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Songdu Service (09608) subsidiary subscribes to 50 million yuan structured deposit products.
Songdu Services (09608) announced that, in order to make full use of the group's idle funds for better returns, in 2025...
Express News | Sundy Service Co Ltd - Unit to Subscribe for Structured Deposit Product of RMB50 Mln From China Minsheng Bank
China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation
The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.
The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.
China Minsheng Banking Sells 20 Billion Yuan Bonds
Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.
① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.