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

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

Difficulties in recovering over 1.584 billion in loans? New developments in the lawsuit against Bank Of Guiyang, with urgent improvements needed in risk control capabilities amidst a series of disputes.

① In the long term, an increase in non-performing loans may put pressure on the asset quality and profitability of Banks. ② The other party's company may face financial difficulties, and even if winning the lawsuit, there is a possibility that the other party may not be able to repay the debts on time and in full.

cls.cnDec 19 07:42 ET

History repeats itself! The proposal to authorize the issuance of shares by Bank Of Zhengzhou was opposed by 28.4% of the attending Listed in Hong Kong Shareholders, and Hong Kong investors have repeatedly expressed opposing views.

① The proposal for general authorization to issue shares by the Bank Of Zhengzhou was opposed by 28.4% of attending H Shareholders. ② Although issuing additional shares can attract external capital injection, it may dilute the equity of existing shareholders to some extent. ③ The proposal for the profit distribution plan of the Bank Of Zhengzhou for 2023 faced opposition from 83.111365% of attending H Shareholders, but it was ultimately approved smoothly.

cls.cnDec 18 22:52 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