Express News | CITIC SEC: Bank stocks will remain a strong direction with high certainty.

Breakings08:40

The State Council inter-ministerial meeting on combating counterfeit MMF has been convened, planning to intensify efforts against cybercrime.

The People's Bank of China announced that the seventh meeting of the State Council's joint conference on anti-counterfeiting currency work was held last Tuesday (17th) in Peking, emphasizing the need to improve the top-level design of anti-counterfeiting currency work, accelerate the improvement of relevant laws and regulations, and optimize the county-level anti-counterfeiting currency governance system. Efforts will be intensified to combat counterfeiting crimes conducted online, maintaining a deterrent effect against illegal counterfeiting activities. A comprehensive approach will be adopted to enhance the precision of anti-counterfeiting currency publicity and to build a solid foundation for preventing the harm of counterfeit currency. The meeting mentioned that member units of the joint meeting should strengthen their responsibilities, enhance collaboration, and according to the work ideas and requirements proposed by the conference, refine the task allocation and clarify...

AASTOCKS46minutes ago

ICBC (Asia) and Cyberport signed a memorandum of cooperation to promote the use of innovative solutions from startups across various departments.

The Industrial And Commercial Bank Of China (Asia) announced the signing of a memorandum of cooperation with the Hong Kong Cyberport to establish a strategic partnership. It is reported that both parties will work together to promote innovation and technology development in the Greater Bay Area, cultivate technology talents, accelerate the digital transformation of small and medium-sized enterprises, enhance Hong Kong's competitiveness in the field of innovation and technology, and attract more international talents and capital. Industrial And Commercial Bank Of China (Asia) stated that it will actively promote the adoption of innovative solutions from Cyberport's startups across various departments to enhance operational efficiency and recommend outstanding enterprises to settle in Cyberport. The bank will also collaborate with Cyberport's startups to provide digital business solutions for small and medium-sized enterprises in the Greater Bay Area, while hosting industry events.

AASTOCKS08:16

Domestic media analysis quotes that there is still room for future LPR adjustments.

According to the Securities Times, looking ahead, CITIC Chief Economist Mingming stated that the recent Central Economic Work Conference has set the tone for the next phase of MMF policy to be 'moderately loose', while also mentioning 'timely interest rate and reserve requirement ratio cuts'. There is still room for future LPR reductions. In addition, under the demand to optimize the quality of LPR Quotes, there may also be significant room for unilateral LPR reductions. Wang Qing, Chief Macro Analyst at Oriental Jin Cheng, believes that under the moderately loose MMF policy tone, it is expected that the People's Bank of China will continue to implement vigorous interest rate cuts, with policy rates likely to be reduced by 0.5 percentage points, which will guide LPR Quotes to follow suit. At the same time, it is not ruled out.

AASTOCKS08:09

Express News | Guangzhou Hengyun Enterprises Holding plans to repurchase shares worth 50 million to -0.1 billion yuan.

BreakingsDec 20 20:30

In order to respond to the "intense battle" next year? At the end of the year, many Banks are making intensive adjustments to their Business structure, and the special mechanism for the "five major articles" is gradually being established.

① First, merging the functions of the head office departments clearly indicates a reduction in costs and an increase in efficiency; second, a special department dedicated to the five major articles is being established. ② Retailing Crediting may become one of the focal points for Banks next year. ③ It is expected that the special institutions for the five major articles will be established gradually, as each one matures.

cls.cnDec 20 17:06