China Mulls Injecting at Least 400 Billion Yuan Into Major Banks, Bloomberg Reports, Citing Sources

Dow JonesFeb 26 02:57 ET

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

MT NewswiresFeb 25 21:43 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

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

In February, the LPR Quote was released: the interest rates for both 5-year and 1-year terms remain unchanged.

The loan market quote rate (LPR) for February has been released: the LPR for more than 5 years is 3.6%, the same as last month at 3.6%. The 1-year LPR is 3.1%, unchanged from last month at 3.1%.

cls.cnFeb 19 20:07 ET

Hong Kong Banking Sector Rallies to Support Struggling SMEs

MT NewswiresFeb 18 04:42 ET

After 28 days of explosive growth, the banking industry's "DeepSeek moment" raises three questions: Will CSI Information Security Index be the biggest obstacle?

① The biggest obstacle to the large-scale application of DeepSeek is still the CSI Information Security Index issue. Currently, Banks are generally "waiting" and observing the attitude of financial regulatory bodies towards DeepSeek. ② From a cost perspective, DeepSeek will indeed be more Bullish for small and medium-sized Banks in the early stages. However, when considering customer numbers, asset scale, and data quality, large Banks undoubtedly have more advantages.

cls.cnFeb 18 01:08 ET

BJ DIGITAL subscribed to the structured deposit products for 2025.

BJ DIGITAL (06188) announced that on February 17, 2025, its wholly-owned subsidiary Zhuhai BJ DIGITAL entered into a structured deposit agreement with the Bank Of Communications, under which Zhuhai BJ DIGITAL agreed to subscribe for a structured deposit of 0.14 billion yuan. On February 17, 2025, Zhuhai BJ DIGITAL entered into a structured deposit agreement with the Industrial Bank, under which Zhuhai BJ DIGITAL agreed to subscribe for a structured deposit of 50 million yuan.

新浪港股Feb 17 20:17 ET

Zhejiang Dafeng Industry (603081.SH): Received the "Bank Of Communications Share Buyback Loan Commitment Letter."

On February 17, Gelonghui reported that Zhejiang Dafeng Industry (603081.SH) announced that it has recently obtained the "Bank Of Communications Share Buyback Loan Commitment Letter" issued by the Ningbo Yuyao Branch of Bank Of Communications, committing to a loan limit of no more than 135 million yuan, solely for the purpose of buying back the company's shares.

Gelonghui FinanceFeb 17 08:10 ET

CITIC SEC: The next phase of absolute returns in the Banks sector is still worth期待. Two main lines are recommended.

CITIC SEC's Research Reports state that the performance summaries released for 2024 show that the overall operation of the listed Banks is stable.

Zhitong FinanceFeb 16 19:56 ET

Zhitong Hong Kong Stock Shareholder Equity Disclosure | February 17

Disclosure of Shareholder equity in Hong Kong stocks | February 17.

Zhitong FinanceFeb 16 19:05 ET

【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.

Jinwu Financial NewsFeb 11 19:41 ET

Citigroup: It is expected that the Bank of Communications and CQRC BANK exceeded expectations with significant earnings growth last quarter.

Citigroup released a research report stating that based on the latest operational trends, the expected year-on-year changes in revenue/profit for banks in the interior are projected to be 0% and +2.1% respectively, compared to -1.2% and +1.4% in the first nine months. The main reasons include the impact of the 924 policy, expecting significant growth in retail loans in the fourth quarter; in the fourth quarter, due to the rise in the bond market, substantial trading profits are anticipated; and the low performance base of Q4 2023 provides a favorable comparison for growth. Among the banks covered by Citigroup, Bank Of Communications (03328) and CQRC BANK (03618) are expected to perform well in 2024.

Sina Hong Kong StockFeb 10 01:46 ET

CITIC SEC: The Banks Sector returns to the fundamental framework, focusing on absolute return opportunities.

The difference between the dividend yield and the risk-free yield has widened, which also implies an enhancement in the potential allocation strength of Banks stocks.

Zhitong FinanceFeb 9 20:13 ET

Ciwen Media Co.,Ltd. (002343.SZ): Obtained the commitment letter for the Share Buyback special loan from Financial Institutions.

On February 7, Gelonghui reported that Ciwen Media Co.,Ltd. (002343.SZ) announced it has received a "Share Buyback Shareholding Loan Commitment Letter" issued by the Jiangxi branch of the Bank Of Communications, which commits to providing the company with a loan of up to 18 million yuan, specifically for the purpose of repurchasing the company's shares.

Gelonghui FinanceFeb 7 06:18 ET

The central bank: In January, the operations of the standing lending facility for Financial Institutions totaled 17.105 billion yuan.

In January 2025, the People's Bank conducted standing lending facility operations for Financial Institutions totaling 17.105 billion yuan, including 11.335 billion yuan for overnight, 1.77 billion yuan for 7-day, and 4 billion yuan for 1-month periods.

Zhitong FinanceFeb 5 03:32 ET

After the emergence of DeepSeek, multiple Banks have initiated in-depth research testing, and the implementation of large models in the Industry is still in open exploration.

Several Banks' fintech leaders have expressed to the Financial Associated Press that they are already paying attention to and beginning to study the impact of DeepSeek on bank fintech. As models like DeepSeek can greatly reduce training and usage costs, they will provide significant assistance for the future widespread application of large models in Banks. However, large models in the banking system are still in the phase of open exploration.

cls.cnFeb 5 00:31 ET

【Brokerage Focus】CITIC SEC indicates that the advantages of Banks' net asset safety and ROE stability will continue to attract allocation demand and that the Sector's valuation still has upward potential.

Jinwu Financial News | CITIC SEC stated that in the fourth quarter of 2024, the Fund Hold Positions ratio in the banking sector is expected to increase significantly, primarily due to the continuation of absolute revenue logic in the sector. Especially after the important meeting at the end of December 2024, the market's policy game is coming to a halt, leading to a shift of some funds towards a conservative allocation style. Additionally, as the end of 2024 and the beginning of 2025 gradually enter the season for allocating incremental insurance funds, both absolute and relative returns in the banking sector are expected to perform well. From December 16 to December 31, 2024, the China CITIC Bank Corporation stock index rose by 4.9%, while the Wind All A Index fell by 4.0% during the same period.

King Wu Financial NewsJan 26 19:30 ET

Optimism for Bank of Communications (HKG:3328) Has Grown This Past Week, Despite One-year Decline in Earnings

Simply Wall StJan 25 19:28 ET