GAC is preparing for a major campaign.

Independent brands aim to challenge a sales volume of 2 million units per year.

wallstreetcnNov 18 08:47 ET

Liu Yonghao has taken action! Minsheng Bank disclosed that the former largest shareholder plans to increase their shareholding to a total of over 5%, having previously reduced their shareholding multiple times.

① Currently, Southern Hope Industrial Co., Ltd. and New Hope Liuhe Investment Co., Ltd. together hold 4.96% of the total shares of the bank. ② As of the end of the third quarter, the core Tier 1 capital adequacy ratio, Tier 1 capital adequacy ratio, and total capital adequacy ratio of Minsheng Bank increased by 0.02, decreased by 0.19, and decreased by 0.48 percentage points respectively compared to the end of last year.

cls.cnNov 18 08:28 ET

A batch of over 1,000 personal properties is being put up for auction? The Bank of Chengdu's subsidiary, Jincheng Consumer Finance, is once again focusing on disposing of assets, with some projects starting at less than 10% of their value.

On the evening of November 14th, at 10 o'clock, the reporter logged onto the Alibaba Auction Platform and found that Jin Cheng Consumer Finance still had over 433 real estate mortgage debt projects online, with starting prices ranging from 2299 yuan to 0.12 million yuan, and varying deposit amounts from 2000 yuan to 0.04 million yuan. Real estate mortgage debt transfer faces certain challenges, as there are few bidders, even some small amount projects will be repeatedly listed.

cls.cnNov 14 22:48 ET

Reports suggest that the Trump team plans to cancel the $7,500 tax credit for electric autos, leading to a sharp drop in electric car stocks.

The Trump team is considering canceling the $7,500 electric vehicle subsidy policy to fund its tax reduction plan. This policy is one of the measures adopted by the Biden administration to combat inflation. Trump supporters and the oil industry hope to cancel electric vehicle tax incentives, while the auto industry groups are calling for retention. Musk believes that canceling the subsidy policy will not have a significant impact on Tesla, but will rather cause more trouble for competitors. Electric vehicle stocks plummet, with Tesla down 5.77% and "Tesla rival" Rivian down 14.3%.

wallstreetcnNov 14 16:17 ET

When will the revenue growth rate turn positive? The management of Shanghai Pudong Development Bank gave a clear response, stating that the company will continue to "go all out" in the operation in the fourth quarter.

1. The president of shanghai pudong development bank, Xie Wei, stated that after excluding the one-time effect of the sale of the equity in the previous year, the revenue for the first three quarters increased by 1.265 billion yuan, a growth of 0.98% year-on-year. 2. In response to how to strengthen risk management, stabilize interest margins, and cope with the impact of exchange rates fluctuations, the management of shanghai pudong development bank also provided responses.

cls.cnNov 13 09:18 ET

Can the full-year interest rate spread be maintained? How is the trend of assets quality? Is it possible to further increase dividends? China Citic Bank Corporation management directly addresses market hot topics.

In the next stage, we will continue to seize market opportunities, improve trading capabilities to seek investment returns, enhance the diversification and stability of commission income, and maintain robust growth in non-interest income. The amount of dividends for this interim period is set at 1.847 yuan in cash dividends for every 10 shares, and investors are expected to receive the mid-term dividend for 2024 before the end of the year or before the Chinese New Year next year.

cls.cnNov 12 06:24 ET