000018 SSE 180 Financial Index
- 4290.43
- +1.42+0.03%
Shanghai Pudong Development Bank, Shanghai Branch, Gao Jianbing: Serving the scientific and technological innovation field, the transformation of bank institutions is happening at the right time.
① Service technology enterprises are listed as the first track of the Shanghai Pudong Development Bank. ② There are still challenges in understanding and evaluating the technology of technology enterprises during the loan process, and further discussions are needed on guarantee measures and risk management.
China Construction Bank Corporation Shanghai Branch Zhou Jie: Integrated operation of commercial investment banking, all-round service for the development of science and technology innovation | Direct hit on the 2024 Pujiang Forum.
①At the 2024 Pujiang Innovation Forum, a series of specialized forums were held around the topic of technology finance. ②ICBC Shanghai Branch has already established a complete financial solution from 0 to 100 for technology finance services, which can provide services for the entire growth cycle of scientific and technological innovation enterprises.
Amount involved exceeds 2.8 billion! China Construction Bank Corporation issued 35 notices of non-performing loan transfers in the first week of September. Industry experts believe that the pressure on risk exposure in the bank's retail sector has intensi
In the first week of September, China Construction Bank Corporation released 35 pieces of information on the transfer of non-performing loans in the Silver Registration Center, involving a total unpaid principal and interest of 2.818 billion yuan, of which 34 were personal consumer or operation non-performing loan transfer projects. In the industry's view, the overall risk pressure on the retail end of the entire industry is relatively high, and the industry will continue to maintain a high level of disposal of non-performing assets in the second half of the year.
Live coverage of the minsheng bank interim performance conference: executives explain key topics such as disposal of non-performing assets, stabilization of personal mortgages, and growth of corporate deposits.
① In June, the mortgage business has already seen a situation where the volume of loans exceeds the volume of repayments, and the scale has begun to stabilize and rebound, with positive signs ahead; ② The strict implementation of the self-discipline mechanism for deposits has caused the scale of deposits to experience some "growing pains". However, this is also a very good opportunity for structural adjustment; ③ Next, Minsheng Bank will continue to promote the disposal of non-performing assets.
China Zheshang Bank executives responded to the narrowing net interest margin, stating that "from a marginal perspective, it shows a stabilizing and rising trend." The chairman said: Individual executive changes do not affect the operation.
① Lu Jianqiang, chairman of Zheshang Bank, publicly responded to market concerns today: “Individual executive changes will not have an impact on Zheshang Bank's operations. Zheshang Bank's various business activities are carried out normally.” ② Hou Bo (proposed), assistant governor of Zheshang Bank, said that from a marginal point of view, interest spreads showed a steady upward trend.
Directly hit the Postal Savings Bank of China's performance conference: there are marginal improvement signs in the downward trend of net interest margin, and the follow-up announcement of the commission adjustment plan will be made.
In the future development, we need to seize the opportunities in the top ten markets.
A-share listed banks' semi-annual report: 41 banks continue to explore interest rate spreads, 12 banks experience negative growth in net income. The window for another round of interest rate cuts for existing housing loans has opened, posing a potential c
① In the first half of the year, the net interest margin of 41 banks collectively declined, with 9 banks experiencing a decrease of 2% or more in their interest margin compared to the same period last year; there were as many as 12 banks with a negative growth in net income attributable to the parent, an increase of 7 compared to the same period last year. ② Experts believe that the continued narrowing of the net interest margin has put certain pressure on the profitability of banks, and the possible reduction of interest rates for existing housing loans in the near future will further challenge the interest margin of banks and increase operating pressure.
Will there be another wave of insurance product adjustments before September 30? New China Life Insurance earnings conference responds to the planned interest rate reduction and will focus on dividend insurance in the future.
① Make adjustments to traditional insurance policies before August 31st, and make adjustments to participating insurance and universal insurance products before September 30th. The next step is to focus on participating insurance and hope to bring new growth momentum through participating insurance; ② The mid-term dividend accounts for 15% of the net income attributable to the parent company in the first half of the year, equivalent to 19% of last year's annual profit; ③ Regarding asset allocation strategy, follow the basic rule of asset-liability matching and not give up the opportunity for phased allocation of equity investments.
China Pacific Insurance responds to market hot topics at the mid-term earnings conference: continuously improving the contribution ratio of bancassurance, dividend-type products are expected to exceed 50% in the future, and asset allocation adheres to the
1. In the macro environment changes, Taibao is also shifting towards protection and dividend-type business; 2. In the long term, Taibao's dividend-type products are expected to account for more than 50%; 3. Will continue to increase the contribution ratio of silver insurance, focus on strategic cooperation with banks to promote a one-on-one global strategy.
Is it a challenge to lower the benchmark interest rate and promote the integration of banking and insurance? China Life Insurance, which has a premium of 400 billion, has recently spoken up.
The decrease in the reserved interest rate and the deepening of the integration of report and bank in the individual insurance channel are challenges and opportunities for the life insurance market. In the first half of the year, China Life Insurance exceeded 600 billion in equity product allocation. The current A-share market already has long-term allocation value, and the allocation strategy will increase the allocation of high-dividend stocks and actively buy high-quality stocks with cost-effectiveness.
China Life Insurance Company Limited (CILJF) Q2 2024 Earnings Conference Call Transcript Summary
New China Life Insurance releases mid-year performance report, achieving double-digit increases in revenue and profit | Financial Report Watch.
New China Life Insurance stated that the company outperformed the market in terms of returns on major investment asset categories in the first half of the year.
China Securities Co., Ltd. has released its semi-annual report, and the key figures for the first half of the year have been gradually revealed.
There are many highlights.
Why did the net profit decrease slightly in the first half of the year? How is the performance in the second half of the year? What is the trend of real estate asset quality? China Citic Bank management responds.
Regarding the operating situation in the first half of the year, Liu Cheng summarized it in three words: "balance," "stability," and "continuity," and predicts that the overall operation will continue to maintain a stable and positive trend for the whole year. In addition, he has confidence in the improving asset quality of China CITIC Bank in the second half of the year.
Caught up with the CITIC Securities briefing, and a special plan has been developed to respond to the fee reduction of public funds.
Zhang Youjun mentioned the mid-term dividend optimistically.
China Citic Bank Corporation plans to distribute nearly 10 billion yuan in dividends in the middle of the year, with a significant increase in investment income in the first half of the year leading to a rise in non-interest net income. Agent business fee
In the first half of the year, China Citic Bank Corporation achieved revenue of 109.019 billion yuan, a year-on-year increase of 2.68%; net income attributable to shareholders was 35.49 billion yuan, a slight year-on-year decrease of 1.60%. On the one hand, it adjusted and optimized the deposit structure, vigorously developed settlement deposits, and steadily reduced the cost of deposits; on the other hand, it adjusted the asset structure, increased the proportion of loans, and took multiple measures to stabilize the interest rate spread at a reasonable level.
Is it to attract customers to continue buying that Minsheng Bank offers discounts on transaction fees for multiple funds, including a 90% discount for Liu Gesong?
On August 26th, China Minsheng Bank, on the same day that the "Guangfa Industry Select Three-Year Hold Mixed Securities Investment Fund" was open for redemption, released an announcement on its official website regarding transaction fee discounts for certain securities investment funds. According to industry experts interviewed, relying solely on measures such as transaction fee discounts may not be enough to attract mature investors to continue buying Guangfa Fund's related products based on current net value performance.
Ping An Insurance's mid-term earnings conference response to market hotspots: future product structure will focus on dividend insurance, increase long-term interest rate bonds, and closely follow the dumbbell combination of national new productive forces.
① In the first half of the year, Ping An Insurance achieved a net income attributable to the parent company of 74.619 billion yuan, a year-on-year increase of 6.8%. ② The net income attributable to the parent company of Ping An Life Insurance and health insurance sector reached 50.6 billion yuan, accounting for nearly 70% of the group's profit. ③ Ping An Asset Management business achieved a net profit of 1.685 billion yuan, a year-on-year decrease of 14.7%.
China Life Insurance plans to reduce its shareholding in Bank of Hangzhou by 0.11 billion shares. Will clearing out the shares cause fluctuations in the stock price? Who will take over?
China Life Insurance plans to reduce its shareholding of Bank of Hangzhou by no more than 110,092,230 shares. Based on the current share price, this liquidation by China Life Insurance may be worth 1.5 billion yuan. Experts believe that this reduction will have limited impact on Bank of Hangzhou, but may cause short-term fluctuations in the stock price. Local state-owned shareholders are expected to take over and increase their stake.
Bank of Jiangsu's performance doubled in the first half of the year, net interest margin further reduced to 1.9%. Experts say the narrowing of the interest rate decline and the effect of suppressing deposit costs are beginning to appear.
In the first half of the year, the bank of jiangsu achieved revenue of 41.625 billion yuan and a net income attributable to the parent of 18.731 billion yuan, an increase of 7.16% and 10.05% respectively. At the same time, the net interest spread further decreased by 8 basis points to 1.9%. Experts believe that the bank's interest rate decline has narrowed slightly, and the improvement of deposit costs has effectively alleviated the downward pressure on interest rates. It is expected that the impact of the price reduction adjustment will continue to be released to support interest rate performance.