US bank stocks fell across the board overnight. Hong Kong-based banks are under pressure, with Dahsing Banking (02356) dropping by 2.42%.

金吾财讯 | hk based banks generally under pressure, dahsing banking (02356) fell 2.42%, hsbc holdings (00005) fell 2.22%, stanchart (02888) fell 1.93%, hang seng bank (00011) fell 1.45%, boc hong kong (02388) fell 1.27%. Overnight, US bank stocks fell across the board, with jpmorgan falling 5.19%. Earlier, jpmorgan president Daniel Pinto said analysts' forecasts for next year's spending and net interest income are too optimistic.

金吾財訊Sep 10 22:53 ET

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.

wallstreetcnSep 9 08:25 ET

Should Income Investors Look At BOC Hong Kong (Holdings) Limited (HKG:2388) Before Its Ex-Dividend?

Simply Wall StSep 7 20:10 ET

BOC Hong Kong Records Higher Attributable Profit in H1

MT NewswiresSep 6 08:58 ET

2024 Interim Report

HKEXSep 6 07:01 ET · Announcements

Is it urgent enough to reduce the interest rate on existing housing loans? In the first half of the year, the non-performing balance of personal loans in the six major state-owned banks has reached 352 billion yuan, and the non-performing rate has general

In the first half of this year, the total amount of non-performing loans of the six major state-owned banks has reached 352.091 billion yuan, exceeding the 300 billion yuan threshold for the first time. Compared with the data from early 2024 (291.371 billion yuan), it can be calculated that in the first half of the year, the six major state-owned banks added approximately 60.7 billion yuan of non-performing loans. Industry insiders believe that in the current environment, it is not advisable to excessively rely on reducing existing housing loans to play a greater role in promoting consumer spending.

cls.cnSep 6 05:31 ET