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State-owned major banks are taking action again, the bank of communications has raised the debit card Alipay quick payment limit, and three national banks have launched a "raising limit action".
On the afternoon of November 7, bank of communications announced on its official website that starting from November 18, 2024, the quick payment limit of bank of communications debit cards in Alipay consumer scenarios will be increased to RMB 0.2 million per transaction, RMB 0.2 million per day, and RMB 6 million per month. Recently, postal savings bank of china and cm bank have also increased the quick payment limits for their debit cards on Alipay or WeChat.
Brokerage morning meeting highlights: China's semiconductor industry's domestic market demand and self-controllable direction are clear.
At today's brokerage morning meeting, citic sec believes that the domestic market and self-controllable direction are clear development directions for China's semiconductor industry; gtja pointed out that the improvement in domestic demand is expected to continue to heat up, highlighting the elasticity of baijiu; htsc stated that bank performance is expected to stabilize, seizing structural opportunities.
Chinese Banks Boost Cross-Border Lending for Higher Returns
Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.
①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.
Bank stocks generally rose, with cm bank (03968) up 3.23%. Institutions point out that the policy turning point accumulates positive factors in the basic fundamentals of banks.
King Financial News | Banking stocks generally rise, ZYBank (01216) up 9.38%, CM Bank (03968) up 3.23%, Industrial and Commercial Bank of China (01398) up 3.16%, Postal Savings Bank of China (01658) up 2.44%, Bank of Communications (03328) up 2.01%, China Construction Bank Corporation (00939) up 1.97%, China CITIC Bank Corporation (00998) up 2%. Galaxy Securities stated that bank revenue and net profit have recovered, interest rate spreads have narrowed, the optimization effect of liability costs is gradually emerging, and major banks' crediting and risk resilience are expected to benefit from the national capital increase. Finance
Express News | Bank of Communications Says Huang Hongyuan Steps Down From Vice President Post Due to Age
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