Earnings Preview: CM BANK to Report Financial Results on March 25

Moomoo News21:00 ET

Exclusive | After 2.58% comes 2.49%! Some Banks' consumer loan interest rates have reached new lows, breaking through the significant thresholds of "2.6" and "2.5".

① After applying limited-time coupons, some banks like the Bank Of Beijing and Bank Of Ningbo have lowered the interest rates on consumer loans to an annualized 2.5%, with the minimum rate being 2.49%. ② Recently, there has been a clear downward trend in personal consumer loan interest rates. Since the beginning of the year, the interest rates for personal consumer loans at major commercial banks have successively fallen below the thresholds of "2.6" and "2.5." ③ While widening income sources, industry insiders remind to pay attention to the balance between innovation and compliance.

cls.cnMar 18 10:54 ET

[Brokerage Focus] HSBC Research: Consumer loan policies effectively hedge against deflation expectations and may be welcomed by international investors.

Jinwu Financial News | HSBC Research published a report stating that the latest consumer loan stimulus policy released by the National Financial Regulatory Authority (NFRA) effectively counteracts deflationary expectations through a strengthened regulatory framework. The bank believes that the latest policy may be welcomed by international investors. It noted that this policy adjustment has a positive impact on China Mainland Banking stocks, addressing the pain points of growth, asset quality, and inflation, and is expected to accelerate loan growth this year through increased policy intensity. HSBC indicated that, from a micro perspective, individual banks with large retail banking and credit card businesses, specifically mentioning CM BANK (03968) and Citic, may benefit from this.

Jingwu Financial NewsMar 17 03:13 ET

In-depth | New policies for loans to technology enterprises for mergers and acquisitions have been implemented for half a month, and national Banks are "competing" for publicly listed companies that are Specialized, Special and New, while city commercial

① Less than two weeks after the new policy implementation, some large state-owned banks and joint-stock banks have already responded. In most cases, the businesses receiving credit loans have both the labels of listed companies (or potential listings) and Specialized, Special and New. ② Compared to the steady advancement of large state-owned banks and joint-stock banks, the actions of city commercial banks are currently noticeably slower. ③ Technology merger and acquisition loans inherently have limitations and are suitable for regions with many technology companies and strong innovation capabilities, such as Beijing, Shanghai, and Guangzhou.

cls.cnMar 17 01:31 ET

Trending Stocks Today: CPIC Jumps 10.5%

Moomoo NewsMar 14 02:00 ET

Hong Kong stocks move | China Mainland Banking continues its upward trend. JPMorgan states that Ping An still has room for increased Private Equity in China Mainland Banking. The dividend yield of those Listed in Hong Kong is more attractive.

China Mainland Banking stocks continue to rise. As of the time of writing, CM BANK (03968) is up 4.02%, trading at 50.45 Hong Kong dollars; China CITIC Bank Corporation (00998) is up 3.33%, trading at 6.21 Hong Kong dollars; Industrial And Commercial Bank Of China (01398) is up 2.7%, trading at 5.7 Hong Kong dollars; China Construction Bank Corporation (00939) is up 2.24%, trading at 6.84 Hong Kong dollars.

Zhitong FinanceMar 13 23:39 ET