【Brokerage Focus】CITIC SEC: Investment in bank stocks is still driven by the main logic of bullish valuation uplift due to the reevaluation of business models.

Jinwu Financial News | CITIC SEC stated that the Financial Management Bureau has issued a notice on developing consumer finance to boost consumption, which may help various Banks increase the scale and quality of Consumer Crediting, with high-quality retail lending Banks likely benefiting more. In terms of Sector investment, Banks are entering the Earnings Reports season, and investors are focusing on the fundamental elements and profit results of marginal changes. The bank expects that the credit issuance strategy of listed Banks will remain positive in the first quarter of 2025, the pricing of Assets will remain stable, the interest margin will decline as expected but less than anticipated, and the year-on-year decline in net interest income will stabilize; affected by fluctuations in the funding market interest rate, some Banks' non-interest income will experience a quarter-on-quarter change.

金吾财讯20:53 ET

China Merchants Bank is quietly racing towards new heights.

Look up a little.

Gelonghui FinanceMar 23 04:25 ET

Focusing on the high-quality development of the China debt market, the 2025 ICMA China Debt Capital Markets Annual Conference was held in Beijing.

On March 19, the 2025 ICMA China Debt Capital Markets Annual Conference, organized by the International Capital Markets Association (ICMA), was held in Beijing.

cls.cnMar 20 19:47 ET

State-owned banks are aggressively entering the market, will personal consumer loans become the new "king of competition"? Industry insiders say: the market space has not yet reached its peak.

In recent days, many major banks have successively announced relevant special plans and vigorously entered the Consumer loan market. Since the beginning of the year, the interest rates on bank Consumer loans have successively broken the "2.6" and "2.5" thresholds, with the lowest rate now dropping to around 2.4%. The state-owned large banks first squeezed not the space of local commercial banks, but rather various illegal and legal online lending and Internet loan platforms. However, banks still need to strengthen risk management to reduce subsequent non-performing loans.

cls.cnMar 20 02:24 ET

The LPR Quote for March is out: both the 5-year and 1-year rates remain unchanged.

The loan market Quote interest rate (LPR) for March has been announced: 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%, the same as last month at 3.1%.

cls.cnMar 19 21:02 ET

Minsheng Securities: The action of insurance funds increasing their holdings in Banks is still ongoing, with high growth and high dividend symbols being the preferred choice in the Sector.

According to the disclosure from the Hong Kong Stock Exchange,瑞众人寿 increased its shareholding in China CITIC Bank Corporation (00998) by 3 million Listed in Hong Kong shares on March 12, at a price of 5.9439 Hong Kong dollars per share, totaling 17.8317 million Hong Kong dollars.

Zhitong FinanceMar 19 18:51 ET