On the eve of the annual report announcement, the "operator" of Ping An Bank's Retail Trade was replaced, as the proportion of net profit from retail in last year's semi-annual report had rapidly declined.

① Wang Jun has been with Ping An Bank since 2013, working long-term in local branches, including Xi'an, Dalian, Shenzhen, and Guangzhou branches. ② The semi-annual report for 2024 shows that the credit and Other asset impairment losses for Ping An Bank's retail financial business reached 24.393 billion yuan, with a Net income of 1.804 billion yuan from the retail financial business, and its proportion of the overall Net income declined from 34.1% in the same period last year to 7%.

cls.cnMar 4 09:03 ET

The equity of Xinghe Investment is listed by China Zheshang Bank for nearly 1.8 billion. Which family will the former Shun'an system Assets belong to?

1. China Zheshang Bank is offering to transfer its 89.55% equity in Xinghe Investment at a price of 1.791 billion yuan, and potential buyers may need to jointly acquire all the remaining equity from other shareholders of Xinghe Investment. 2. According to relevant persons from China Zheshang Bank, the bank previously invested in Xinghe Investment through Debt-for-equity Swaps, and this transfer is actually for the disposal of non-performing Assets, meanwhile, the buyer is not a listed company.

cls.cnFeb 13 08:09 ET

The preliminary performance forecast indicates that the Industrial Bank, which no longer follows the old path, has returned to growth.

Both revenue and net profit increased.

wallstreetcnJan 16 04:04 ET

The performance reports of the first two listed banks are out: CM BANK's revenue decline has narrowed to 0.47%, while China CITIC Bank Corporation's total assets are approaching 10 trillion.

① The decline in revenue for the entire year of 2024 disclosed in the industry performance announcement is 0.47%. Compared to the decline of 3.09% in the last year's semi-annual report and 2.91% in the quarterly report, there is a noticeable improvement trend. ② By the end of 2024, the total assets of China CITIC Bank Corporation will be 9,530.321 billion yuan, an increase of 5.28% compared to the end of the previous year, just a step away from the 10 trillion asset scale.

cls.cnJan 14 06:31 ET

With a "10%" fee rate spreading, are Banks selling Funds at a loss this time?

MINSHENG BANK, Bank of Qingdao, Industrial Bank, Bank Of Communications, and Agricultural Bank Of China all participated.

wallstreetcnJan 8 10:14 ET

MINSHENG BANK officially announced an adjustment to the risk ratings of some publicly offered Funds that had been raised multiple times last year.

① Starting from January 10, MINSHENG BANK will adjust the risk ratings of certain publicly offered Fund products; ② Analysts indicate that investors should "understand the rules and identify the risks."

cls.cnJan 7 08:19 ET