How did the Bank Of Zhengzhou achieve "counter-cyclical" growth in the first quarter?
Performance continues to rebound.
How to understand the negative profit growth of China Merchants Bank?
China Merchants stated that the main reason for the negative growth in profits is the adjustment in the bond market leading to a decline in non-interest income, as well as the potential need for provisions due to the lagging effects of USA tariff policies. Although profits are under short-term pressure, CM BANK's core Operating Indicators remain robust. If the impact of the one-time bond market adjustment is excluded, CM BANK's revenue still maintains a growth trend.
Daily Bull and Bear | Hong Kong stocks have fluctuated for five consecutive Trading days, with the latest bull and bear street ratio of the Hang Seng Index at 56:44; Tencent saw an Inflow of over 10 million Hong Kong dollars, and the Hong Kong Stock Excha
As of yesterday's market close, the total market turnover was 117.658 billion Hong Kong dollars, with the combined turnover of all warrant bull and bear certificates at 15.234 billion Hong Kong dollars, accounting for 8.6% of the total market turnover, of which good positions accounted for 5% and short positions accounted for 3.6%. The net Outflow of all warrants was 0.528 billion Hong Kong dollars.
Multiple state-owned major banks announced on the same day: the supervisory board will be abolished.
On April 29, Industrial And Commercial Bank Of China, Agricultural Bank Of China, Bank Of China, China Construction Bank Corporation, Bank Of Communications, and CM BANK all issued announcements stating their intention to abolish the board of supervisors. The announcement from Industrial And Commercial Bank Of China indicates that the proposals related to the abolition of the board of supervisors need to be submitted for approval at the shareholders' meeting and reported to the National Financial Supervision Administration for approval.
China Zheshang Bank: In the first quarter of 2025, performance showed steady progress, with a slight increase in net income of 0.61%.
China Zheshang Bank's performance analysis for the first quarter of 2025: steady progress, profitability remains resilient. Summary of key points: Financial performance: In the first quarter, the net income attributed to the parent company reached 5.949 billion yuan, a slight increase of 0.61% year-on-year; revenue was 17.105 billion yuan, a decrease of 7.07% year-on-year; net interest income was 11.981 billion yuan, an increase of 1.38% year-on-year. Asset scale: Total assets reached 3,443.117 billion yuan, an increase of 3.54% compared to the end of last year; total loans amounted to 1,890.698 billion yuan, an increase of 1.81% compared to the end of last year; deposits absorbed were 2,006.368 billion yuan, an increase of 4.37% compared to the end of last year.
China CITIC Bank Corporation: In the first quarter of 2025, the Net income was 19.509 billion yuan, an increase of 1.66% year-on-year.
Interpretations of China CITIC Bank Corporation's Q1 2025 financial report: Summarizing key points of seeking transformation and upgrading amidst steady growth, with solid financial performance: The first quarter achieved a net profit attributable to Shareholders...