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Express News | JPMorgan Chase & Co's Long Position in H Shares of China Merchants Bank Increases to 6.52% on Sept 25 From 5.98% - HKEX
Trending Stocks Today: CAROTE LTD Surges 52.42%
Trending Industry Today: CHINA VANKE Leads Gains In Greater Bay Area Stocks
fosun pharma plans to provide guarantee for its holding subsidiary Fosun Pharma Industry.
Fosun Pharma (02196) announced that the company intends to provide a joint and several liability guarantee for the debts under the credit limit not exceeding the equivalent of RMB 0.85 billion applied by the holding subsidiary Fosun Pharma Industry to CM Bank; the holding subsidiary Suzhou Er Ye intends to provide a joint and several liability guarantee for the debts under the financing not exceeding RMB 15 million applied by its holding subsidiary Shandong Er Ye to Agricultural Bank of Lai.
After the official announcement of the new round of reduction in existing home loan interest rates, the Construction Bank is "snatching up" new home loans! Targeting the golden week, many state-owned large bank branches are also taking action.
1. The Construction Bank took the lead in deploying the National Day housing loan discount promotion for the 'Golden September and Silver October' season, becoming the first state-owned major bank to launch this activity after the announcement of adjustments to existing housing loans. 2. In addition to Construction Bank's national housing loan marketing campaign, some state-owned major banks' local branches and sub-branches are also taking action. 3. Despite the pressure of adjusting interest rates on existing housing loans, mortgage loans, as high-quality credit assets, have always been a battleground for various banks.
Bank stocks are showing strong momentum, shengjingbank (02066) rose by 17.39%, interest rate cuts and reserve requirement ratio cuts implemented.
Jingu Financial News | Banking stocks have shown a strong upward trend, with shengjingbank (02066) rising by 17.39%, Dongguan Rural Commercial Bank (09889) rising by 4.43%, cbhb (09668) rising by 4.26%, zybank (01216) rising by 3.23%, cm bank (03968) rising by 2.26%, china zheshang bank (02016) rising by 1.9%. On the news front, the People's Bank of China and two other departments have issued a "policy gift package," which has eased the market's concerns about banks. Today, the People's Bank of China announced that starting from September 27, 2024, it will reduce the reserve requirement ratio for financial institutions by 0.5 percentage points.
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