Songdu Service (09608) subsidiary subscribes to 50 million yuan structured deposit products.
Songdu Services (09608) announced that, in order to make full use of the group's idle funds for better returns, in 2025...
Express News | Sundy Service Co Ltd - Unit to Subscribe for Structured Deposit Product of RMB50 Mln From China Minsheng Bank
China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation
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%.
China Minsheng Banking Sells 20 Billion Yuan Bonds
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.
CITIC SEC: It is expected that the performance of Banks and other high certainty Sectors will likely take over, with optimistic absolute return potential.
In terms of individual stock combinations, two main lines are recommended: 1) Stable returns from dividend contributions, select individual stocks with stable performance growth, stable dividend rates, stable asset quality, and low valuation fluctuations; 2) Companies with excellent business models, where valuation premiums are expected to return to normal Range: Select individual stocks with high ROE and strong certainty, where current valuation premiums are still at low levels.
China Minsheng Banking Raises 10 Billion Yuan Via Green Bond Issue
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%.
MINSHENG BANK has completed the issuance of 10 billion yuan in green financial Bonds.
MINSHENG BANK (01988) announced that China MINSHENG BANK Co., Ltd. will record the book-building for its 2025 Green Financial Bonds (Phase I) on February 14, 2025, and complete the issuance on February 18, 2025. The issuance scale is 10 billion yuan, with a fixed interest rate of 1.70% over a 3-year term. The funds raised from this bond will be used for green industry projects as specified in the "Green Bond Support Project Catalog (2021 Edition)" in accordance with applicable laws and regulatory approvals.
Express News | China Minsheng Banking - Successful Issuance of Green Finance Bonds of RMB10 Bln
MINSHENG BANK (600016.SH): Successfully issued 10 billion yuan green financial Bonds.
On February 19, Gelonghui reported that MINSHENG BANK (600016.SH) announced that, with the approval of the People's Bank of China, it successfully issued the "China MINSHENG BANK Co., Ltd. 2025 Green Financial Bonds (Phase I)" in the national interbank bond market, and completed the registration and custody of the bonds with the China Securities Depository and Clearing Corporation Limited in the interbank market. The bonds were booked on February 14, 2025, and the issuance was completed on February 18, 2025. The issuance scale is 10 billion yuan, with a fixed interest rate for 3 years, and a coupon interest rate of 1.70%. The raised funds from this bond issuance will be used in accordance with applicable laws and regulations.
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.
CITIC SEC: The next phase of absolute returns in the Banks sector is still worth期待. Two main lines are recommended.
CITIC SEC's Research Reports state that the performance summaries released for 2024 show that the overall operation of the listed Banks is stable.
CITIC SEC: The Banks Sector returns to the fundamental framework, focusing on absolute return opportunities.
The difference between the dividend yield and the risk-free yield has widened, which also implies an enhancement in the potential allocation strength of Banks stocks.
The central bank: In January, the operations of the standing lending facility for Financial Institutions totaled 17.105 billion yuan.
In January 2025, the People's Bank conducted standing lending facility operations for Financial Institutions totaling 17.105 billion yuan, including 11.335 billion yuan for overnight, 1.77 billion yuan for 7-day, and 4 billion yuan for 1-month periods.
After the emergence of DeepSeek, multiple Banks have initiated in-depth research testing, and the implementation of large models in the Industry is still in open exploration.
Several Banks' fintech leaders have expressed to the Financial Associated Press that they are already paying attention to and beginning to study the impact of DeepSeek on bank fintech. As models like DeepSeek can greatly reduce training and usage costs, they will provide significant assistance for the future widespread application of large models in Banks. However, large models in the banking system are still in the phase of open exploration.
MINSHENG BANK (01988.HK): The National Financial Supervision and Administration Commission has approved the appointment qualifications of Director Liang Xinjie.
On January 27, Gelonghui reported that MINSHENG BANK (01988.HK) announced that on January 27, 2025, it received the "Approval from the National Financial Supervisory Administration regarding the Appointment Qualification of Liang Xinjie as Director of MINSHENG BANK" (Jin Fu [2025] No. 62). The National Financial Supervisory Administration has approved Liang Xinjie's qualification to serve as a director, and Liang Xinjie has assumed the role of non-executive director as well as a member of the Board of Directors' Remuneration and Assessment Committee and Audit Committee since January 26, 2025.
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.
The Banks wealth management market welcomes a "big year": the existing scale reaches 29.95 trillion, and the number of investors is 0.125 billion.
The year 2024 is a significant year for the Banks' wealth management market in our country, with scale and users continuing to maintain a steady growth trend.