Lates News

According to a report released by Huatai Securities on April 30th, Ruifeng Bank (601528.SH) has been given a buy rating. The reasons for the rating include: 1) Revenue and profit growth rate slightly decreased compared to the end of 2024, significant cost savings in liabilities; 2) Loan structure tilting towards corporate, proportion of personal fixed-term deposits in deposit structure increasing; 3) Net interest margin slightly decreased month-on-month, decrease significantly narrowed year-on-year; 4) Asset quality stable, provision level increased. (Daily Economic News)