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date
14/05/2025
Maijie Technology stated on the interactive platform that at present, the company's products have no involvement in the military industry.
Latest
2 m ago
According to reports, Contemporary Amperex Technology Co., Ltd. (CATL) is said to have set the guidance price for its Hong Kong IPO at HK$263 per share.
4 m ago
Recently, Ernst & Young released a report conducting a detailed analysis of 58 listed banks. These 58 banks account for 83% and 96% of the total assets and net profits of commercial banks nationwide, respectively. Their operational dynamics and development strategies have become important indicators for understanding the direction of the Chinese banking industry. The report shows that the average net interest margin of listed banks has been continuously declining for five years, dropping to 1.52% in 2024, leading to a continuous compression of profit margins. In 2024, the net interest income of the 58 listed banks decreased by 2.2% year-on-year for two consecutive years. Among them, large banks, national joint-stock commercial banks, and rural commercial banks saw a decrease of 1.58%, 5%, and 6.16% in net interest income, respectively, while only city commercial banks achieved a growth of 1.5%. In the first quarter of 2025, the net interest income of 42 A-share listed banks continued to decline, with a decrease of 1.65% compared to the same period in 2024 (21st Century Business Herald).
4 m ago
Decreasing net interest margin for five consecutive times, listed banks broke the "addition and subtraction" deadlock.
5 m ago
Hong Kong insurance stocks continued to rise in the afternoon, with China Taiping up 8.5%, China Taibao up 7.4%, People's Insurance Group of China up 5.8%, China Life up over 5%, and Ping An Insurance up over 3%.
5 m ago
The securities sector rose, and Hongta Securities hit the limit up.
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