Minsheng Bank (600016.SH): The Hong Kong branch issues bonds and lists them under the 5 billion US dollar medium-term note program.
Minsheng Bank (600016.SH) announced that the Hong Kong branch of the company has issued a notice in accordance with the 5 billion US dollar medium-term note program...
Minsheng Bank (01988.HK): The 0.3 billion US dollar floating rate notes due in 2027 are planned to be listed on September 16th.
Minsheng Bank (01988.HK) announced that the $0.3 billion floating rate notes due in 2027 are expected to be listed and tradable on or around September 16, 2024.
Bank stocks generally rise, Dongguan Rural Commercial Bank (09889) rises 4.9%. Institutions point out that industry pressure continues and performance remains resilient.
King Financial News | Banking stocks generally rose, Dongguan Rural Commercial Bank (09889) rose by 4.9%, Agricultural Bank of China (01288) rose by 2.65%, Minsheng Bank (01988) rose by 2.27%, CBHB (09668) rose by 2.15%, Bank of China (03988) rose by 2.13%. Open Source Securities stated that from the indicators of operation, listed banks generally face pressure on revenue growth. On one hand, insufficient effective demand delays the expansion of bank scale, the decline in asset-side yield exacerbates the pressure on interest margin narrowing, and both quantity and price are under pressure, with the continuous expansion of interest income decline; on the other hand, non-interest income contribution is limited, process...
Deutsche Bank: The pricing of loans in the banking industry in China is becoming more rational, so there is no need to overly worry about net interest margin pressure.
Morgan Stanley pointed out that although the LPR reduction may put pressure on the interest income of the banking industry in China, at the same time, the interest cost paid by banks to depositors is also decreasing, which helps to alleviate the pressure on net interest margin. Morgan Stanley expects that the banking industry will outperform the large cap market in the next 12 months.
Is it urgent enough to reduce the interest rate on existing housing loans? In the first half of the year, the non-performing balance of personal loans in the six major state-owned banks has reached 352 billion yuan, and the non-performing rate has general
In the first half of this year, the total amount of non-performing loans of the six major state-owned banks has reached 352.091 billion yuan, exceeding the 300 billion yuan threshold for the first time. Compared with the data from early 2024 (291.371 billion yuan), it can be calculated that in the first half of the year, the six major state-owned banks added approximately 60.7 billion yuan of non-performing loans. Industry insiders believe that in the current environment, it is not advisable to excessively rely on reducing existing housing loans to play a greater role in promoting consumer spending.
At least 10 senior executives of listed banks are optimistic. Has the net interest margin really bottomed out? Fitch raised objections: LPR may be further reduced.
In the second quarter of 2024, the net interest margin of commercial banks was 1.54%, showing signs of stopping the decline for the first time. Recently, several listed banks' executives have also publicly stated that there are signs of stabilization or a slowdown in the decline of the net interest margin, injecting a strong boost into the market. Huayu Ratings recently stated, "It is too early to determine whether the net interest margin has bottomed out. The government may further lower the LPR to reduce loan costs.
