Why is the attitude towards capital so contrasting? Large brokerages in the Hong Kong stock market have been heavily "swept up" while several local banks have faced Shareholding by major Shareholders.

① The Hong Kong stock market is "singing all the way up", with both JINSHANG BANK and BANK OF GANSU facing Shareholding by major shareholders; ② QIN New energy Fund even fully divested its shares in JINSHANG BANK, with a divestment involving over 0.144 billion HKD; ③ Insurance funds continue to "sweep up" H shares of state-owned and joint-stock banks, with industry insiders pointing out that the contrast in funds' attitudes towards different banks is intensifying.

cls.cnFeb 27 08:36 ET

The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.

The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.

cls.cnFeb 24 20:48 ET

Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.

① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.

cls.cnFeb 24 03:49 ET

30 billion yuan! This year, the first perpetual bond from state-owned banks goes to Postal Savings Bank Of China, and the issuance of "two perpetual bonds" has become relatively bland as the year begins.

① This evening, the Postal Savings Bank Of China announced that the perpetual capital bonds (first phase) registered on February 19 were issued on February 21, 2025. The issuance scale of this bond is 30 billion yuan, with a nominal interest rate of 1.99% for the first five years. ② Since the beginning of the year, no other large state-owned banks have released information about the issuance of perpetual bonds. So far this year, no commercial banks have disclosed relevant information regarding secondary capital bonds.

cls.cnFeb 21 07:47 ET

In February, the LPR Quote was released: the interest rates for both 5-year and 1-year terms remain unchanged.

The loan market quote rate (LPR) for February has been released: the LPR for more than 5 years is 3.6%, the same as last month at 3.6%. The 1-year LPR is 3.1%, unchanged from last month at 3.1%.

cls.cnFeb 19 20:07 ET

After 28 days of explosive growth, the banking industry's "DeepSeek moment" raises three questions: Will CSI Information Security Index be the biggest obstacle?

① The biggest obstacle to the large-scale application of DeepSeek is still the CSI Information Security Index issue. Currently, Banks are generally "waiting" and observing the attitude of financial regulatory bodies towards DeepSeek. ② From a cost perspective, DeepSeek will indeed be more Bullish for small and medium-sized Banks in the early stages. However, when considering customer numbers, asset scale, and data quality, large Banks undoubtedly have more advantages.

cls.cnFeb 18 01:08 ET