institutional games are more intense and information disclosure is more transparent. Therefore, Ping An needs to gradually increase its holdings of domestic banking stocks steadily

Therefore, I believe that Ping An's increase in bank shares is part of promoting the revaluation of state-owned assets or following the trend. Given the characteristics of different markets, it has adopted a strategy of first holding Hong Kong shares

In addition, we can observe that both Agricultural Bank of China and Postal Savings Bank showed stronger trends than the sector in October. Agricultural Bank of China even showed a strong 14-day rising streak starting from late September. Obviously,

There is a significant difference between the situation of China Merchants Bank and that of Agricultural Bank of China and Postal Savings Bank of China. Before Ping An became one of the top ten shareholders of China Merchants Bank, its holdings would

According to the Securities Law, when an investor holds 5% of the issued shares of a listed company, they must submit a written report to the securities regulatory agency of the State Council and the stock exchange and make an announcement within 3 d

Based on China Ping An's holding of shares in mainland banks listed in Hong Kong, it holds the largest stake in ICBC, followed by China Merchants Bank. According to relevant Chinese laws and regulations, commercial banks are only allowed to hold a ma

So, to answer the original question, could Ping An potentially increase its stake in China Merchants Bank? My answer is there is a certain probability. If Ping An does increase its stake in China Merchants Bank in the future, most likely within 2 tra

@Today's Topic @Creator Center China Merchants Bank (SH600036) Ping An Insurance (SH601318)