The central bank conducted standing lending facility operations for Financial Institutions in February totaling 1.901 billion yuan.

On March 3, the People's Bank of China disclosed that to meet the temporary liquidity needs of Financial Institutions, in February 2025, the People's Bank conducted a total of 1.901 billion yuan in standing lending facility operations for Financial Institutions.

Zhitong FinanceMar 3 04:16 ET

JP Morgan: Ping An Insurance still has room for increasing Private Equity investments in China Mainland Banking, expecting Agricultural Bank Of China, Postal Savings Bank Of China, and China Merchants Bank.

JPMorgan released a Research Report noting that according to the data from the Stock Exchange, for Banks that are dual-listed as AH Stocks, the southbound holding ratio increased by 0.8 percentage points last December, and has risen by 2 percentage points so far this year. Agricultural Bank Of China (01288), CM BANK (03968) and Industrial And Commercial Bank Of China (01398) are the main beneficiaries and may outperform the market.

Sina Hong Kong Stock.Mar 2 20:56 ET

J.P. Morgan: Ping An Insurance (02318) still has room for increasing Private Equity in China Mainland Banking, and expects Agricultural Bank Of China (01288), Postal Savings Bank Of China (01658), and CM BANK (03968) to outperform the market.

Morgan Stanley believes that without regulatory approval, the room for Ping An Insurance to increase its shareholding in the Industrial And Commercial Bank Of China and China Construction Bank Corporation is limited.

Zhitong FinanceMar 2 20:30 ET

CITIC SEC: Market style stabilizes, Banks stocks are expected to continue a steady upward trend.

Overall, the policies since the fourth quarter have a direct effect on stabilizing financial risks. During the Two Sessions, the likelihood of those policies significantly exceeding expectations is low, but the 'uncertain' policies are moving towards 'certainty'. Therefore, bank stocks are expected to continue a steady upward trend.

Zhitong FinanceMar 2 20:13 ET

February 28 Insurance Daily丨Enhancing the quality and efficiency of green financial services, two departments released a plan! Catastrophe Insurance continuously receives policy briefings, and the investment enthusiasm of insurance funds is rising.

To enhance the quality and efficiency of green financial services, two departments released a plan as part of the financial "five major articles". Green finance is ushering in a high-quality development implementation plan. On February 27, regarding the effective completion of the financial "five major articles", the National Financial Regulatory Administration and the People's Bank of China jointly issued the "Implementation Plan for High-Quality Development of Green Finance in Banks and Insurance Industries", outlining the green finance development goals for the next five years, including strengthening financial support in key areas and improving the green financial service system among the key tasks. By the end of 2024, 21 major banks' green Crediting balance will reach 32.78 trillion yuan, a year-on-year increase of 20.61%.

Market NewsFeb 28 00:22 ET

February 27 Insurance Daily | The threshold for Hong Kong and Macau Financial Institutions to invest in mainland Insurance companies is further lowered, with Insurance funds continuously purchasing with a strong preference for Banks stocks.

The threshold for Hong Kong and Macau Financial Institutions to invest in mainland Insurance companies has been further lowered. Recently, the Financial Regulatory Administration issued a notice regarding the investment of Hong Kong and Macau Financial Institutions in Insurance companies. The main content of the notice is that, starting from March 1, 2025, Hong Kong and Macau Financial Institutions will no longer be subject to the requirement of 'total assets not less than two billion US dollars at the end of the most recent year' for investing in domestic Insurance companies. The Financial Regulatory Administration stated that the notice is an important measure to orderly expand financial opening-up, which is beneficial for mainland Insurance companies to attract quality investments from Hong Kong and Macau Financial Institutions, further enhancing their capital strength and optimizing their equity structure.

Market NewsFeb 26 23:39 ET