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.
"For the use of the cardholder only," and several Banks are adjusting for the next year under cost pressure as the benefits of bank credit cards are being reduced.
On the morning of December 24, the credit card center of Hua Xia Bank announced that starting from January 1, 2025, the rules for using value-added services will be adjusted to be limited to primary cardholders only. This adjustment involves 7 categories of value-added services and affects more than 10 types of credit card products. Hua Xia Bank is not the only one making adjustments to credit card benefits before the end of the year, mainly based on cost reduction considerations.
The four major banks' stock prices in A-shares have all reached new highs, with the Agricultural Bank Of China in Hong Kong rising by nearly 3%! Foreign capital is significantly increasing its holdings in bank stocks.
When market structure and investment expectations diverge, dividend Assets become the focus due to their inherent stability.
Major banks take action for the first time. Bank Of China officially announces the migration of online bank "Consumer Loans" to mobile banking. Industry insiders: an inevitable trend.
① Currently, consumer loans are also one of the key competitive areas among major Banks, "basically regarded as an upgrade and supplement to traditional credit cards." Applying through mobile banking is more convenient; ② With the popularity of Penghua CSI Mobile Internet Index Fund(LOF)-A, mobile banking no longer requires other auxiliary tools. With the use of new technologies such as Facial Recognition, its usage is faster and safer compared to online banking.
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.