Citic Sec: The implementation of advanced methods of capital measurement is progressing in an orderly manner. It is recommended to reevaluate the investment value of banks.
From the perspective of investing in the banking sector, the revenue growth rate and profit growth rate of listed banks in the third quarter have both improved, with overall sound asset quality. Currently in the observation period of the macroeconomic policy effects, the subsequent policy support is expected to help alleviate real risks, especially the credit risks of the urban investment and real estate sectors, providing a solid foundation for the stability of the banks' net assets.
Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.
①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.
The operating conditions of the six major state-owned banks in the first three quarters have all been revealed, with a total net profit attributable to the parent company exceeding 1 trillion, earning 3.867 billion per day, and the overall asset quality i
As of October 30, the quarterly reports of state-owned major banks have all been disclosed. Among the six state-owned major banks, the revenues of ICBC, ABC, and BOC for the first nine months year-on-year. Bank of Communications, Agricultural Bank of China, China Construction Bank showed that the proportion of time deposits is still rising.
[Hong Kong Stock Connect] cm bank (03968) fell by 3.56% after the performance results, with a 2.55% year-on-year decrease in Q3 revenue. HSBC's performance shows a slight negative trend.
Jingu Wealth News | Shares of CM Bank (03968) weakened, as of the time of writing, fell by 3.56%, closing at HK$37.95, with a turnover of 0.498 billion Hong Kong dollars. On the news front, the company released its third-quarter report, with net income attributable to shareholders of 38.441 billion yuan (RMB, same below), a year-on-year increase of 0.79%, and basic earnings per share of 1.52 yuan. Revenue for the period was 79.681 billion yuan, down 2.55% year-on-year. As for the first three quarters, net income attributable to shareholders was 113.184 billion yuan, a decrease of 0.62% year-on-year, with basic earnings per share of 4.41 yuan. Revenue for the period was 2526.0 billion yuan.
Gelonghui Announcement Highlights (Hong Kong Stock) | cm bank (03968.HK) net income in the first three quarters decreased by 0.62% year-on-year to 113.184 billion yuan
China Merchants Bank (03968.HK) reported a net income of 113.184 billion yuan in the first three quarters, a year-on-year decrease of 0.62%.
The 'Retail King' third-quarter report is released, with net interest margin narrowing, cm bank's revenue and net profit slightly decreasing in the first three quarters, total assets approaching 12 trillion.
①The decrease in return on interest-earning assets is the main factor driving the decline in net interest margin; ②The non-performing loan ratio of China Merchants Bank is 0.94%, a decrease of 0.01 percentage points from the end of the previous year; ③The weighted average mortgage rate for individual housing loans is 36.29%, an increase of 3.36 percentage points from the end of the previous year.
Alice Lim choo :