China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation

MT NewswiresFeb 25 21:43 ET

Central Plains Mortgage: The number of mortgage registrations in Hong Kong in January rose by 19% month-on-month to 540, reaching a six-month high.

In January of this year, Hong Kong's Banks recorded a total of 540 mortgage registrations, representing a month-on-month increase of 19.2%, marking the second consecutive month of growth and a six-month high.

Zhitong FinanceFeb 25 03:35 ET

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%.

cls.cnFeb 24 20:48 ET

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.

cls.cnFeb 24 03:49 ET

BOC HONG KONG (02388): Last year, the amount subscribed by customers for the interest income Fund increased by nearly 1.2 times year-on-year.

Leung Suk-yi, Deputy General Manager of Precious Metals Products at BOC HONG KONG (02388), stated that in 2024, the amount of funds subscribed by customers for income-generating Funds increased by nearly 1.2 times compared to the previous year, reflecting a significant increase in market demand for Assets with regular income characteristics.

Zhitong FinanceFeb 24 01:32 ET

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.

Zhitong FinanceFeb 23 20:15 ET