|Bid||0.00 x 900|
|Ask||0.00 x 2200|
|Day's range||5.06 - 5.20|
|52-week range||3.05 - 5.31|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||18.44|
|Forward dividend & yield||0.27 (5.24%)|
|Ex-dividend date||26 Sep 2019|
|1y target est||5.12|
For a quarter of a century, China’s financial regulators have been fighting over whether to give global investment banks full access to their closely guarded markets. Then just days later, the central bank issued a seemingly contradictory statement that Chinese financial institutions were “completely capable of coping with foreign competition”. At least part of the argument should be settled in 2020, when some of the world’s top investment banks are expected to capitalise on a recent relaxation of the rules and take full ownership of their securities businesses in China.
In sync with Goldman Sachs' (GS) efforts to gain majority control in the joint venture and improve profitability, the bank announces plans to increase workforce in China.
TD Ameritrade (AMTD) appears to be a promising bet riding on robust prospects and long-term growth opportunities. However, expenses witness a rise.
Following the approval, T. Rowe Price (TROW) will be able to offer active strategies without the need to disclose certain information that might be harmful to the interests of fund shareholders.
BlackRock (BLK) is in preliminary talks with Tencent over the past year to develop a partnership in an effort to expand in the China mutual fund market.
Goldman (GS) might acquire a majority stake of 51% holding in its Chinese investment banking joint venture, Goldman Sachs Gao Hua Securities Co.
Sep.18 -- Yoshikazu Yonenaga and Noritaka Ochiai, co-chief executive officers of Line Securities Corp., Nomura Holdings Inc.’s new online brokerage venture with mobile messaging provider Line, talk about the prospects and strategy for the business.