HK Stock Market Move | Morning rebound for domestic bank stocks, continued progress in mid-term dividends for listed banks, overall earlier timing for mid-year dividends this year.

In the morning session, Chinese bank stocks rebounded. As of press time, China Minsheng Banking Corp., Ltd. (01988) rose 3.56% to HK$4.36; Postal Savings Bank Of China (01658) rose 2.88% to HK$5.71; Bank Of China (03988) rose 2.36% to HK$4.77; China Construction Bank Corporation (00939) rose 1.85% to HK$8.28. On the news front, according to Wind data, as of November 19, 13 out of 42 listed banks have completed or entered the implementation stage of mid-term dividends, while another 13 banks have announced dividend plans, with a total dividend amount of 263.79 billion yuan. At the same time, 6 listed banks' mid-term dividend matters have been approved by the annual general meeting of shareholders and are waiting for the board to announce specific plans. Industrial pointed out that the mid-term dividend plans of listed banks are gradually being implemented. In terms of dividend timing, this year's mid-term dividends are overall earlier. Among the announcements of the four major banks' mid-term dividends, the A-share ex-dividend dates have all been moved up to mid-December 2025, while the H-share ex-dividend dates are in late January 2026. With the gradual progress of mid-term dividend work for listed banks, funds that focus on dividends may increase their investment in bank stocks, driving the recovery of the sector's valuation.