China Galaxy Securities: In 24Q3, banks achieved positive growth in revenue and profits, with the continued value of dividends.

Under the policy inflection point, banks have accumulated positive fundamental factors; performance repair and capital replenishment continue to support the dividend attributes of banks.

Zhitong FinanceNov 7 02:31 ET

Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.

①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.

cls.cnNov 7 02:30 ET

Trending Stocks Today: CITIC SEC Rises 13.67%

Moomoo NewsNov 7 02:15 ET

Bank stocks generally rose, with cm bank (03968) up 3.23%. Institutions point out that the policy turning point accumulates positive factors in the basic fundamentals of banks.

King Financial News | Banking stocks generally rise, ZYBank (01216) up 9.38%, CM Bank (03968) up 3.23%, Industrial and Commercial Bank of China (01398) up 3.16%, Postal Savings Bank of China (01658) up 2.44%, Bank of Communications (03328) up 2.01%, China Construction Bank Corporation (00939) up 1.97%, China CITIC Bank Corporation (00998) up 2%. Galaxy Securities stated that bank revenue and net profit have recovered, interest rate spreads have narrowed, the optimization effect of liability costs is gradually emerging, and major banks' crediting and risk resilience are expected to benefit from the national capital increase. Finance

Jingu Finance NewsNov 7 01:30 ET

Trending Stocks Today: SH ELECTRIC Surges 21.77%

Moomoo NewsNov 6 01:30 ET

Large banks are accelerating their expansion to lower-tier cities! The balance of inclusive small and micro loans is increasing while interest rates are decreasing. Small and medium-sized banks are speeding up to attract customers.

From the perspective of inclusive finance, state-owned banks continue to lower the average interest rate on inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Joint-stock banks and city commercial banks, on the other hand, compete for customers based on service quality.

cls.cnNov 4 10:16 ET