Industrial and Agricultural Bank of China, among other state-owned banks, have taken action and a new round of deposit rate cuts has officially formed?
According to the Daily Economic News, a major bank will reduce its deposit benchmark interest rate on July 25, with a 20 basis point reduction for a 2-year term. More news is being updated.
Midea's Hong Kong IPO receives a "green light".
May become the largest IPO in Hong Kong this year.
Lucas GC Partners With Bank Of Ningbo To Develop AI Solutions To Enhance Wealth Management Business
90,000, the last defense line of lithium prices? | Jianzhi Research
Has this round of liquidation just begun?
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
Is the “top automotive company” about to fall from its throne?
After 18 years of being the leader of domestic auto companies, SAIC Motor Corporation's throne is about to be challenged. Recently, the sales figures for May have been released by automakers, with SAIC Motor Corporation holding the top spot with wholesale sales of 332,000 vehicles. However, the challengers are already at the doorstep, with BYD Company Limited following closely behind with a slight gap (330,500 vehicles). This new energy 'tyrant' is still attacking fiercely, and institutions predict that it is likely to surpass SAIC Motor Corporation in many aspects in the second quarter. A new king is about to be born, and the history of the domestic auto industry dominated by joint ventures will be rewritten, leaving little room for SAIC to retreat. However, SAIC Motor Corporation is not willing to accept this. Since last year, this top automaker has been hitting the accelerator.