China Everbright Bank Reports Stable Growth Amid Challenges

TipRanksMar 31 23:54 ET

Brokerage morning meeting highlights: The industry allocation recommendations for April should focus on two main lines.

At today's Brokerage morning meeting, Galaxy Securities stated that the characteristics of a short-term structural economic recovery remain evident, with industries related to new productive forces performing better; HTSC believes that increased investment in global AI computing power is expected to drive the performance of businesses in sectors such as Optical Communications to remain positive; China Securities Co., Ltd. suggested that the industry allocation recommendations for April should focus on two main lines.

cls.cnMar 31 20:46 ET

It is the "last day" for Consumer loan interest rates below 3%, and many Banks are still rushing to attract customers, fearing increased pressure on future lending.

① Many Banks are promoting a slogan "Last Day of Low Interest Rates", urging customers to quickly check their limits and receive interest rate coupons for withdrawals; ② Several Banks' Crediting personnel are concerned that an increase in Consumer loan rates may lead to a decrease in interest, continuing to increase lending pressure.

cls.cnMar 31 20:08 ET

China Everbright Bank's 2024 Profit Rises 2%; Net Interest Income Misses Estimate

MT NewswiresMar 31 06:06 ET

CEB BANK (06818.HK) will release its Earnings Reports on March 28.

$CEB BANK (06818.HK) will release its Earnings Reports on March 28, investors please pay attention. How was the previous performance? $CEB BANK (06818.HK) 2024 Q3 revenue is 32.62 billion yuan, Net income is 13.982 billion yuan, EPS is 0.20 yuan. Futubull tips: 1. There are no strict regulations on the fiscal year division time for stocks listed on the Hong Kong and US markets; it is entirely decided by the enterprises themselves, so each earnings report period can serve as the cutoff date for the company's annual report, rather than using the calendar year as the fiscal year. 2. Generally, the company will publish the above Earnings Reports.

Moomoo NewsMar 31 04:45 ET

Insight into the 2024 Banking Earnings Conference | Executives of China Everbright Bank expect a greater decrease in deposit interest rates this year, maintaining cautiousness regarding pressure on net interest margins.

① Considering that some fixed-term deposits will mature in a concentrated manner this year, it is expected that the decline in deposit interest rates will be even greater this year, reaching more than 25 basis points; ② Regarding the possibility of a reserve requirement ratio cut and interest rate reduction, China Everbright Bank's Vice President Liu Yan stated that only structural price changes are expected in the short term, and an overall interest rate cut may still need to wait for a period of time.

cls.cnMar 31 01:35 ET