The interest rates of the same industry certificates of deposit are rapidly declining, and under "moderately loose" conditions, there is hope to drop to 1.30%.

1. After the improvement in MMF transmission efficiency, the CD interest rate and the 7-day OMO rate will integrate within the next year. 2. Due to the faster decline of long-term bonds, the spread between the 10Y government bond and the 1Y CD has been compressing, and is currently at 13BP.

cls.cnDec 13 05:18 ET

Northbound trading direction | Northbound net purchases of 14.306 billion, domestic funds are re-adding positions in Hong Kong stock ETFs, aggressively buying Alibaba (09988) exceeding 1.7 billion.

On December 13th in the Hong Kong stock market, the northbound capital had a net purchase of 14.306 billion HKD, of which the SH->HK Connect had a net purchase of 9.36 billion HKD, and the SZ->HK Connect had a net purchase of 4.946 billion HKD.

Zhitong FinanceDec 13 04:51 ET

Illustration | Southbound funds net Buy of Hong Kong stocks amounted to 14.3 billion Hong Kong dollars, increasing positions in Alibaba, China Construction Bank, and Crystal International Holdings.

Today, southbound funds net bought Hong Kong stocks worth 14.306 billion HKD. Among them: net buys of TRACKER FUND OF HONG KONG 3.026 billion, Alibaba 1.711 billion, Hang Seng H-Share Index ETF 1.207 billion, China Construction Bank Corporation 0.76 billion, Crystal International Holdings 0.591 billion, COSCO Shipping Holdings 0.374 billion, Tencent 0.228 billion, CHINA MOBILE 0.205 billion; net sells of Meituan 0.496 billion, Xiaomi 0.207 billion. According to statistics, southbound funds have net sold Meituan for four consecutive days, totaling 1.77539 billion HKD; have net bought CHINA MOBILE for four consecutive days, totaling 1.45287 billion HKD; for 60 trading days since being included in the Stock Connect.

Gelonghui FinanceDec 13 04:41 ET

Major bank rating丨Bank of China International: The Silver fundamentals will remain stable next year, with Agricultural Bank being the top choice.

Bank of China International published a report stating that as of December 10, the CSI China Mainland Banks Index has risen by 32.7% this year, outperforming the Hang Seng Index's growth of 19.1%. Looking ahead to next year, considering that the decision-making body may continue to introduce more MMF and fiscal policies, the fundamentals of the banking Industry will remain robust, and it is believed that the Listed in Hong Kong Bank Index may continue to achieve positive returns. The bank noted that as risk-free interest rates decline and geopolitical risks intensify, investors will pay more attention to undervalued high-dividend Listed in Hong Kong bank stocks. Additionally, the Ministry of Finance stated that it would issue special government bonds to supplement the capital of large commercial banks. The bank maintains a "Buy" rating on the banking Industry.

Gelonghui FinanceDec 13 01:30 ET

CHINA CONST BK To Go Ex-Dividend On January 3rd, 2025 With 0.54198 USD Dividend Per Share

Moomoo NewsDec 12 19:45 ET

The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.

① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.

cls.cnDec 9 22:21 ET