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Chinese big banks are accelerating the disposal of non-performing home loans to avoid further erosion of their balance sheets and in response to calls from the Chinese government to support the economy, Bloomberg quoted sources as saying.It has been reported that, in recent months, financial regulators have urged banks such as I...
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Brokers| Investment Ratings | TPs (HK$)HSBC Global Research│Buy│8.8DBS│Buy│8.8BOCI│Buy│8.5JP Morgan│Overweight│7.55Huatai Securities│Buy│7.45UBS│Buy│7.4Citi │ Buy │ 7.28CICC│Outperform│6.77UOB Kay Hian│Buy│6.7~AAStocks Fin...
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CCB (00939.HK) will release its full-year results for 2024 this Friday (28th). Amid macro economy in mainland China, challenges in Chinese property loans, and NIM pressure, a consensus of three brokers compiled by this website predicted that CCB’s 2024 net profit will range between RMB335.328 billion and RMB337.368 billion...
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According to a Hong Kong stock strategy report issued by BOCOMI, Hong Kong stocks, spurred by the policy benefits of the Chinese government's issuance of the "Special Action Plan to Boost Consumption", rallied early last week, with the HSI once approaching the 25,000-mark.With short-term optimism gradually dissipat...
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CCB (00939.HK) (601939.SH) announced that it will by the end of 202 provide no less than RMB8 trillion in financing support to private economic entities.CCB stated that it will continue to optimize product offerings, strengthen resource support, and expand service coverage to achieve this goal. At the moment, CCB serves nearly 1...
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