Trending Stocks Today: SH ELECTRIC Surges 21.77%

Moomoo News01:30 ET

Large banks are accelerating their expansion to lower-tier cities! The balance of inclusive small and micro loans is increasing while interest rates are decreasing. Small and medium-sized banks are speeding up to attract customers.

From the perspective of inclusive finance, state-owned banks continue to lower the average interest rate on inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Joint-stock banks and city commercial banks, on the other hand, compete for customers based on service quality.

cls.cnNov 4 10:16 ET

Citic Sec: The implementation of advanced methods of capital measurement is progressing in an orderly manner. It is recommended to reevaluate the investment value of banks.

From the perspective of investing in the banking sector, the revenue growth rate and profit growth rate of listed banks in the third quarter have both improved, with overall sound asset quality. Currently in the observation period of the macroeconomic policy effects, the subsequent policy support is expected to help alleviate real risks, especially the credit risks of the urban investment and real estate sectors, providing a solid foundation for the stability of the banks' net assets.

Zhitong FinanceNov 3 19:38 ET

Social security fund heavyweight stocks arrived in the third quarter!

With the completion of the third quarterly report disclosure, the social security fund's holding positions in the third quarter have gradually emerged. According to Wind data, as of the end of the third quarter, the social security fund appeared in the top ten circulating shareholders of 563 listed companies, with a total of 377 stocks held by the social security fund exceeding one billion, accounting for 66.96%. Social security fund's heavyweight in fund is mainly concentrated in the banking, insurance, and other large financial industries. The agricultural bank of china, industrial and commercial bank of china, the people's insurance, bank of communications are the top four holding positions of the social security fund, with holdings valued at 112.901 billion yuan, 76.21 billion yuan, 41.706 billion yuan, and 22.978 billion yuan respectively.

Gelonghui FinanceNov 1 23:13 ET

Minsheng Securities: In the third quarter of 2024, the performance growth rate of the six major state-owned industries has marginally improved, and the asset quality remains stable.

In the third quarter of 2024, the six major banks' overall operations are stable, with the asset scale steadily expanding, and the asset quality maintained at a reasonable level.

Zhitong FinanceNov 1 03:20 ET

ch energy eng Shareholder received support for A-share shareholding funds loan.

ch energy eng (03996) announced that recently, the company received a notice from China Energy Engineering Group, actively responding to and fully utilizing the policy tools of the regulatory authorities to 'support shareholding of stocks'. China Energy Engineering Group signed a 'Shareholding Loan Agreement' with Industrial and Commercial Bank of China Limited (referred to as 'ICBC'). ICBC intends to provide financing support for China Energy Engineering Group to increase its shareholding in the listed company, with a loan amount not exceeding RMB 0.3 billion, dedicated to China Energy Engineering Group's current shareholding plan. Therefore, the source of funds for this shareholding plan is China Energy Engineering Group's own funds and financial inst

Sina Hong Kong StocksOct 31 19:36 ET