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China mainland banking stock price surged, harbin bank (06138) rose by 4.41%. Institutions view the bank's allocation value favorably against the backdrop of a comprehensive policy implementation.
Golden Eagle Financial News | China mainland banking stocks strengthened, as of the time of writing, Harbin Bank (06138) rose 4.41%, ZYBank (01216) rose 1.67%, Bank of Tianjin (01578) rose 1.2%, Minsheng Bank (01988) rose 1%, China Citic Bank Corporation (00998) followed suit. On the news front, Citic Sec stated that the core operating elements of the banking industry are running steadily, with the fundamental variables of the sector entering a stable period against the backdrop of the previous comprehensive policy implementation. Overall, the changes in investor funding and macro policy expectations in the next phase have become marginal variables affecting the trend of banks, and we tend to point towards
In November, the MLF volume continued to shrink. Previously, the 500 billion buy-back reverse repurchase has released medium-term liquidity ahead of schedule. The industry expects the reserve requirement ratio cut to be implemented faster.
①The funding operation mode of shortening and lengthening funds continues. On the one hand, the central bank continues to reduce the MLF operations volume, reduce the existing stock to mitigate its impact on the liquidity market. On the other hand, short-term funds continue to be net injected to hedge against cross-month fund pressure, strengthening the guiding position of reverse repurchase agreements on market interest rates. ②Local government bonds are centrally supplied, and the MLF is likely to see a quicker implementation under the reduced volume environment.
Liu Yonghao once again trusts minsheng bank
Why add more investment?
Rare! This rural commercial bank is offering a 5-year fixed deposit interest rate of 1.5%, which is lower than the 1.55% level of state-owned banks. It is referred to as a "case" in the industry.
①Recently, Wuxiang Rural Commercial Bank adjusted the deposit execution interest rates, lowering the execution interest rates for personal fixed-term deposits of two years, three years, and five years to 1.5%, with the five-year execution interest rate being lowered below the lowest level of the state-owned banks' published rates. ②The phenomenon of the aforementioned rural commercial bank reducing rates beyond the mid- to long-term levels of state-owned banks is still considered an isolated case.
The next stage of revenue growth still faces pressure! Minsheng Bank's earnings conference revealed: risks in micro, retail credit are rising, with the adjustment amount of existing mortgage interest rates reaching approximately 380 billion yuan.
In the first three quarters, minsheng bank's revenue and net income attributable to the parent decreased by 4.37% and 9.21% respectively year-on-year. Management openly stated that the company's revenue growth will still face certain pressure in the next stage. minsheng bank took the initiative to centrally and uniformly adjust the inventory housing loans that meet the conditions, with a total of approximately 0.5 million adjustments and an adjusted amount of approximately 380 billion yuan, with a reduction of 37 basis points.
Banks' dormant account cleanup is gradually extending to corporate accounts. This rural commercial bank announced that it will clean up long-suspended accounts of units, and many other banks are also handling this.
On the morning of November 20, Jinchang Rural Commercial Bank announced that it will clean up and close some unit bank settlement accounts that have been inactive for a long time. Recently, some banks have adopted similar practices to Jinchang Rural Commercial Bank, including Dangyang Rural Commercial Bank, China Construction Bank Weifang Branch, Bank of Nanjing.
Investors in China Minsheng Banking (SHSE:600016) Have Unfortunately Lost 16% Over the Last Five YearsNo Data
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