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CITIC SEC: The Banks Sector returns to the fundamental framework, focusing on absolute return opportunities.
The difference between the dividend yield and the risk-free yield has widened, which also implies an enhancement in the potential allocation strength of Banks stocks.
GANFENGLITHIUM announced that Shareholder Li Liangbin pledged 7 million shares of A-shares.
GANFENGLITHIUM (01772) announced that it recently received a notice that its Shareholder Mr. Li Liangbin has pledged 7 million shares of the company's A-shares, with BANKOFJIUJIANG as the pledgee.
The central bank: In January, the operations of the standing lending facility for Financial Institutions totaled 17.105 billion yuan.
In January 2025, the People's Bank conducted standing lending facility operations for Financial Institutions totaling 17.105 billion yuan, including 11.335 billion yuan for overnight, 1.77 billion yuan for 7-day, and 4 billion yuan for 1-month periods.
After the emergence of DeepSeek, multiple Banks have initiated in-depth research testing, and the implementation of large models in the Industry is still in open exploration.
Several Banks' fintech leaders have expressed to the Financial Associated Press that they are already paying attention to and beginning to study the impact of DeepSeek on bank fintech. As models like DeepSeek can greatly reduce training and usage costs, they will provide significant assistance for the future widespread application of large models in Banks. However, large models in the banking system are still in the phase of open exploration.
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.
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.