Jefferies Remains a Buy on China Construction Bank (CICHF)

TipRanksMay 14 08:36 ET · Ratings

China Construction Bank (CICHF) Gets a Buy From Goldman Sachs

TipRanksMay 13 20:41 ET · Ratings

The scale of listings this year has approached 1.2 trillion yuan, with the transfer of non-performing assets becoming more routine as institutions accelerate the clearing of risks.

①In March and April alone, consumer finance companies transferred non-performing loans with a total principal and interest amount of 19.6 billion yuan, representing a year-on-year increase of approximately 86%. ②In April, banking institutions transferred non-performing loans with a total principal and interest amount of 26.6 billion yuan, marking a year-on-year growth of 125%. The main reason was the active transfer of non-performing assets by joint-stock banks in April, as these banks accelerated the clearance of existing retail risks amid a trend of improving interest rate spreads.

cls.cnMay 12 06:44 ET

Have deposits moved? The proportion of time deposits at multiple banks continues to rise, with industry insiders noting that the movement is mostly between different banks.

①According to the latest first-quarter reports of listed banks and central bank statistical data, the proportion of time deposits at multiple banks has reached a new high. ②Representatives from several banks also stated to reporters that, based on the current situation, large-scale "deposit migration" within the banking system has not occurred. "At most, there is some shifting of deposits between banks of different natures."

cls.cnMay 10 22:06 ET

GF Securities: How to interpret the advance of this year's dividend asset equity registration date?

The effect of future dividend assets after the equity registration date may gradually diminish.

Zhitong FinanceMay 10 19:18 ET

Banks' proprietary fund allocation hits the brakes! Industry to shrink by a trillion yuan in 2025, with joint-stock banks and city commercial banks leading the decline.

①In 2025, bank proprietary funds accelerated their withdrawal from public mutual funds, with banks reducing their allocation to mutual funds by approximately RMB 460 billion over the year, bringing the total to RMB 7.35 trillion. ②State-owned major banks expanded their overall fund holdings, while joint-stock banks showed divergent performances in fund investments; urban commercial banks generally contracted their fund investments, albeit on a smaller scale for individual banks. ③Reasons for banks reducing their allocation to public mutual funds include relatively higher management fees under a low-interest-rate environment.

cls.cnMay 9 06:27 ET