China Everbright Bank Reports Stable Growth Amid Challenges
Brokerage morning meeting highlights: The industry allocation recommendations for April should focus on two main lines.
At today's Brokerage morning meeting, Galaxy Securities stated that the characteristics of a short-term structural economic recovery remain evident, with industries related to new productive forces performing better; HTSC believes that increased investment in global AI computing power is expected to drive the performance of businesses in sectors such as Optical Communications to remain positive; China Securities Co., Ltd. suggested that the industry allocation recommendations for April should focus on two main lines.
It is the "last day" for Consumer loan interest rates below 3%, and many Banks are still rushing to attract customers, fearing increased pressure on future lending.
① Many Banks are promoting a slogan "Last Day of Low Interest Rates", urging customers to quickly check their limits and receive interest rate coupons for withdrawals; ② Several Banks' Crediting personnel are concerned that an increase in Consumer loan rates may lead to a decrease in interest, continuing to increase lending pressure.
China Everbright Bank's 2024 Profit Rises 2%; Net Interest Income Misses Estimate
CEB BANK (06818.HK) will release its Earnings Reports on March 28.
$CEB BANK (06818.HK) will release its Earnings Reports on March 28, investors please pay attention. How was the previous performance? $CEB BANK (06818.HK) 2024 Q3 revenue is 32.62 billion yuan, Net income is 13.982 billion yuan, EPS is 0.20 yuan. Futubull tips: 1. There are no strict regulations on the fiscal year division time for stocks listed on the Hong Kong and US markets; it is entirely decided by the enterprises themselves, so each earnings report period can serve as the cutoff date for the company's annual report, rather than using the calendar year as the fiscal year. 2. Generally, the company will publish the above Earnings Reports.
Insight into the 2024 Banking Earnings Conference | Executives of China Everbright Bank expect a greater decrease in deposit interest rates this year, maintaining cautiousness regarding pressure on net interest margins.
① Considering that some fixed-term deposits will mature in a concentrated manner this year, it is expected that the decline in deposit interest rates will be even greater this year, reaching more than 25 basis points; ② Regarding the possibility of a reserve requirement ratio cut and interest rate reduction, China Everbright Bank's Vice President Liu Yan stated that only structural price changes are expected in the short term, and an overall interest rate cut may still need to wait for a period of time.
The Ministry of Finance actively supports the large state-owned commercial Banks in replenishing their core Tier 1 capital.
① The Ministry of Finance will issue the first batch of 500 billion yuan special government bonds in 2025, which will be used to support the Bank Of China, China Construction Bank Corporation, Bank Of Communications, and Postal Savings Bank Of China in replenishing their core Tier 1 capital; ② Currently, state-owned large commercial banks are operating steadily, with stable asset quality and sufficient provisions. Supplementing capital through special government bonds will enhance their robust operational capability, promote high-quality development, and better serve the real economy.
Brokerage morning meeting highlights: Focus on economic performance exceeding expectations or new catalysts in Technology, and emphasize structural opportunities in Technology and the pro-cyclical main line.
At today's Brokerage morning meeting, China Securities Co.,Ltd. suggested focusing on the economy exceeding expectations or new catalysts in Technology, emphasizing structural opportunities in Technology and pro-cyclical main lines; KSY Securities believes that the overall Hong Kong stock market has not yet entered a full bull market rally stage; HTSC stated that the overall lithium battery production scheduling in April has improved month-on-month, Bullish on the marginal continuous improvement of supply and demand in the Industry Chain.
China Everbright Bank Co., Ltd. 2024 Annual Report
Summary of the 2024 Annual Report of China Everbright Bank Co., Ltd.
CEB BANK (06818) controlling Shareholder Everbright Group has cumulatively increased its Shareholding by approximately 0.122 billion shares of A shares. The Shareholding plan has been implemented.
CEB BANK (06818) announced that in order to fully leverage its role as the controlling shareholder of the company, it will communicate its vision for the company's future development...
China Everbright Bank Announces Final Dividend for 2024
CEB BANK (06818) reported a 2.22% year-on-year increase in Net income for 2024, with a dividend of 0.85 yuan per share.
Jinwu Financial News | CEB BANK (06818) released its annual report for 2024, achieving revenue of 135.595 billion yuan for the year, a year-on-year decrease of 6.96%; the net income attributable to the bank's shareholders was 41.696 billion yuan, an increase of 2.22% year-on-year. As of the end of 2024, total assets amounted to 6.96 trillion yuan, an increase of 2.75% compared to the end of the previous year; the non-performing loan ratio was 1.25%, unchanged from the previous year; the provision coverage ratio was 180.59%, and the capital adequacy ratio was 14.13%. The Board of Directors proposed a final cash dividend of 0.85 yuan per share (including tax), totaling approximately 50.22.
CEB BANK: 2024 ANNUAL RESULTS ANNOUNCEMENT
China Everbright Bank (601818.SH): Everbright Group has cumulatively increased its Shareholding by 0.21%.
On March 28th, Glory Link reported that China Everbright Bank (601818.SH) announced that as of the date of this announcement, Everbright Group has cumulatively increased its shareholding in the bank's A-shares by 121,943,100 shares through the centralized bidding method of the Shanghai Stock Exchange system, accounting for 0.21% of the bank's total share capital, with a total investment amount of 403,492,111 yuan (excluding transaction fees). The cumulative investment amount has reached the lower limit of the shareholding plan, and this shareholding plan has been completed.
Express News | China Everbright Bank Says 2024 Net Profit up 2.2%
The "Banks selling private placements" new regulations must pay attention to these six core impacts, which also involve Famous Fund Hold Position managers "going private."
① New regulations for Banks' agency sales products have been implemented, with private placement becoming the biggest highlight; ② Raising the threshold and standardizing the entire sales process, with the head office being responsible, emphasizing 'strictness'; ③ Protecting investors throughout the process, with older products gradually exiting.
Brokerage morning meeting highlights: The points of general Consumer are gradually increasing, focusing on high cost-performance directions.
In today's Brokerage morning meeting, HTSC suggested that the highlights of the Consumer sector are gradually increasing, recommending the selection of high cost-performance directions; China International Capital Corporation believes that with the MLF restarting net injection after 8 months, it may imply a decrease in the probability of short-term reserve requirement cuts; China Securities Co.,Ltd. indicated that the Hardware and Software of the AI Industry Chain resonate simultaneously and recommends paying attention to the ongoing changes in the AI industry.
Focusing on the high-quality development of the China debt market, the 2025 ICMA China Debt Capital Markets Annual Conference was held in Beijing.
On March 19, the 2025 ICMA China Debt Capital Markets Annual Conference, organized by the International Capital Markets Association (ICMA), was held in Beijing.
State-owned banks are aggressively entering the market, will personal consumer loans become the new "king of competition"? Industry insiders say: the market space has not yet reached its peak.
In recent days, many major banks have successively announced relevant special plans and vigorously entered the Consumer loan market. Since the beginning of the year, the interest rates on bank Consumer loans have successively broken the "2.6" and "2.5" thresholds, with the lowest rate now dropping to around 2.4%. The state-owned large banks first squeezed not the space of local commercial banks, but rather various illegal and legal online lending and Internet loan platforms. However, banks still need to strengthen risk management to reduce subsequent non-performing loans.