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Postal Savings Bank Of China (601658.SH): Zheng Guoyu has been appointed as Chairman and Director since February 13.
The Postal Savings Bank Of China (601658.SH) issued an announcement that recently, the bank received the "National Financial Supervisory Administration's notice regarding Zheng..."
Postal Savings Bank Of China (01658.HK): Chairman Zheng Guoyun's qualifications for the position have been approved by the National Financial Regulatory Administration.
On February 14, GF Securities reported that Postal Savings Bank Of China (01658.HK) announced that the National Financial Supervision and Administration Bureau has approved Zheng Guoyu's qualifications to serve as the bank's Chairman and Director. According to relevant regulations, Zheng Guoyu will assume the position of Chairman and Director of the bank starting from February 13, 2025.
Express News | Postal Savings Bank of China - Qualification of Zheng Guoyu as Chairman of Board Approved by Nfra
Express News | BNP Paribas SA's Long Position in H-Shares of Postal Savings Bank of China Decreases to 0.42% on Feb 7 From 6.96% - HKEX
Continuing to increase the pace, Ping An will increase its Shareholding in three Banks after the New Year.
Ping An Insurance's enthusiasm for bank stocks continues. On February 11, the Hong Kong Stock Exchange disclosed that Ping An and its subsidiary Ping An Asset Management had consecutively increased their shareholding on February 6.
【Brokerage Focus】CITIC SEC expects fluctuations in the capital market in February, with the annual credit expansion pace possibly showing a "low at both ends and high in the middle".
Jinwu Finance | CITIC SEC stated that looking at the forward financial data, due to factors at the beginning of the year combined with a high base figure, the bank expects the increase in RMB loans in January to approach 5 trillion yuan, and the growth rate of social financing is expected to maintain around 8.0%. The favorable start to lending at the beginning of the year and the government's proactive fiscal measures, along with the multidimensional effects of precise regulation by monetary authorities, have resulted in a neutral to tight funding environment in January. Looking ahead, the sustainability of the favorable start to lending, the pace of government bond issuance, and the intensity of liquidity injections by the central bank may be core determining factors for the funding market and credit market in the next stage. The funding market in February is expected to have space for fluctuations, and the pace of credit expansion for the whole year may present.
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