No Data
No Data
Express News | Shanghai-Listed Shares of China's "Big Four" State Banks Hit Record Highs
Banks' giants have reached a new high in history! In recent days, northbound funds have been significantly buying up, and the active capital trend has been reviewed. These directions are also receiving hot money for increased positions.
Recently, bank stocks have shown strong performance, especially large-cap giants, with frequent stock price activity. Among them, Industrial and Commercial Bank of China, Construction Bank of China, and Bank of China hit a historic high today. Northbound funds have recently focused on adding holdings in the banking sector, with nearly 90% of bank stocks receiving shareholding in the past five days, and eight individual stocks having a net purchase amount greater than 0.1 billion yuan. In addition to the banking sector, Northbound funds have recently also focused on adding holdings in the electrical utilities, insurance, and securities sectors, while margin financing funds have favored the consumer electronics and chemical pharmaceuticals sectors in recent days.
Banks are intensively launching deposit benefits campaigns, and the effort to attract deposits is increasing. Can the idea of "high interest to attract deposits" be continued?
- With the further reduction of deposit interest rates and the emergence of deposit migration phenomenon, many banks have launched a series of deposit-related welfare activities to attract and stabilize deposits. - Experts believe that attracting deposits with welfare and gifts still has the suspicion of "high-interest deposits", which will inevitably increase the liabilities cost of some banks. Therefore, banks need to closely follow the pain points of customer preferences to improve the quality of financial services.
China PengFei Group Unit Buys Two Wealth Management Products
S&P Assigns A Rating to Bank of China Frankfurt Branch's Proposed Bonds
Sustainable Fitch Says Bank of China Frankfurt Branch's SGS Bond Framework Aligned With Standard Market Practices
No Data