The CSI Consumer 360 index is rebounding after hitting the bottom, banks stocks are performing strongly against the trend, and under the continuous shrinking environment, defense may become the main melody for short-term trading.
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Bank Of Communications' Tu Hong: Three major aspects to help foreign trade enterprises cope with the impact of the tariff war.
The seventh session of the "Shanghai Lujiazui Finance & Trade Zone Development Financial Salon" successfully concluded in Shanghai Pudong, and the General Business Director of Bank Of Communications and the President of the Shanghai branch, Tu Hong, delivered a speech.
Confident moves! Bank Of Communications and Shanghai Pudong Development Bank have rarely disclosed Company Business Data before the quarterly report.
① In response to several joint-stock banks and rural commercial banks rarely disclosing Company Business Data before the quarterly report, someone in the East China banking industry told a reporter from the Financial Association, "It's all to boost confidence." ② One bank's net increase in loans for the first quarter reached a new seasonal high in recent years. Experts explain that the data on bank deposits and loans shows stable growth, which can intuitively display the resilience of the bank's Business and stabilize market sentiment.
Insights into the 2024 Banking Earnings Conference | What impact does the Ministry of Finance's capital injection have? How to cope with a low interest rate environment? This is how executives from the Postal Savings Bank Of China respond.
① The Chairman of the Postal Savings Bank Of China, Zheng Guoyu, stated that the recent registration by the Ministry of Finance will eliminate past doubts from the public regarding the Postal Savings Bank Of China being in a state of 'tight balance' in terms of capital replenishment; ② The President of the Postal Savings Bank Of China, Liu Jianjun, mentioned that the reduction of LPR and the decrease in mortgage rates for existing loans will put significant pressure on the bank. This year, the bank will continue to strengthen interest margin management; ③ In response to the low interest rate environment, 'water must be squeezed out of the dry towel with low profit.'
How do you view the Ministry of Finance's current round of capital injection? Executives from Bank of China,交通 Bank, Construction Bank, and Postal Savings Bank Of China responded together.
① The Shanghai Stock Exchange held a "2025 State-owned Large Commercial Banks Private Placement Investor Briefing", where executives from the four major state-owned banks attended the roadshow and introduced relevant information. ② The recent round of capital injection by the Ministry of Finance did not involve Industrial And Commercial Bank Of China and Agricultural Bank Of China. How will the subsequent capital replenishment plans for these two major banks be arranged? The Financial Association reporter has contacted Industrial And Commercial Bank Of China and Agricultural Bank Of China multiple times today regarding this matter, but no responses have been received.
Agricultural Bank of China Limited (ACGBY) Q4 2024 Earnings Call Transcript Summary