Here comes the simplified version of the press conference highlights! Five ministries have made a significant statement, vigorously promoting the entry of medium- and long-term funds into the market.

The China Securities Regulatory Commission will further enhance the equity allocation capacity of medium to long-term funds, steadily expand the investment scale, and improve the funding supply structure of Capital Markets.

WindJan 23 10:35

Economists: The impact of the LPR reduction in 2024 may be concentrated in the first quarter of this year, continuing to squeeze Banks' interest margins.

On January 21, according to Securities Daily, on January 20, the first phase of the 2025 LPR (Loan Market Quote Rate) was released, with the one-year and over five-year rates remaining unchanged. The chief economist of MINSHENG BANK, Wen Bin, believes that at the beginning of the year, banks are facing significant repricing pressure, and there is insufficient momentum and space for the continued reduction of LPR.

Gelonghui FinanceJan 21 06:17

Are Banks under pressure from interest margins looking to Overseas for profits? The 2025 annual plan reveals that Overseas Business may become a new highlight.

① The Industrial And Commercial Bank Of China stated that it aims to explore a second growth curve for Overseas Operation; ② The outbound expansion of enterprises has transformed into an industry going overseas together with upstream and downstream partners, which means that more Chinese companies are establishing factories and operating locally.

cls.cnJan 20 20:35

The Banks wealth management market welcomes a "big year": the existing scale reaches 29.95 trillion, and the number of investors is 0.125 billion.

The year 2024 is a significant year for the Banks' wealth management market in our country, with scale and users continuing to maintain a steady growth trend.

Gelonghui FinanceJan 20 12:20

Bank of Qingdao (03866) plans to appoint Ernst & Young Huaming as the domestic auditing institution for the year 2025.

The Bank of Qingdao (03866) issued a notice, comprehensively considering the actual situation of the bank and the length of service of the originally appointed accounting firm, etc...

Zhitong FinanceJan 17 19:42

The AUM of private banking has grown against the trend; high-end clients are the future of Banks.

In 2024, amid narrowing interest margins and weak income in the banking industry, one Indicator continues to "skyrocket." Data from the corporate early warning system shows that China's private banks...

wallstreetcnJan 17 10:08