Let’s pick one stock to divest.
China banks are perceived as safe investments by the international ibanks and commercial banks. These investors are in the same business (banking), so logically any weakness in China banks are more scrutinized by these sophisticated and informed (not insider) investors.ย These foreign institutions buy China bank shares at deep discounts to the trading price, and hold for years. As of 2010,
- Temasek owned 6% of CCB (China Construction Bank), 4.1% of BOC.
- GS owned 3.9% of ICBC
- collectively, foreign institutional investors owned 5.1% of ICBC, 18.6% of BoCom (Bank of Communications), 20% of CMB (China Merchant Bank)
— BACHY i.e. BOC i.e. B@China, 1@6 stated banks
- ๐ div maintained through 2020. CDY 8% higher than IDCBY. https://www.morningstar.com/stocks/pinx/bachy/dividends
- price trend? 12M falling
- small quantum
- ๐ Analyst no-sell. https://www.wsj.com/market-data/quotes/BACHY/research-ratings
— ACGBY i.e. ๅไธ้ถ่ก 1@6 stated banks
- div maintained through 2020. CDY 7% . https://www.morningstar.com/stocks/pinx/acgby/dividends
- price trend? 12M no trend
- small quantum
- ๐ analyst? positive. https://www.wsj.com/market-data/quotes/ACGBY/research-ratings
— CICHY i.e. CCB ๅปบ่ฎพ้ถ่ก 1@6 stated banks
- very small but positive return
- div maintained in 2020. CDY 5.5%.ย https://www.morningstar.com/stocks/pinx/cichy/dividends
- price trend? 12M no trend
- analysts positive.. https://www.wsj.com/market-data/quotes/CICHY/research-ratings
- ๐ small quantum
— IDCBY i.e. ICBC ๅทฅๅ 1@6 stated banks
- I paid $26 for 2 shares.
- div maintained through 2020. CDY 6% https://www.investing.com/equities/industrial-commercial-bank-of-china-dividends
- established $300B
- price trend OK
- no analysts, so buy up to $50
- .. if price go up after my first buy, then don’t buy more at higher price.
- t_divC because of political risk.
— BCMXY i.e. BoCom ไบค้้ถ่ก 1@6 stated banks.ย Not available on Rbh
— PSTVY i.e. ้ฎๆฟ้ถ่ก 1@6 stated banks. Not available on Rbh