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How To Earn $500 A Month From Yum China Stock Ahead Of Q3 Earnings
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.
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Exclusive | Unveiling the first mass-produced full solid state battery assembly line: the scale cost is not higher than liquid, but still can't be used in cars
①The first solid state battery production line has been put into operation again, sparking discussion. The builder of this production line, a person from Pure Lithium New Energy Company, stated that current customers come from energy storage and electric two-wheelers, not involving power batteries; ② Pure Lithium New Energy has put into operation a production line with a target capacity of 200MWh, and has planned to expand to 6GWh solid state energy storage battery production line; ③ In the A-share market, various companies mainly focus on the technical routes of oxides and sulfides.
When will the repricing cycle change after the adjustment of the existing house loan interest rate? ICBC and CMB are already preparing relevant work, while many banks have no plans yet.
Industrial and Commercial Bank of China, CM Bank stated that they are actively preparing for the relevant work of redefining the 'repricing day' for housing loans. Prior to this, the central bank announced that starting from November 1, 2024, for floating-rate contracts, borrowers of commercial individual housing loans can negotiate with banks and financial institutions in the industry to agree on a repricing cycle. Today's adjustment of existing housing loan interest rates only involves additions or deductions, and does not involve changes in repricing cycles.
October's MLF maturity scale is the largest since the beginning of the year. The central banks will continue to reduce the balance sheet by 700 billion yuan. Industry insiders expect that starting from October, the addition of bank loans will resume year-
1. In October, the MLF operation interest rate remained unchanged, with an operation scale of 700 billion. The amount of MLF due that month was 789 billion, the largest due amount since the beginning of the year. This means that a slight reduction in operations was implemented this month. 2. Industry insiders point out that the reduction in operation scale this month is not significant, determining that new bank loans will resume year-on-year growth from October.
Adjustment starting today! Major commercial banks are collectively adjusting the existing housing loan interest rates. Some small and medium-sized banks will complete the adjustment by the end of the month. A 1.25 million 25-year mortgage in Peking can sa
①Major commercial banks such as Industrial and Commercial, Agricultural, Bank of China, Construction, Communication, and Postal Savings Bank of China have collectively adjusted the interest rates of existing home loans that meet the criteria today, with some small and medium-sized banks expected to complete the process by the end of the month at the latest. ②With the combination of recent real estate support policies, there are certain signs of stabilizing and stopping the decline in the real estate market, and the phenomenon of early repayment has been alleviated.
Finance Association Autos Morning Post [October 25th]
①In September, the top three countries in total export volume of Chinese automobiles are Russia, Belgium, and Mexico; ②Xiaopeng P7+ all series are equipped with AI smart driving, achieving L4 level under "self-driving cars in some scenarios by 2026; ③BMW and Mercedes-Benz jointly launch the "Yi An Qi" ultra-charging brand.
Existing home loan interest rates are collectively adjusted today, with clients in shanghai seeing a reduction of 65 basis points in rates for those owning two properties.
Starting today, most existing home loans will undergo batch adjustments. State-owned major banks and other banks have already completed the adjustment of mortgage rates, while the adjustment process for some small to medium-sized banks may be slightly delayed.
Adjusted as scheduled! The adjustment of existing home loans for six major banks and many joint-stock banks has been implemented in batches, with some major banks already adjusted after 23:00 on the 24th.
① Up to now, six large state-owned banks and many joint-stock banks have initiated bulk adjustments of existing home loan interest rates. ② To ensure a unified adjustment on the 25th, some large banks have already started adjusting backend systems after 23:00 on October 24th. ③ Some users have posted screenshots, showing that after the adjustment of existing home loan interest rates on October 25th, the interest rate dropped from 4.8% to 3.9%, reducing interest expenses by over 0.02 million yuan.
12 joint-stock banks have completed a new round of deposit rate reduction. While the interest rates are generally falling, some banks are still issuing large-denomination certificates of deposit that are being snapped up. Will there be further reductions
①Currently, banks are starting a new round of deposit interest rate cuts, which is of great significance to stabilize interest margins, thereby ensuring the stable operation of commercial banks and continuously increasing support for financing the real economy. ②Currently, banks need to better manage the liability side, the key point is to forecast interest rate trends and make policy adjustments.
The first domestic full-solid-state lithium battery production line has officially started production
1. Recently, the first domestic full solid state lithium battery production line was officially put into operation, marking a new stage of mass production for the pure lithium 50 amp-hour solid state battery developed and produced by the company; 2. Currently, the target production capacity of the pure lithium new energy production line is 200 megawatt-hours, equivalent to simultaneously charging 0.2 million two-wheeled vehicles, and after reaching full production, it can produce thousands of solid state batteries per day.
The latest adjustments have been made by nearly ten listed city commercial banks! The pressure of downward interest rate spread is becoming more prominent. Various banks are adopting different interest rate adjustment strategies to accelerate follow-up.
①Currently, about 8 listed city commercial banks, including Bank of Shanghai and Bank of Jiangsu, have made the latest adjustments to the deposit benchmark interest rates or some special deposit product rates, but the extent and intensity of the adjustments vary. ②Experts predict that small and medium-sized banks will gradually follow suit, but due to different funding costs and deposit structures of each bank, as well as differences in the market competition environment they face, they will adopt different interest rate adjustment strategies.
2 billion! The first mother fund for the pure hydrogen electric industry will be established. Will new energy vehicles usher in the "third track"?
On October 23, Geely Distance and Yinhechuangxin Capital announced that they had recently completed the signing of the first industrial mother fund cooperation agreement for methanol and hydrogen electric vehicles. According to the agreement, as the main investors, both parties will cooperate to establish the first industrial mother fund for methanol and hydrogen electric vehicles, with a total scale of 2 billion RMB for the parent and sub-funds.
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Another round of reverse operation by banks? Although the LPR has decreased, the floating interest rate on loans has increased. Some banks in jiangsu: the interest rate for first homes must not be lower than 2.95%.
Today, Nanjing, Suzhou, and other places have all stated that the minimum interest rate for first home loans will be lowered to 2.95%, down from the previous LPR-90 basis points to LPR-65 basis points. Industry insiders suggest that potential home buyers should pay attention to the signal changes and that some credit policies may show signs of stabilizing.
Share buyback shareholding loans quickly landed! ICBC, BOC, ABC, CMB, CITIC and other first batch of multiple banks announced progress. Some banks have already shown cooperation intentions with nearly a hundred listed companies.
1. As of now, Bank of China has reached cooperation intentions with nearly a hundred listed companies, with 32 listed companies explicitly promised loans, covering multiple industries such as integrated circuits, transportation, high-end manufacturing, and business services; 2. The banks stated that they will strictly adhere to the risk compliance bottom line, rigorously prevent crediting funds that do not meet the conditions of stock increase stake & buyback and refinancing policies from illegally flowing into the stock market.
The 5-year LPR has dropped sharply by 60 basis points this year, refreshing the historical lowest record, and the real estate market is expected to welcome a "warm winter".
1. The central bank has lowered the loan market benchmark interest rate LPR for the third time this year, with a cumulative reduction of 60 basis points in the 5-year LPR, setting a new historical record. 2. "Interest rate cuts are conducive to stabilizing expectations in the real estate market. It is expected that some cities, especially first-tier and second-tier cities, will gradually stabilize, with the market quickly stabilizing, becoming a trend. It is expected that in the fourth quarter of 2024, a warm winter market will appear in certain market ranges."