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.
China Merchants Bank's Profit Rises Slightly in Q3
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