State-owned enterprises continue to push forward with Venture Capital! Three major state-owned enterprises collaborate with the Haidian District government to launch a 30 billion Fund.

① The China Chengtong Technology Innovation Venture Capital Fund plans to invest a total scale of 30 billion yuan, with an initial capital scale of no less than 10 billion yuan, mainly investing in New Materials, next-generation information technology, and other strategic XINXINGCHANYE. ② The fund is jointly initiated by the state-owned capital operation company China Chengtong, China Petroleum & Chemical Corporation, China National Aviation Fuel, and the Haidian District Government of Peking, focusing on early-stage investments, small amounts, long-term investments, and hard Technology.

cls.cnDec 25 23:39

In a rare move, a state-owned bank has lowered the minimum repayment ratio for China Construction Bank Corporation credit cards to 5%, while most banks in the market still maintain a 10% rate.

① Today, China Construction Bank Corporation announced on its official website that starting today, the minimum repayment ratio for all Long Card Transformers credit cards has been adjusted from 10% to 5%. ② Not long ago, Bank Of Xi'An made a similar adjustment, but currently, the minimum repayment amount for most commercial banks' credit cards is still 10%. ③ In recent years, especially this year, credit card business personnel have faced considerable pressure. It is reasonable for banks to make adjustments in their credit card business.

cls.cnDec 25 17:46

Which bank has the highest dividend yield, and when will the interim dividend arrive?

China Merchants stated that in the A-share market, Ping An Bank, China Zheshang Bank, Xiamen Bank Co.,Ltd., and Bank of Shanghai have high dividend yields; the H-shares of China Construction Bank Corporation, Bank Of Communications, Chongqing Rural Commercial Bank, and Bank Of China also have relatively high dividend yields.

Investment Finance Cycle ResearchDec 25 10:37

Covering for "allied" production cuts to evade sanctions? In November, Saudi Arabia became the largest buyer of Russian Crude Oil Product.

Since the European Union's ban on Russian oil took full effect in February last year, countries in Asia have become the largest buyers of Russian fuel oil and VGO. However, think tank data shows that in November, India's imports of Russian Crude Oil Product decreased significantly by 55% month-on-month, reaching the lowest level since June 2022.

wallstreetcnDec 25 08:04

Who will be the first to implement the expectations of a reserve requirement ratio cut and interest rate reduction? Industry predictions suggest that the likelihood of a reserve requirement ratio cut by the end of the year is high, while the interest rate

① Currently, it has entered the observation period for policy effects, and the signals for reserve requirement ratio and interest rate cuts are unclear. The probability of an interest rate cut this week is low, but the likelihood of a reserve requirement cut before the end of the year is higher, and the interest rate cut may have to wait until 2025 for a suitable opportunity; ② A domestic interest rate cut may further increase short-term Exchange Rates pressure, and the probability of a short-term reserve requirement cut is greater than that of an interest rate cut. Recently, the Renminbi's exchange rate against the US dollar has declined, reflecting more of a passive depreciation nature.

cls.cnDec 24 19:01

Outperforming 92% of stocks within the year! The four major banks have reached a new high again, and this month they have all faced Shareholding reductions by financing clients.

① Today, the stock prices of the four major banks collectively reached new historical highs, with an average increase of nearly 47% year-to-date, outperforming 92% of individual stocks in the same period. ② Excluding new stock situations, there were 10 stocks that reached historical highs today, most of which, apart from the four major banks, are CNI Mid-Small Cap.Index stocks, with a relatively higher number in the Transportation sector. ③ This month, all four major banks experienced Shareholding by financing customers, with the Industrial And Commercial Bank Of China having nearly 0.2 billion yuan net sell-out in financing this month.

cls.cnDec 24 18:38