Is it to attract customers to continue buying that Minsheng Bank offers discounts on transaction fees for multiple funds, including a 90% discount for Liu Gesong?

On August 26th, China Minsheng Bank, on the same day that the "Guangfa Industry Select Three-Year Hold Mixed Securities Investment Fund" was open for redemption, released an announcement on its official website regarding transaction fee discounts for certain securities investment funds. According to industry experts interviewed, relying solely on measures such as transaction fee discounts may not be enough to attract mature investors to continue buying Guangfa Fund's related products based on current net value performance.

cls.cn05:22 ET

Will the penalty of Ping An Bank affect the approval of the qualification for employment? After six months of air transfer, Cai Xingfa has not appeared on the list of executives of Huaxing Bank, and the management line has been temporarily handed over to

①At the beginning of the year, only Zhang Xiaoyu remained among the two deputy bank presidents "parachuted", while the former special assistant to the president of Ping An Bank, Cai Xinfan, was not among them; ②Due to regulatory penalties at Ping An Bank, Cai Xinfan will have to wait one year before reapplying for the qualification for the position according to the relevant regulations.

cls.cnAug 27 02:14 ET

China Life Insurance plans to reduce its shareholding in Bank of Hangzhou by 0.11 billion shares. Will clearing out the shares cause fluctuations in the stock price? Who will take over?

China Life Insurance plans to reduce its shareholding of Bank of Hangzhou by no more than 110,092,230 shares. Based on the current share price, this liquidation by China Life Insurance may be worth 1.5 billion yuan. Experts believe that this reduction will have limited impact on Bank of Hangzhou, but may cause short-term fluctuations in the stock price. Local state-owned shareholders are expected to take over and increase their stake.

cls.cnAug 20 12:06 ET

Jiangsu Changshu Rural Commercial Bank's net profit in the first half of the year increased nearly 20% year-on-year, with a slight increase in non-performing loan ratio and a decrease in the proportion of national debt balance, but pressure on net interes

Jiangsu Changshu Rural Commercial Bank's net interest margin has decreased to 2.79%, while net profit margin has dropped to 2.63%. The non-performing loan ratio increased by 0.01 percentage points compared to the beginning of the year. In the first half of the year, Jiangsu Changshu Rural Commercial Bank held financial investment assets with a scale of 97.86 billion yuan. However, the proportion of national debt balance decreased to 18.18%.

cls.cnAug 20 09:48 ET

Jiangsu Changshu Rural Commercial Bank, also known as Qiangbang Rural Commercial Bank, has released its semi-annual report, indicating revenue and profits still maintain double-digit growth.

Asset quality remains stable.

wallstreetcnAug 20 03:46 ET

Bank of Jiangsu's performance doubled in the first half of the year, net interest margin further reduced to 1.9%. Experts say the narrowing of the interest rate decline and the effect of suppressing deposit costs are beginning to appear.

In the first half of the year, the bank of jiangsu achieved revenue of 41.625 billion yuan and a net income attributable to the parent of 18.731 billion yuan, an increase of 7.16% and 10.05% respectively. At the same time, the net interest spread further decreased by 8 basis points to 1.9%. Experts believe that the bank's interest rate decline has narrowed slightly, and the improvement of deposit costs has effectively alleviated the downward pressure on interest rates. It is expected that the impact of the price reduction adjustment will continue to be released to support interest rate performance.

cls.cnAug 17 03:25 ET