Eight leading insurance companies are expected to see premiums increase by over 5% in 2024, with Ping An continuing to hold the top position in the industry.

Several listed insurance companies have submitted their "report cards" for 2024. As of January 20, eight companies including Ping An, PICC, China Life, Taiping, and Xinhua...

wallstreetcnJan 21 20:50 ET

The three major A-share Indexes rose and fell unevenly, Hong Kong stocks rose, COUNTRY GARDEN's shares resumed trading and increased by over 1%, the central parity rate of the RMB against the US dollar touched 7.17, and the Futures of government bonds sho

The RMB central parity rate against the US dollar is reported at 7.1703, up 183 points, the highest since November 8, 2024, and the largest increase since November 8, 2024. The previous trading day's central parity rate was 7.1886, and the previous day's official closing price was 7.3161, while last night's closing was 7.2790.

wallstreetcnJan 20 20:40 ET

Are Banks under pressure from interest margins looking to Overseas for profits? The 2025 annual plan reveals that Overseas Business may become a new highlight.

① The Industrial And Commercial Bank Of China stated that efforts should be made to explore a second growth curve for Overseas Operation; ② For companies going global, it means that both upstream and downstream industries are venturing overseas together, which means more Chinese enterprises are setting up factories and operating locally.

cls.cnJan 20 07:35 ET

The LPR remained unchanged in January. Will mortgage rates decrease again in 2025?

① Since January, the policy interest rates, which are the basis for LPR Quotes, have stabilized, suggesting that the January LPR Quote will remain unchanged. ② There is a possibility of interest rate cuts in the first half of 2025, with the total reduction expected to reach 50 basis points for the year, which is higher than the 30 basis points reduction from the previous year, leading to a significant downward adjustment of the LPR Quote.

cls.cnJan 19 23:49 ET

Banks are "short of money," and the yield on interbank certificates of deposit has surpassed that of 10-year government bonds, with the scale of maturing certificates of deposit nearing 6 trillion in the first quarter.

① The recent abnormal situation of banks lacking liabilities is also related to the outflow of non-bank deposits caused by the new self-regulation rules at the end of November 2024. ② The funding situation this morning has improved significantly compared to the past two days, but it remains relatively tight.

cls.cnJan 17 01:05 ET

Statistics Bureau: In 2024, national Real Estate Development investment is 10,028 billion yuan, a decrease of 10.6% compared to the previous year.

In 2024, the national Real Estate Development investment is 10,028 billion yuan, a year-on-year decrease of 10.6%, of which Residence investment is 7,604 billion yuan, down 10.5%.

cls.cnJan 16 21:08 ET