For the first time in history! The largest Shareholder of Shanghai Pudong Development Bank has increased their Shareholding in the secondary market, and bank stocks with a Low P/b Ratio are attracting capital favor.

① A relevant person from Shanghai Pudong Development Bank confirmed to the Financial Association reporters that the largest Shareholder, International Group, is making its first-ever Shareholding in the bank from the secondary market. ② The market reacted strongly, believing that there are two possible reasons for the Shareholding: implementing Market Cap management and addressing Convertible Bonds issues.

cls.cnDec 19 21:08 ET

Another photovoltaic leader is heading to the Middle East. JA Solar Technology plans to invest 4 billion yuan to build Battery component production capacity in Oman | Quick read announcement.

① After planning projects in Egypt, JA Solar Technology announced plans to invest in Oman to build a project with an annual production capacity of 6 GW of high-efficiency Battery cells and 3 GW of high-power Battery modules, with a total investment of nearly 4 billion yuan; ② The Middle East and North Africa region has become a new destination for photovoltaic export, with many Chinese companies officially announcing plans and progress, aiming for production as early as 2025.

cls.cnDec 19 10:47 ET

For the first time since 2008? The largest shareholder Shanghai International Group has acted to increase its shareholding in Shanghai Pudong Development Bank, with a maximum limit of 94 million shares, promising not to reduce its shareholding within five

① The company commits not to shareholding the shares it holds in the company during the implementation of this shareholding plan and within 5 years after its completion. ② Wind Statistics show that this shareholding marks the first time Shanghai International Group has increased its holdings in Shanghai Pudong Development Bank in the secondary market after the affiliated company's receipt of a portion of shares transferred from the Shanghai Shibei Group in 2008.

cls.cnDec 19 10:18 ET

With a strong background from major companies, the Chief Information Officer of Industrial Bank has taken office.

Tang Jiacai has been appointed as the Chief Information Officer of the company.

wallstreetcnDec 18 09:03 ET

Triggering strong redemption! The Bank Of Chengdu has decided to exercise the early redemption right. How should investors operate?

① Redeeming convertible bonds early can reduce future interest expenses for the Bank Of Chengdu, and it may also encourage some convertible bond investors to accelerate their decision to convert to shares. ② Currently, the pace of share conversion for investors in Chengyin convertible bonds is accelerating. As of December 18, the proportion of unconverted bonds has decreased from 40.15% a week ago to 28.32%.

cls.cnDec 18 08:25 ET

The State-owned Assets Supervision and Administration Commission strengthens market cap management of controlling listed companies; unprofitable central enterprises are expected to gain a competitive edge.

The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.

cls.cnDec 17 19:01 ET