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

China CITIC Bank Corporation's strategy meeting: The US stock market is expected to continue rising next year, A-shares have profit opportunities, and the long-end interest rates of national bonds may rise.

Han Tongli stated that compared to the Internet Plus-Related bubble period of 1999-2000, the U.S. stock market still has 30%-40% upward potential, and the U.S. dollar may continue to remain strong. Zhao Qian mentioned that there are profit opportunities in the A-share market next year, as the current valuation of A-shares is not expensive, related policies provide a strong bottom support for the market, and many Chinese companies are expected to perform better next year than this year.

wallstreetcnDec 25, 2024 00:27 ET

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, 2024 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, 2024 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, 2024 09:03 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, 2024 19:01 ET