No Data
No Data
郵儲銀行:2024中期報告
Postal Savings Bank of China Announces Board Structure
Postal Savings Bank of China (01658.HK): Liu Xin'an will assume office as a non-executive director starting from September 10th.
On September 11, GruntHui announced that Mr. Liu Xin'an, Mr. Zhang Xuanbo, Mr. Hu Yuting, and Mr. Yu Mingxiong would serve as non-executive directors of the Postal Savings Bank of China starting from September 10, 2024, for a term of three years. At the same time, Mr. Liu Xin'an will serve as a member of the board's global strategy planning committee and the board's social responsibility and consumer rights protection committee; Mr. Zhang Xuanbo will serve as a member of the board's audit committee and the board's risk management committee; Mr. Hu Yuting will serve as a member of the board's global strategy planning committee and the board's audit committee; and Mr. Yu Mingxiong will serve as a member of the board's global strategy planning committee.
Postal Savings Bank of China (601658.SH): Director's qualifications approved
On September 11th, Postal Savings Bank of China (601658.SH) announced that the Bank recently received the approval from the China Banking and Insurance Regulatory Commission for the qualifications of Mr. Liu Xin'an, Mr. Zhang Xuanbo, Mr. Hu Yuting, and Mr. Yu Mingxiong to serve as directors of the Bank. The China Banking and Insurance Regulatory Commission has approved Mr. Liu Xin'an, Mr. Zhang Xuanbo, Mr. Hu Yuting, and Mr. Yu Mingxiong to serve as non-executive directors of the Bank.
Hong Kong stocks fluctuate | China mainland banking continues to decline recently, and the expectation of a decrease in the interest rate of existing house loans reemerges. Institutions state that the impact on banks' interest rate spreads is limited.
China mainland banking stocks continued to fall in the near term. As of the time of drafting, Agricultural Bank of China (01288) fell by 5.1%, closing at 3.35 Hong Kong dollars; Postal Savings Bank of China (01658) fell by 3.47%, closing at 3.9 Hong Kong dollars; Industrial and Commercial Bank of China (01398) fell by 2.62%, closing at 4.09 Hong Kong dollars; China Construction Bank Corporation (00939) fell by 2.22%, closing at 5.29 Hong Kong dollars.
Deutsche Bank: The pricing of loans in the banking industry in China is becoming more rational, so there is no need to overly worry about net interest margin pressure.
Morgan Stanley pointed out that although the LPR reduction may put pressure on the interest income of the banking industry in China, at the same time, the interest cost paid by banks to depositors is also decreasing, which helps to alleviate the pressure on net interest margin. Morgan Stanley expects that the banking industry will outperform the large cap market in the next 12 months.
No Data
No Data