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02/05/2025
Bank of Japan: With the overseas economy recovering moderately, exports and output may pick up the rising trend.
Latest
2 m ago
In 2025, the May Day holiday travel market continued to rise in popularity. The China Railway Group predicts that during the 8-day May Day holiday period, the national railway will transport 144 million passengers, an increase of 4.9% compared to the previous year. To cope with the peak passenger flow, this year the China Railway Group plans to run more than 12,000 passenger trains per day on average, and increase capacity through the coupling of high-speed trains and night trains. Data from Ctrip shows that during the May Day holiday, the distance traveled by tourists has significantly extended, with over 80% of accommodation bookings crossing cities. Data from Tuniu Travel Network shows that the number of bookings for national May Day group tours increased by as much as 220% compared to the previous week. (CCTV News).
2 m ago
During the "May Day" holiday, China Railway Corporation plans to operate an average of more than 12,000 passenger trains per day.
3 m ago
Meilan Airport shares surge nearly 7%, controlling stake to change hands
3 m ago
Every Economy AI flash news, Tianfeng Securities released a research report on May 2, giving Agricultural Bank of China (601288.SH) a buy rating. The rating reasons mainly include: 1) Looking at the breakdown of non-interest income, investment net income is still impressive; 2) In the first quarter of 2025, under the background of continuous reduction in LPR in 2024, affected by the repricing of new year loans, Agricultural Bank of China recorded a net interest margin of 1.34%, down 8bp month-on-month and 10bp year-on-year. (Daily Economic News)
3 m ago
Each Jing AI news, Tianfeng Securities released a research report on May 2, giving Industrial Bank (601166.SH) a buy rating. The main reasons for the rating include: 1) Further decline in revenue and profits; 2) Steady expansion in scale, with slight decline in net interest margin; 3) Operating income turning positive, while other non-interest incomes significantly negative growth; 4) Relatively stable asset quality. (Daily Economic News)
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