Focusing on the high-quality development of the China debt market, the 2025 ICMA China Debt Capital Markets Annual Conference was held in Beijing.
On March 19, the 2025 ICMA China Debt Capital Markets Annual Conference, organized by the International Capital Markets Association (ICMA), was held in Beijing.
State-owned banks are aggressively entering the market, will personal consumer loans become the new "king of competition"? Industry insiders say: the market space has not yet reached its peak.
In recent days, many major banks have successively announced relevant special plans and vigorously entered the Consumer loan market. Since the beginning of the year, the interest rates on bank Consumer loans have successively broken the "2.6" and "2.5" thresholds, with the lowest rate now dropping to around 2.4%. The state-owned large banks first squeezed not the space of local commercial banks, but rather various illegal and legal online lending and Internet loan platforms. However, banks still need to strengthen risk management to reduce subsequent non-performing loans.
The LPR Quote for March is out: both the 5-year and 1-year rates remain unchanged.
The loan market Quote interest rate (LPR) for March has been announced: 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%, the same as last month at 3.1%.
Minsheng Securities: The action of insurance funds increasing their holdings in Banks is still ongoing, with high growth and high dividend symbols being the preferred choice in the Sector.
According to the disclosure from the Hong Kong Stock Exchange,瑞众人寿 increased its shareholding in China CITIC Bank Corporation (00998) by 3 million Listed in Hong Kong shares on March 12, at a price of 5.9439 Hong Kong dollars per share, totaling 17.8317 million Hong Kong dollars.
CM BANK (03968.HK): Luo Sheng has resigned from the positions of Shareholder Supervisor and member of the Supervisory Committee.
Gelonghui, March 19丨CM BANK (03968.HK) announced that the Supervisory Board received the resignation letter from shareholder supervisor Luo Sheng. Luo Sheng requested to resign from the position of shareholder supervisor and member of the Supervisory Committee for personal work reasons. Luo Sheng's resignation will be effective from March 18, 2025.
CM BANK (03968.HK): The appointment qualifications of Director Huang Jian have been approved.
On March 19, Glonghui reported that CM BANK (03968.HK) announced that the company received the "Approval from the National Financial Supervision Administration regarding Huang Jian's qualification as a director of CM BANK" (Jin Fu [2025] No. 158). According to the above approval, Mr. Huang Jian's qualification as a director of CM BANK has been approved. Mr. Huang Jian's term as a non-executive director of the company is effective from the approval date of March 14, 2025, until the expiration of the twelfth Board of Directors of the company.
104255742 : but why is it not buying back its own shares?
Mr Worldwide 世界仔 OP 104255742 : debt to equity at 1.3, it has limited room to take on more debt. it is not worth to repurchase its stock which main business is insurance.