Why did the revenue and profit decrease in the first three quarters? How will the bank of communications address interest rate pressure in the fourth quarter? The earnings conference will respond to multiple hot topics in the industry.

Bank of Communications explained at today's performance briefing that the decline in net income and revenue for the first three quarters was mainly due to the relatively weak growth in fees, investment valuation, and exchange gains and losses. However, it is expected that the one-time impact of policy factors on fee income will gradually diminish next year.

cls.cnNov 12 19:06

"Investment banking veteran" appointed as the general manager of this leading brokerage giant, what is the professional story behind it?

"70s Generation" Practical Combatants

wallstreetcnNov 11 09:24

State-owned major banks are taking action again, the bank of communications has raised the debit card Alipay quick payment limit, and three national banks have launched a "raising limit action".

On the afternoon of November 7, bank of communications announced on its official website that starting from November 18, 2024, the quick payment limit of bank of communications debit cards in Alipay consumer scenarios will be increased to RMB 0.2 million per transaction, RMB 0.2 million per day, and RMB 6 million per month. Recently, postal savings bank of china and cm bank have also increased the quick payment limits for their debit cards on Alipay or WeChat.

cls.cnNov 8 11:48

Bull Market Express: Brokerage stocks are dancing again, with citic sec and east money information both hitting historic highs.

On November 7th, the market opened lower and went higher, with the Chinext Price Index leading the gains. The Shanghai Composite Index rose by 2.57%, the Shenzhen Component Index rose by 2.44%, and the Chinext Price Index rose by 3.75%. Brokerage sector surged, with citic sec and East Money Information stock prices hitting historical highs, driving the strength of diversified finance stocks. The market presents a situation of "switching between high and low", with active domestic consumer trends, sectors such as baijiu, food processing, agriculture, and the winter sports industry saw significant increases.

cls.cnNov 7 18:14

China Securities Co.,Ltd.'s third-quarter report data 'abnormal', 'super giant' capital side becomes a new shareholder.

Responding to the fine incident.

wallstreetcnOct 30 19:43

Brokerage performance in the third quarter is impressive, with 17 companies showing year-on-year positive growth, looking forward to further boost in the fourth quarter.

The arithmetic average of the quarter-on-quarter increase in net profit attributable to the mother of 18 listed brokerages or listed entities in the third quarter was 85%; asset management and proprietary trading are the "mainstays", with average net income growth of 9.32% and 33.84% respectively year-on-year. On October 30th, according to Caixin, the veil of performance of the top three quarters of brokerage firms is being lifted. On October 29th, 9 brokerage firms disclosed their third quarter reports. There are already 18 listed brokerage firms or listed entities that have disclosed their third quarter reports. The arithmetic average of the year-on-year growth rate of net profit attributable to the mother in the first three quarters of the 18 brokerages is 46.17%, with 11 showing positive growth and 7 showing negative growth. The brokerage performance mainly reversed in the third quarter.

cls.cnOct 30 08:52