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Hong Kong stock movement | DRCB (09889) surged over 10% at the end of trading. The trend of consolidation and restructuring among small and medium-sized Banks is obvious, and there is further room for improvement in Bank valuations.
DRCB (09889) rose more than 10% in the last trading minutes; as of the time of writing, it is up 8.57%, priced at 3.8 Hong Kong dollars.
Express News | Corrected-Dongguan Rural Commercial Bank Co Ltd - 9M (Not Qtrly) Net Profit RMB4,765 Mln (Adds Dropped Words)
drcb (09889) released its performance for the first three quarters, with a net income of 5.244 billion yuan, a year-on-year increase of 10.05%.
drcb (09889) released the performance report for the first three quarters of 2024, with the group achieving a net interest income of 8...
drcb(09889.HK) achieved a net income of 4.765 billion yuan in the first three quarters.
On October 29, Geelong reported that drcb (09889.HK) announced that the net income for the nine months ending on September 30, 2024 was 4.765 billion yuan. As of September 30, 2024, the capital adequacy ratio under the consolidated basis of Group 1104 was 16.38%, Tier 1 capital adequacy ratio was 14.21%, and core Tier 1 capital adequacy ratio was 14.18%.
Express News | Dongguan Rural Commercial Bank - 9M Net Interest Income RMB6.96 Bln
Express News | Dongguan Rural Commercial Bank Co Ltd - as at Sept 30, Capital Adequacy Ratio 16.38%
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