Several large and medium-sized Banks have inverted deposit interest rates, with some Banks offering lower rates for 5-year deposits compared to 1-year deposits.

According to the Guangzhou Daily, the interest rate inversion has spread to domestic large and medium-sized Banks.

Gelonghui FinanceMar 10 07:20

SHENGJINGBANK (02066.HK) has received an off-market Shareholding of 21.2 million Listed in Hong Kong shares from Oshidori International Holdings Limited, valued at approximately 21.412 million Hong Kong dollars.

On March 5, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 5, Oshidori International Holdings Limited increased its shareholding in SHENGJINGBANK (02066.HK) by 21.2 million shares of Listed in Hong Kong at an average price of HKD 1.01 per share on February 28, valued at approximately HKD 21.412 million. After the shareholding increase, the latest number of shares held by Oshidori International Holdings Limited is 0.314 billion shares, and the ownership ratio has risen from 12.52% to 13.

Futu NewsMar 5 17:04

CITIC SEC: Market style stabilizes, Banks stocks are expected to continue a steady upward trend.

Overall, the policies since the fourth quarter have a direct effect on stabilizing financial risks. During the Two Sessions, the likelihood of those policies significantly exceeding expectations is low, but the 'uncertain' policies are moving towards 'certainty'. Therefore, bank stocks are expected to continue a steady upward trend.

Zhitong FinanceMar 3 09:13

China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation

MT NewswiresFeb 26 10:43

The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.

The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.

cls.cnFeb 25 09:48

Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.

① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.

cls.cnFeb 24 16:49