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China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation
The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.
The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.
Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.
① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.
Kaiyuan Securities: Short-term growth in scale and profits has slowed; focus on the long-term improvement of Assets quality.
Benefiting symbols: Agricultural Bank Of China (601288.SH), China CITIC Bank Corporation (601998.SH), CM BANK (600036.SH), Bank Of Jiangsu (600919.SH), and Bank Of Beijing (601169.SH).
CITIC SEC: It is expected that the performance of Banks and other high certainty Sectors will likely take over, with optimistic absolute return potential.
In terms of individual stock combinations, two main lines are recommended: 1) Stable returns from dividend contributions, select individual stocks with stable performance growth, stable dividend rates, stable asset quality, and low valuation fluctuations; 2) Companies with excellent business models, where valuation premiums are expected to return to normal Range: Select individual stocks with high ROE and strong certainty, where current valuation premiums are still at low levels.
Agricultural Bank Of China (01288.HK) received a Shareholding increase of 0.131 billion shares.
On February 24, according to the latest equity disclosure information from the Hong Kong Stock Exchange, on February 19, 2025, Agricultural Bank Of China (01288.HK) was increased by Ping An Asset Management Co., Ltd. on the market with an average price of HKD 4.5291 per share, amounting to approximately HKD 0.595 billion for 0.131 billion shares. After the shareholding, the latest number of shares held by Ping An Asset Management Co., Ltd. is 2,477,996,000 shares, with the shareholding ratio rising from 7.63% to 8.06%.
102640653 : can u do a forecast of nio n jd . thanks sir . nio seems to be on breakout 4.50 n undervalued
102640653 : need to know thier support level as well as resistance. Will nio be able to return to 7.7-8 it’s September high
Devip : Given the recent decline in US markets, particularly in the consumer discretionary sector, how should I adjust my investment portfolio to mitigate potential losses?
Viviye : Are there any sectors you recommend focusing on for potential growth?