601998 China CITIC Bank Corporation
- 6.54
- -0.05-0.76%
China CITIC Bank Corporation News
Express News | Tianye Co., Ltd.: Applying for a loan from banks
Shareholding of over 50 billion! Asset management giant can't help it anymore.
Source: China's largest financial asset management company, Citic Financial Asset Management Co., Ltd. (referred to as Citic Financial Asset Management, stock code $Citic Financial Assets (02799.HK)$), announced on the evening of November 8th that it will further promote the investment allocation plan. The total amount of the new investment plan is as high as 50.3 billion yuan, to increase shareholding in three listed companies! Citic Financial Asset Management stated that in recent years, the company has seized market opportunities and carried out a series of investment allocations, achieving positive results. In order to maximize shareholder interests, the company plans to further optimize the investment path based on the previous investments made.
Brokerage morning meeting highlights: China's semiconductor industry's domestic market demand and self-controllable direction are clear.
At today's brokerage morning meeting, citic sec believes that the domestic market and self-controllable direction are clear development directions for China's semiconductor industry; gtja pointed out that the improvement in domestic demand is expected to continue to heat up, highlighting the elasticity of baijiu; htsc stated that bank performance is expected to stabilize, seizing structural opportunities.
China Citic Bank Corporation (00998.HK) completed the issuance of a total of 30 billion RMB financial bonds.
China Citic Bank Corporation (00998.HK) announced the completion of the issuance of the 2nd financial bonds of 2024 (24 China Citic Bank Bonds 02BC) and the 1st phase of the 2024 Agricultural Special Financial Bonds (24 China Citic Bank Agricultural Bonds 01BC). The issuance scale of 24 China Citic Bank Bonds 02BC is 25 billion yuan, with a variety of 3-year fixed-rate bonds, and a coupon rate of 2.06%. The funds raised will be used to optimize the structure of medium to long-term assets and liabilities, increase stable sources of medium to long-term liabilities, and support the development of medium to long-term asset business. The issuance scale of 24 China Citic Bank Agricultural Bonds 01BC is 5 billion yuan,
China Citic Bank Corporation (00998.HK) has successfully issued the 2024 financial bonds (second tranche) and the 2024 'Three Rural' special financial bonds (first tranche).
Gelonghui, November 7th | China Citic Bank Corporation (00998.HK) announced that, according to the People's Bank of China's "Administrative Licensing Decision" (Yin License Approval Decision No. [2024] No. 6), China Citic Bank Corporation Limited (hereinafter referred to as "the Bank") has been authorized to issue financial bonds, with a new balance of financial bonds in 2024 not exceeding 80 billion yuan, and the year-end balance of financial bonds not exceeding 360 billion yuan. The Bank's issuance of financial bonds in 2024 (Phase II) (Bond Code) (hereinafter referred to as "24 China Citic Bank Bonds 02BC") and the 2024 "Agricultural, Rural, and Farmers" special financial bonds (Phase I) (Bonds
Express News | Members of the self-discipline mechanism under the central bank (banks) discuss regulating the pricing of interbank deposits: including not absorbing interbank funds at high stock prices, to prevent arbitrage.
Pan Gongsheng: steadily promoting the opening up of the financial services industry and financial market systems, expanding the interconnection of domestic and foreign financial markets.
①The fundamentals of the Chinese economy, the broad market, strong economic resilience, and great potential have not changed; ② Continue to adhere to the supportive mmf policy, strengthen communication with the market, and constantly improve the quality and effectiveness of financial services.
Bank stocks generally rose, with cm bank (03968) up 3.23%. Institutions point out that the policy turning point accumulates positive factors in the basic fundamentals of banks.
Golden Finance News | Bank stocks generally rose, ZYBank (01216) rose by 9.38%, CM Bank (03968) rose by 3.23%, Industrial and Commercial Bank of China (01398) rose by 3.16%, Postal Savings Bank of China (01658) rose by 2.44%, Bank of Communications (03328) rose by 2.01%, China Construction Bank Corporation (00939) rose by 1.97%, China CITIC Bank Corporation (00998) rose by 2%. Galaxy Securities stated that bank revenue and net profit have recovered, interest rate spreads have narrowed, the optimization effect of debt costs is gradually emerging, major banks' crediting and risk resistance capabilities are expected to benefit from national capital increase implementation. Finance
Express News | The 12th meeting of the 14th National People's Congress Standing Committee: Deepening revitalization and utilization to improve the efficiency of state-owned asset management.
Express News | Huakang Medical: is planning to repurchase company shares in the range of 50 million yuan to -70 million yuan. It has already signed a loan agreement with China Citic Bank Corporation for an amount not exceeding 49 million yuan.
fushun special steel (600399.SH): china citic bank corporation fushun branch has agreed to provide a loan limit of up to 0.1 billion yuan for the company's share repurchase.
fushun special steel (600399.SH) announced that, in accordance with the previous announcement, the company will...
Large banks are accelerating their efforts to expand into lower-tier cities! The balance of inclusive small and micro loans is increasing, while interest rates are declining. Small and medium-sized banks are speeding up their efforts to attract customers.
From the perspective of inclusive finance, state-owned major banks have continued to lower the average interest rate of inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Shareholding banks and city commercial banks are competing for customers based on service quality.
Express News | How did the performance of the nine joint-stock banks in the first three quarters? The non-performing loan ratio saw one increase, five decreases, and three remained stable, with both Minsheng Bank and China Merchants Bank experiencing a decrease in reven
Express News | Runfeng Corporation: Intends to use 65 million to -0.13 billion yuan of its own funds and special loan funds for share buyback to repurchase company shares.
China Citic Bank Corporation (00998.HK) plans to hold a third quarter performance briefing on November 12.
Grain Hui November 4th | China Citic Bank Corporation (00998.HK) announced that China Citic Bank Corporation Limited disclosed its third quarter report for 2024 on October 31, 2024 on the Shanghai Stock Exchange website () and the bank's website(). In order to enable investors to have a more comprehensive understanding of the performance and operation of the third quarter of 2024, a performance briefing will be held on November 12, 2024 (Tuesday) from 15:00 to 16:00 in the afternoon to communicate on issues of general concern to investors. This meeting will be held through online interaction and will focus on the performance of the third quarter of 2024.
Zhejiang Shibao Invests 35 Million Yuan in Wealth Management Product
Citic Sec: The implementation of advanced methods of capital measurement is progressing in an orderly manner. It is recommended to reevaluate the investment value of banks.
From the perspective of bank sector investment, the revenue growth rate and profit growth rate of listed banks in the third quarter have both improved, the overall asset quality is stable, currently in the observation period of macroeconomic policy effectiveness, and subsequent policy support is expected to bring about relief of real risks, especially in credit risks in the local government financing platforms and real estate sector, which are the solid foundation for the stability of banks' net assets.
China Citic Bank Corporation (601998) Third Quarter Report Review for 2024: Improvement in interest spread compared to the previous quarter, with stable assets quality.
Event: On October 30, China Citic Bank Corporation released the third quarter report of 2024, with revenue of 162.2 billion in Q1-Q3, a year-on-year increase of 3.8%, achieving a net income attributable to the mother of 51.8 billion, a year-on-year increase of 0.8%.
Express News | 12 companies have been approved for the second batch of the CSI A500 ETF Flash, with the first batch of the CSI A500 off-exchange index already selling nearly 50 billion.
Changes in the CEO of Shinhan Bank International.
Citic International has appointed Shen Qiang as an executive director, president, and chief executive officer, who will formally take over from Bi Mingqiang after regulatory approval. Bi Mingqiang resigned for personal development reasons and has left the company today. Shen Qiang's appointment will take effect officially upon regulatory approval, and before that, the positions will be held by Janny Chinn as executive director, vice president, and director of personal and commercial banks. Prior to joining Citic International, Shen Qiang served as the general manager of the Credit Execution Department of the parent company China Citic Bank.
Analysis
Price Target
No Data
No Data