Are bank stocks still worth buying? CITIC Financial Assets disclosed a 50.3 billion comprehensive investment plan, including a 30 billion shareholding in Bank of China and China Everbright Bank.

①CITIC Financial assets explicitly stated that it will allocate approximately 50.3 billion yuan for a bundled investment plan, of which 30 billion will be used directly to buy shares of Bank of China, China Everbright Bank, and other institutions. ②CITIC Financial assets and other institutional funds buying bank stocks are inevitable. As a large-scale institutional fund, due to various considerations such as risk control and capital return, it is highly probable that it will prioritize "high dividend stocks" rather than thematic stocks.

cls.cnNov 11 13:37

In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.

① In the third quarter, losses in the steel industry intensified, with 21 out of 27 listed steel smelting companies recording losses, totaling over 14.5 billion yuan in losses, the quarterly loss total approaching last year's full year. ② Industry insiders believe that the main reason for the losses is the steel industry's own overcapacity, poor industry self-discipline, failure to actively limit production, product oversupply, continuously declining steel prices, slow decline in raw materials, and severe industry profit compression.

cls.cnOct 31 22:59

Hainan Airlines Holding: Net income doubled year-on-year in the first three quarters, planning to open multiple international routes in the fourth quarter | Interpretations

Hainan Airlines Holding's revenue and net income for the first three quarters were 51.729 billion yuan and 2.173 billion yuan, respectively, with year-on-year growth of 10.68% and 145.43%. Hainan Airlines Holding mentioned that this was mainly due to the recovery of the aviation market and the increase in business volume.

cls.cnOct 30 23:25

Lack of consumer willingness, china tourism group duty free corporation's performance continues to decline. Net profit in Q3 decreased by 50% year-on-year. interpretations

1. China Tourism Group Duty Free Corporation's Q3 quarterly net income attributable to parent company decreased by over fifty percent year-on-year, with insufficient consumer consumption willingness as the main reason for the decline; 2. Industry insiders said that various tax-free consumption indicators may continue to decline slowly in the short term.

cls.cnOct 30 20:16

Steel prices continue to fall, gross margin decreases, baoshan iron & steel Q3 performance drops by 60% | Interpretations

Due to the steel price drop exceeding the drop in raw material prices, the profit margin continues to shrink, baoshan iron & steel's third-quarter performance declined by more than 60%. At the same time, due to the decrease in steel production and sales volume in the third quarter, as well as the impairment of assets extracted by the company in the third quarter, the changes in the above two aspects of operation and financial data also have a certain impact on the company's performance.

cls.cnOct 29 22:41

Net income exceeds 6.5 billion yuan, leading the concept of 150 billion CRO released its third-quarter report | Highlights of the post-market announcement

Wanhua Chemical Group: net income in the third quarter was 3 billion yuan, a 29% year-on-year decrease.

cls.cnOct 28 20:14