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For the first time in history! The largest shareholder of Shanghai Pudong Development Bank has stepped into the secondary market to increase shareholding, and bank stocks with a low P/b ratio are gaining favor from investors.
① A relevant person in charge of Shanghai Pudong Development Bank confirmed to reporters from Cai Lian She that the largest Shareholder, International Group, is making a historical first-time Shareholding from the secondary market in this instance. ② The market reacted strongly, considering that the purpose of the Shareholding may involve two possibilities: implementing Market Cap management and addressing issues related to Convertible Bonds.
For the first time since 2008? The largest Shareholder, Shanghai International Group, has increased its Shareholding in Shanghai Pudong Development Bank, with a maximum limit of 94 million shares, committing not to reduce its shareholding for five years.
① The company commits not to shareholding the shares it holds in the company during the implementation of this shareholding plan and within 5 years after its completion. ② Wind Statistics show that this shareholding marks the first time Shanghai International Group has increased its holdings in Shanghai Pudong Development Bank in the secondary market after the affiliated company's receipt of a portion of shares transferred from the Shanghai Shibei Group in 2008.
Express News | Summary of Shareholding changes on December 19.
Express News | Shanghai Pudong Development Bank: Shanghai State-owned Assets Operation Company has increased its shareholding in Shanghai Pudong Development Bank by 0.03%.
Shanghai Pudong Development Bank has launched a digital financial service system, with two major apps receiving a renewed upgrade.
The mobile banking app is one of the main channels for banks to serve customers, and it is also an important vehicle for the digital transformation of banks.
Express News | Minsheng Securities: In 2025, the Banks Sector will focus on three main lines.
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