No Data
No Data
China Everbright Bank Schedules 2025 General Meeting
Major bank rating丨Bank of China International: The Silver fundamentals will remain stable next year, with Agricultural Bank being the top choice.
Bank of China International published a report stating that as of December 10, the CSI China Mainland Banks Index has risen by 32.7% this year, outperforming the Hang Seng Index's growth of 19.1%. Looking ahead to next year, considering that the decision-making body may continue to introduce more MMF and fiscal policies, the fundamentals of the banking Industry will remain robust, and it is believed that the Listed in Hong Kong Bank Index may continue to achieve positive returns. The bank noted that as risk-free interest rates decline and geopolitical risks intensify, investors will pay more attention to undervalued high-dividend Listed in Hong Kong bank stocks. Additionally, the Ministry of Finance stated that it would issue special government bonds to supplement the capital of large commercial banks. The bank maintains a "Buy" rating on the banking Industry.
Market Chatter: Former China Everbright's Chairman Sentenced to 12 Years in Jail Over Corruption
Express News | China Everbright Group Former Chairman Tang Shuangning Sentenced to 12 Years in Prison Over Corruption, Bribery - State Media
The interest rates for consumer loans at some "2"-tier banks will decrease by 10 basis points again in December, while the lowest interest rate at major banks has already dropped by 50 basis points this year.
① The consumer loan products promoted by banks with extremely low interest rates are mostly aimed at high-quality customers, so it is important for customers to pay attention to the actual interest rate level when applying, and then decide whether to borrow. ② The reduction in personal consumer loan interest rates helps to lower the costs for holders of consumer crediting, promoting demand for consumer crediting, and thus driving consumption.
As the year-end approaches, many banks are warning about the "standard usage of credit cards" and will periodically take control measures against abnormal customers.
Since late November, more than ten banks have intensively issued reminders about the "standard use of credit cards," including several national commercial banks and many local small and medium-sized banks; on December 6, Qilu Bank issued a reminder that consumers must not rent or lend their credit cards, and it is prohibited for others to make repayments on their behalf, "irregular control will be implemented on abnormal customers."