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Express News | Zhongshan Broad-Ocean Motor: plans to repurchase shares with an amount not exceeding RMB 0.2 billion and receiving a special loan of RMB 0.139 billion for the share buyback.
Express News | Zhang Guoqing: It is necessary to promote the "three concentrations" of state capital, encourage state-owned enterprises to further emphasize their main businesses and focus on the real economy, serving as long-term capital, patient capital, and strategic
Express News | Changhua Chemical: Intends to repurchase shares worth no more than 20 million yuan.
Express News | The Fed has lowered interest rates again, and banks have followed suit by reducing the US dollar deposit rates.
China Construction Bank Corporation (601939): Profit growth rate turns from negative to positive, narrowing interest rate decline.
Recently, China Construction Bank Corporation disclosed its third-quarter report for 2024. The year-on-year growth rates of revenue, PPOP, and net profit attributable to the parent company for 24Q1~3 were -3.3%, -4.2%, 0.13% respectively, with growth rates changing compared to 24H1.
People's Daily article: A large number of incremental policies are "on the way" to achieve a 5% economic growth target enhancement.
The article by Jin Sheping published in the People's Daily stated that the mainland's confidence in achieving the target of around 5% economic growth is increasing. At the press conference for the 'Three Quarters Report,' the National Bureau of Statistics stated that looking at GDP growth rates by year, the first quarter was 5.3%, the second quarter was 4.7%, and the third quarter was 4.6%. When viewed monthly, the third quarter grew by 0.9%, maintaining positive growth for nine consecutive quarters. 'Stability' and 'progress' remain the main themes of the mainland's economy. The four major macro indicators of growth, employment, inflation, and international balance of payments show that the overall economic indicators are stable with steady progress, providing a good foundation for the mainland's macro economy to maintain resilience. The report quoted,
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