03618 CQRC BANK
- 4.220
- +0.010+0.24%
CQRC BANK News
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.
The LPR Quote for December has been released! The 1-year and 5-year rates remain unchanged.
More news, continuously updating.
Interest rates can reach 3%! Small and medium-sized Banks have densely launched high-interest products such as large-denomination certificates of deposit and special deposits. How will the pressure for short-term deposit strategies be relieved in the futu
① Some small and medium-sized Banks have engaged in such behavior, which somewhat contradicts the current downward trend of deposit interest rates, possibly being a short-term strategy taken to meet the funding Indicators in the short term. ② The overall trend of deposit interest rates may continue to decline in the future, and the recent rapid decline in bond market interest rates may also face some adjustments.
Encouraging to "seize the opportunities of moderately loose MMF policy," many local officials are intensively researching local Banks at the end of the year, is a good start for next year to be expected.
① In discussions with local officials, frequently mentioned keywords include comprehensive, accelerated, risk, and servicing the local economy. ② For Financial Institutions, "the moderately loose monetary policy from the central government brings opportunities while also posing challenges." ③ If some mechanisms for due diligence exemption can be provided, it is expected to ease the lending pressure on Banks.
Morgan Stanley's investment ratings and target prices for banks and Brokerage stocks (table)
Morgan Stanley released a research report, featuring the investment ratings and target prices for China Mainland Banking and Brokerage stocks as follows: Stock | Investment Rating | Target Price (HKD) Postal Savings Bank Of China (01658.HK) | Shareholding | 5.3 HKD MINSHENG BANK (01988.HK) | Shareholding | 4.2 HKD Agricultural Bank Of China (01288.HK) | Shareholding | 4.4 HKD China Construction Bank Corporation (00939.HK) | Shareholding | 7.1 HKD CM BANK (03968.HK) | Shareholding | 44.5 HKD Bank Of China (03988.HK)
CQRC BANK will distribute a mid-term dividend of 1.944 yuan for every 10 shares on January 23, 2025.
CQRC BANK (03618) announced that the company will distribute a mid-term dividend of 1.944 yuan for every 10 shares for the 6 months ending on June 30, 2024, on January 23, 2025.
Chongqing Rural Commercial Bank Approves Profit Plan
CQRC BANK To Go Ex-Dividend On December 18th, 2024 With 0.2103 HKD Dividend Per Share
December 16th (Beijing Time) - $CQRC BANK(03618.HK)$ is trading ex-dividend on December 18th, 2024.Shareholders of record on December 19th, 2024 will receive 0.21193 HKD dividend per share on
cqrc bank (03618) will distribute a mid-term dividend of 1.944 yuan per 10 shares on January 23, 2025.
CQRC BANK (03618) issued a notice that the company will distribute as of January 23, 2025...
CQRC BANK: POLL RESULTS OF THE 2024 FIRST EXTRAORDINARY GENERALMEETING HELD ON 16 DECEMBER 2024
Express News | Minsheng Securities: In 2025, the Banks Sector will focus on three main lines.
The interest rates of the same industry certificates of deposit are rapidly declining, and under "moderately loose" conditions, there is hope to drop to 1.30%.
1. After the improvement in MMF transmission efficiency, the CD interest rate and the 7-day OMO rate will integrate within the next year. 2. Due to the faster decline of long-term bonds, the spread between the 10Y government bond and the 1Y CD has been compressing, and is currently at 13BP.
Ping An Securities: It is expected that the overall Net income growth rate of listed Banks will be 1% in 2025.
Gelonghui, December 13｜Ping An Securities released the annual strategy report for the Huaan CSI Banks ETF Feeder Fund-A for 2025, stating that looking ahead to 2025, insufficient effective demand and continued pressure on asset pricing levels remain important factors restricting the upward elasticity of bank profitability.
Express News | Chongqing Rural Commercial Bank: Peng Yulong's appointment as Director has been approved.
CQRC BANK (03618.HK): Peng Yulong has taken office as a non-executive Director.
On December 11, Gelonghui reported that CQRC BANK (03618.HK) announced that the National Financial Supervision and Administration Bureau, Chongqing Regulatory Bureau has now approved Peng Yulong's qualification for the position. Peng Yulong will serve as a non-executive director of the bank, with a term from December 9, 2024, until the current Board of Directors' term ends.
Smart Communication Hong Kong Stock Investment Diary | December 11
Hong Kong Stock Investment Log | December 11, 2024
The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.
① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.
As the year-end approaches, many banks are warning about the "standard usage of credit cards" and will periodically take control measures against abnormal customers.
Since late November, more than ten banks have intensively issued reminders about the "standard use of credit cards," including several national commercial banks and many local small and medium-sized banks; on December 6, Qilu Bank issued a reminder that consumers must not rent or lend their credit cards, and it is prohibited for others to make repayments on their behalf, "irregular control will be implemented on abnormal customers."
CHONGQING RURAL CO To Go Ex-Dividend On December 19th, 2024 With 1.33849 USD Dividend Per Share
December 5th (Eastern Time) - $CHONGQING RURAL CO(CRCBY.US)$ is trading ex-dividend on December 19th, 2024.Shareholders of record on December 19th, 2024 will receive 1.33849 USD dividend per share
Orient Securities: The overall degree of controllability of the damage to banks' interest rate spreads in 25 years is manageable. Focus on risk expectations improvement and revival theme.
Currently entering a period of intensive implementation of stable growth policies, with a focus on mmf first, followed closely by fiscal expansion, and a significant acceleration of local debt, which will have a profound impact on the fundamentals of banks in 2025.
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