In the first week of September, China Construction Bank Corporation issued 35 transfer information of non-performing loans, involving an amount exceeding 2.8 billion! Industry insiders believe that the pressure of risk exposure in the retail end of banks
①In the first week of September, China Construction Bank released 35 pieces of information on the transfer of non-performing loans in the silver registration center, involving a total of 2.818 billion yuan in unpaid principal and interest, of which 34 are individual consumer or operational non-performing loan transfer projects. ②In the eyes of industry insiders, the overall risk pressure on the retail side of the entire industry is relatively high, and the industry will still maintain a high level of disposal of non-performing assets in the second half of the year.
Futu Morning News | Fed officials' dovish tone: Economic data support multiple rate cuts; Tesla's two-day cumulative increase of 9%! FSD is expected to be launched in China and Europe next year.
On the eve of the release of the key employment report in the USA, the ADP non-farm payrolls reached the lowest level since January 2021, while initial claims remain stable. Yellen: The labor market in the USA is still robust and continues to create employment opportunities. The Federal Reserve should not delay any longer! Economists at Morgan Stanley have changed their stance: there must be a major move in September.
Late night heavyweight, the 'aircraft carrier-level' brokerage is here! gtja, haitong sec merger and reorganization.
On the evening of September 5th, Guotai Junan announced that the company is planning to absorb and merge Haitong Securities by issuing A-shares to all A-shareholders of Haitong Securities and H-shares to all H-shareholders of Haitong Securities, and also issue A-shares to raise supporting funds.
Zhongcheng Insurance's equity has changed, and Guangzhou Financial Holdings has become the third largest shareholder. After 13 years in operation, there are still nearly 0.4 billion unrecovered losses on the books. Can it make a comeback in the electric v
① By the end of 2023, Zhongcheng Insurance, which has been in operation for 13 years, still has an unrecouped loss of nearly 0.4 billion yuan. ② In the first half of 2024, Zhongcheng Insurance achieved a premium of 0.842 billion yuan for electric vehicle insurance, a year-on-year increase of 49%. ③ In the first half of the year, after deducting the impact of income tax expenses, the net income of Zhongcheng Insurance was -0.3191 million yuan.
Futu Morning News | The "arrow" of interest rate cuts is on the string! The hawkish voting committee suddenly released a dovish signal, and the market increased its bet on a 50 basis point interest rate cut; Tesla rose more than 4% against the market and
Fed Beige Book: More regional economic activity is stagnating, price pressures are stabilizing; Alleged to be facing antitrust investigation, Nvidia says it has not received a subpoena from the U.S. Department of Justice; C3.ai falls over 16% after hours, Q1 subscription revenue for fiscal year 2025 falls short of expectations.
Three main reasons to be bullish on gold? Goldman Sachs: Gold prices will reach $2,700 in early next year!
Gold prices are most likely to rise among commodities, according to Goldman Sachs analyst Stephen Quinn in a report titled "Go for Gold", with a target price of $2700 per ounce expected to be reached by early 2025.