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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.
Large banks are accelerating their expansion to lower-tier cities! The balance of inclusive small and micro loans is increasing while interest rates are decreasing. Small and medium-sized banks are speeding up to attract customers.
From the perspective of inclusive finance, state-owned banks continue to lower the average interest rate on inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Joint-stock banks and city commercial banks, on the other hand, compete for customers based on service quality.
The outlook for oil prices is not good! On the eve of OPEC's production increase, usa oil giants are aggressively expanding production.
In the latest quarter, exxon mobil's oil & gas production increased by 24% year-on-year, chevron's production grew by 7%, while royal dutch shell and united kingdom BP increased by 4% and 2% respectively. According to Macquarie, if OPEC resumes production and with additional supply from Brazil and other places, the price of Brent crude oil may fall below $70.
China Shenhua Energy Reports Q3 Results
Will Iran launch attacks against usa before the US election? The international oil market responds by rising again.
①According to sources, Israeli intelligence indicates that Iran will launch attacks on Israel through its proxies in Iraq, expected to occur before the US presidential election; ②The international oil market rose again under this news impact. After Thursday settlement, WTI futures prices rose more than 3%, Brent crude oil futures prices rose more than 2%.
PetroChina Reports 9M Results
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