CMBC(600016) 证券时报网·2025-01-01 23:47Core Viewpoint - New Hope Group has increased its stake in Minsheng Bank, making it the second-largest shareholder with a holding of 5.12% [1][3][11] Shareholding Details - After the recent increase, New Hope Group, through its subsidiaries, holds approximately 2.24 billion shares of Minsheng Bank, which represents a rise from the previous holding of 4.96% [1][3] - The largest shareholder remains Dajia Life Insurance with a 17.84% stake, holding a total of 7.81 billion shares [1][3] Recent Transactions - New Hope Chemical has been authorized to acquire up to 68 million shares of Minsheng Bank within six months from the approval date [2] - The company completed its acquisition plan ahead of schedule, having purchased a total of 68 million shares in five transactions, spending over 217 million HKD [8][11] Market Performance - As of December 31, 2024, Minsheng Bank's A-shares and H-shares have seen cumulative increases of 21% and 48%, respectively [4] - The A-share price closed at 4.13 CNY, with a price-to-book ratio of 0.33 [4] Industry Outlook - Several institutions have a positive outlook for the banking sector in 2025, emphasizing the attractiveness of low valuations and high dividends [5][10] - The report indicates that as the economy enters a recovery phase, the fundamental profitability of banks is expected to improve, leading to a valuation recovery [6][10]