Express News | China Construction Bank Strives to Provide No Less Than 8 Trillion Yuan in Financing for Private Economy by End-2027 - Xinhua

ReutersMar 25 09:49 ET

China Construction Bank Corporation (00939.HK) will release its Earnings Reports on March 28.

$China Construction Bank Corporation (00939.HK)$ will release its Earnings Reports on March 28, and investors are encouraged to pay attention. How was the performance prior? $China Construction Bank Corporation (00939.HK)$ 2024 Q3 revenue is 177.516 billion yuan, net income is 92.073 billion yuan, and EPS is 0.35 yuan. Futubull reminder: 1. There are no strict regulations on the accounting year division for Hong Kong and U.S. listed companies; it is entirely determined by the companies themselves, so each Earnings Reports period can serve as the cutoff date for the company's annual report, and it won't use the calendar year as the fiscal year. 2. Generally, the company will release the Earnings Reports on the aforementioned date.

Moomoo NewsMar 23 21:00 ET

【Brokerage Focus】CITIC SEC: Investment in bank stocks is still driven by the main logic of bullish valuation uplift due to the reevaluation of business models.

Jinwu Financial News | CITIC SEC stated that the Financial Management Bureau has issued a notice on developing consumer finance to boost consumption, which may help various Banks increase the scale and quality of Consumer Crediting, with high-quality retail lending Banks likely benefiting more. In terms of Sector investment, Banks are entering the Earnings Reports season, and investors are focusing on the fundamental elements and profit results of marginal changes. The bank expects that the credit issuance strategy of listed Banks will remain positive in the first quarter of 2025, the pricing of Assets will remain stable, the interest margin will decline as expected but less than anticipated, and the year-on-year decline in net interest income will stabilize; affected by fluctuations in the funding market interest rate, some Banks' non-interest income will experience a quarter-on-quarter change.

Jingu Financial NewsMar 23 20:53 ET

[Brokerage Focus] JPMorgan: Numerous stocks are about to release earnings, and there are changes in positions in the Hong Kong warrant market.

JPMorgan released a Research Report indicating that several important companies are about to announce their earnings, leading to corresponding changes in the Hong Kong stock market and warrants market. Today, Meituan (03690) will announce its earnings, with a focus on the profitability outlook of its core Business and the progress of narrowing losses in new Businesses. In the past ten days, the southbound Hong Kong Stock Connect saw a net Inflow of 0.73 billion into Meituan, but in the past five days, there has been a net Outflow of 2.7 million in Meituan's good positions and a net Inflow of 1.3 million in weak positions. Related information on Meituan's warrants, such as warrant 27790 and put warrant 28765, is also worth noting for investors. Besides Meituan, Pinduoduo...

Jinwu Financial NewsMar 20 22:21 ET

Focusing on the high-quality development of the China debt market, the 2025 ICMA China Debt Capital Markets Annual Conference was held in Beijing.

On March 19, the 2025 ICMA China Debt Capital Markets Annual Conference, organized by the International Capital Markets Association (ICMA), was held in Beijing.

cls.cnMar 20 19:47 ET

State-owned banks are aggressively entering the market, will personal consumer loans become the new "king of competition"? Industry insiders say: the market space has not yet reached its peak.

In recent days, many major banks have successively announced relevant special plans and vigorously entered the Consumer loan market. Since the beginning of the year, the interest rates on bank Consumer loans have successively broken the "2.6" and "2.5" thresholds, with the lowest rate now dropping to around 2.4%. The state-owned large banks first squeezed not the space of local commercial banks, but rather various illegal and legal online lending and Internet loan platforms. However, banks still need to strengthen risk management to reduce subsequent non-performing loans.

cls.cnMar 20 02:24 ET