The HSBC HOLDINGS Manufacturing PMI for December is 57.4, exceeding the previous month.

In December, India's HSBC HOLDINGS Manufacturing PMI was 57.4, exceeding the previous month's figure. The December HSBC HOLDINGS Manufacturing Purchasing Managers' Index (PMI, preliminary) stood at 57.4, surpassing last month's 56.5. Additionally, the HSBC HOLDINGS Services PMI for the same month rose to 60.8 from last month's 58.4. The Ministry of Finance recently indicated that the economic slowdown in the July-September period was temporary and that the growth rate would accelerate again in the second half of fiscal year 2024.

Fisco JapanDec 21 18:05 ET

The only wholly foreign-owned consumer finance company will change ownership, with JD.com leading the acquisition of 65% of the shares in Home Credit, and foreign trade REITs and BANK OF TIANJIN taking stakes.

① Among the 5 newly introduced Shareholders, the top two Shareholders are both from entities under JD.com, collectively holding 65% of the shares of Jiexin Consumer Finance. ② Individuals close to BANK OF TIANJIN revealed that investing in Jiexin Consumer Finance is due to the large consumer scenarios of JD.com. This move can also enhance the Technology gene of BANK OF TIANJIN.

cls.cnDec 20 06:28 ET

In order to respond to the "intense battle" next year? At the end of the year, many Banks are making intensive adjustments to their Business structure, and the special mechanism for the "five major articles" is gradually being established.

① First, merging the functions of the head office departments clearly indicates a reduction in costs and an increase in efficiency; second, a special department dedicated to the five major articles is being established. ② Retailing Crediting may become one of the focal points for Banks next year. ③ It is expected that the special institutions for the five major articles will be established gradually, as each one matures.

cls.cnDec 20 04:06 ET

The LPR Quote for December has been released! The 1-year and 5-year rates remain unchanged.

More news, continuously updating.

wallstreetcnDec 19 20:00 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

The central bank's discussions with some "aggressive trading" Institutions have shaken the market; who are the Block Orders in this round of bond bull market? State-owned large banks have received the most "attention".

① The central bank's morning consultations mainly involved Institutions based in Beijing, with very few Institutions from other cities attending the meeting, including cities like Shanghai where asset management Institutions are concentrated. ② In the past two weeks, the Block Buy Institutions for 10-year government bonds have shifted from Fund to Banks. ③ As incremental policies come into effect, the likelihood of economic stabilization increases, necessitating a reduction in expectations for the bond market in 2025.

cls.cnDec 18 08:24 ET