CHINA FEIHE (06186.HK) invests 0.15 billion yuan to subscribe to financial products issued by Pudong Development Bank.

CHINA FEIHE (06186.HK) announced that on May 14th, its wholly-owned subsidiary Heilongjiang Feihe used idle funds to purchase financial products issued by Shanghai Pudong Development Bank amounting to 0.15 billion yuan. To date, the total principal amount of wealth management and structured deposit financial products purchased by the group from Shanghai Pudong Development Bank that have not reached maturity is 2.3 billion yuan.

AASTOCKSMay 14 23:49

Banks are strong! Construction Bank, Agricultural Bank, and Transportation Bank have all reached historical highs.

On May 14th, according to Gelonghui, the rise of A-share bank stocks has further expanded, with Bank Of Xi'An, Bank Of Zhengzhou, and Xiamen Bank Co.,Ltd. rising over 3%. Industrial Bank, China Everbright Bank, China CITIC Bank Corporation, Bank Of Chengdu, Bank Of Jiangsu, Bank of Shanghai, Bank Of Beijing, Bank Of Communications, Shanghai Pudong Development Bank, China Construction Bank Corporation, and Agricultural Bank Of China have all reached new historical highs.

Gelonghui FinanceMay 14 13:43

A-share afternoon review: The Shanghai index rose slightly by 0.08%. Multiple Banks stocks hit new highs, and the Defense stocks adjusted.

By the lunch break, the Shanghai Composite Index rose 0.08% to 3371.86 points, the Shenzhen Component Index fell 0.24%, and the Chinext Price Index declined 0.23%.

Gelonghui FinanceMay 13 11:41

Express News | Midday review: the Chinext Price Index opened high and fell, down 0.23%. Shanghai Pudong Development Bank and other bank stocks again set historic highs.

BreakingsMay 13 11:32

Shanghai Pudong Development Bank supports the launch of the first batch of Technology innovation Bonds.

Recently, the People's Bank of China and the China Securities Regulatory Commission jointly published a notice regarding the support for the issuance of Technology Innovation Bonds. The Trading Association formulated and announced a notification on the launch of Technology Innovation Bonds to build a 'Technology Board' in the bond market, guiding bond market funds to be more efficient, convenient, and low-cost in directing towards the field of technological innovation, stimulating the driving force of technological innovation and market vitality. Shanghai Pudong Development Bank actively responds to regulatory calls, assisting the construction of the bond market 'Technology Board' through underwriting, investing and issuing Technology Innovation Bonds, and taking multiple measures to accelerate the early, small, long-term, and hard technology investments with financial capital, strongly supporting major national initiatives.

China InvestorsMay 12 14:39

Express News | Shanghai state-owned enterprises continuously enhance Shareholder returns and value performance.

BreakingsMay 10 06:50