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The Agricultural Bank Of China (01288.HK) plans to issue 0.8 billion USD floating rate notes effective April 28.
Gelonghui, April 25 - Agricultural Bank Of China (01288.HK) announced that the Hong Kong branch of China Agricultural Bank Co., Ltd. will issue 0.8 billion U.S. dollars of floating rate notes maturing in 2028. The listing and trading permission for the notes is expected to take effect on April 28, 2025.
Industrials, Agriculture, and China Banking reach new highs again! The Banks Sector continues to be hot, and today's "new high bull" scan shows that these directions also have a high proportion.
①Today, Bank stocks became active again, among which, the three major banks, Industrial, Agricultural, and China, continue to hit historical highs, with Construction Bank approaching its historical peak. ②The financing balance of the Banks sector has slightly declined compared to mid-April, while still remaining at a relatively low level for this year. ③A total of nearly 20 stocks reached historical highs today, with the highest proportion being Autos stocks, and there are also many from basic chemicals, agriculture, forestry, animal husbandry, and fishing, and the Banks stocks.
Agricultural Bank Of China (01288.HK) will announce its Earnings Reports on April 29.
$Agricultural Bank Of China (01288.HK) will release its Earnings Reports on April 29, and investors are advised to pay attention. How were the previous results? Q1 2024 revenue was 186.147 billion yuan, Net income was 70.839 billion yuan, and EPS was 0.19 yuan. Futubull tips: 1. There are no strict regulations on the accounting year division for Hong Kong and US listed companies; it is completely determined by the enterprise, so each Earnings Reports period can serve as the company's annual report deadline, rather than following the natural calendar year as the fiscal year. 2. Generally speaking, the company will hold an Earnings Reports meeting on or around the date of the above-mentioned Earnings Reports release.
Banks have increased interest rates on consumer loans in advance, with more low-interest products hidden in the "discount track."
Indirect remarks highlight the "cost performance" even more.
Exclusive | Banks that stabilize foreign trade and foreign investment are taking action, with banks in coastal provinces responding to requests: for foreign trade enterprises, "no loan withdrawal, no loan interruption".
① Many Banks have actively taken action regarding "stabilizing foreign investment and foreign trade." From large state-owned banks to local urban commercial banks, several Banks are providing support to foreign trade enterprises in various ways based on their own advantages; ② Recently, banks in major foreign trade provinces along the Southeast Coast have received relevant requests to "not withdraw loans and continue lending" to local foreign trade enterprises.
The central bank and four other departments: Enhance the functions of the Cross-border Interbank Payment System (CIPS) and its Global network coverage.
① The plan proposes to enhance the functionality of the RMB cross-border payment system and its global network coverage, encouraging more Banks to join CIPS and continuously expand the coverage of the CIPS network. ② The plan also suggests optimizing the management model and business processes for Forex business, improving the Conglomerates' Global fund management system, expanding the functionality and application scenarios of free trade Accounts, and promoting Financial Institutions to enhance their digital service levels.
104255742 : but why is it not buying back its own shares?
Mr Worldwide 世界仔 OP 104255742 : debt to equity at 1.3, it has limited room to take on more debt. it is not worth to repurchase its stock which main business is insurance.