Bank shares from mainland China, typically including large state-owned and joint-stock banks.
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The maximum single-batch quantity this year, China CITIC Bank Corporation has raised the risk ratings of 158 types of entrusted Funds starting today, with both Construction Bank and Minsheng Bank having taken action.
① Insiders from China CITIC Bank Corporation stated that the main reason for this adjustment is to better protect investors' rights. Additionally, the bank reviews the compliance of related product ratings every year according to the sales suitability management measures. ② China Construction Bank and Minsheng Bank have also implemented similar actions this year. However, compared to the number of products adjusted, currently, the 158 products from China CITIC Bank Corporation should be the most.
AIC may become a standard configuration for Technology financial competition. On the same day, China Merchants Bank and Citic Bank both officially announced the establishment of AIC. Will it create a "consecutive" effect?
① Public information shows that among the six major banks, currently only the Postal Savings Bank Of China has not applied for AIC. ② Previously, Shanghai Pudong Development Bank and Ping An Bank had news about applying for AIC. ③ In the future, the scale of direct equity investment business of financial asset investment companies is expected to continue to grow.
The trillion-dollar low-altitude economy has once again been highlighted, and the Banks have quietly entered the game, with some projects completing credit approval within a week.
① The push for low-altitude economy is not just by the Postal Savings Bank Of China; many national banks such as China Everbright Bank and China Construction Bank Corporation have already entered the market. ② Participating in the low-altitude economy can help banks expand new lending and investment areas, providing new scenarios for the innovation of their financial products and services. ③ The risk management in this area remains relatively complex; commercial banks must continuously innovate, enhance cooperation, and effectively improve their risk management capabilities.
A structural interest rate cut is still a rate cut! The central bank officially announces the first comprehensive reduction in the structural MMF policy tool interest rate, saving more than 15 billion yuan in bank funding costs each year.
① The central bank announced a 0.25 percentage point reduction in the rate of structured MMF monetary policy tools. Industry insiders stated that structural interest rate cuts are also interest rate cuts, which help strengthen the policy incentives for commercial Banks. ② The central bank proposed to establish 500 billion yuan for re-loaning to service Consumer and Retirement, increase the re-loaning quota for Technology innovation and technological transformation, and increase the re-loaning quota for supporting agriculture and small businesses, guiding Financial Institutions to accelerate loan disbursement in related fields.
Highlights of the "One Line, One Bureau, One Meeting" press conference: Simultaneous reduction of reserve requirements and interest rates! A comprehensive financial policy package has been launched.
The reserve requirement ratio is lowered by 0.5 percentage points, with the overall average reserve requirement ratio decreasing from 6.6% to 6.2%, expected to provide approximately 1 trillion yuan in long-term liquidity to the market.
“One line, one bureau, one meeting”: reducing reserve requirements and interest rates, quasi-stabilization Funds, encouraging Insurance companies to increase market participation!
A massive wave of major news is coming! The People's Bank of China has announced a reduction in interest rates and reserve requirements, and the National Financial Regulatory Administration recently launched a total of 8 incremental policies. The China Securities Regulatory Commission will support listed companies in mergers and acquisitions with greater力度.