GTJA Securities: Diluting the obsession with scale and embracing the new norm of social financing.

PBOC Governor Pan Gongsheng pointed out at the Lujiazui Forum that when the growth of monetary and credit has shifted from supply constraints to demand constraints, if the focus is still on the increase in quantity even in the presence of a "size bias", it obviously contradicts the laws of economic operation. It is expected that the motivation behind banks using bills to pledge loans will significantly weaken, and more attention will be paid to the adjustment of loan structure and improvement of business quality and efficiency. Both social financing and credit will enter a "new normal" of growth.

Zhitong Finance23:10 ET

At the end of June, the balance of foreign currency loans in Shanghai reached 11.85 trillion yuan, up 8.6% year-on-year, according to the Shanghai branch of the People's Bank of China.

On July 15, the Shanghai headquarters of the People's Bank of China released the running status of MMF and crediting in Shanghai for the first half of 2024.

Zhitong FinanceJul 15 09:24 ET

Hong Kong stock concept tracking | High dividend strategy drives sector to rise during the year. Institutions are bullish on bank dividend trading opportunities (including concept stocks).

Based on the data disclosed in the previous annual report, the six major state-owned banks will have a total dividend amount of up to 413.341 billion yuan this year.

Zhitong FinanceJul 14 22:41 ET

GF Sec: A summary of the quota and usage of interbank certificates of deposit in the first half of 2024.

Under the policy guidance of idle funds pressure, it is unlikely that state-owned banks will update their filing quotas within the year. In history, only a few urban and rural commercial banks have updated their filing quotas due to the scale of their deposit certificates exceeding the filing quotas, and state-owned banks have no precedent yet.

Zhitong FinanceJul 12 04:32 ET

Hang Seng Index Company: The Hang Seng Stock Connect State-Owned Enterprise Value Index has risen by more than 26% since the beginning of the year, significantly outperforming the market.

Heng Seng Index Company stated that state-owned enterprises have significantly outperformed in the Hong Kong stock market in recent years.

Zhitong FinanceJul 11 04:59 ET

CITIC Securities: Market style may continue, banks still have room for dividend transactions.

According to the Wisdom Finance app, Citic Securities released a research report stating that the bank sector has continued its upward trend in recent times, with funds progressively favoring state-owned banks. Last week, the industry index reached a new high for the year, but there was a downturn on Friday, and the market is highly concerned about the future trend of the situation.

Zhitong FinanceJul 7 20:35 ET