01658 PSBC
- 4.410
- -0.050-1.12%
PSBC News
PSBC to Sell Beneficial Interest in Funds, Asset Management Plan
Postal Savings Bank of China or PSBC (HKG:1658, SHA:601658) plans to transfer part of the beneficial interest of certain trusts and an asset management plan to China Post Capital Management for around
Postal Savings Bank of China to Pay Out Interim Dividend in H1
Postal Savings Bank of China (HKG:1658, SHA:601658) plans to pay out an interim dividend of not more than 30% of the attributable profit for the first half of 2024, according to a Thursday filing with
Postbank (601658.SH) plans to transfer multiple trust beneficiary rights or asset management plan income rights to China Post Capital at a price of 51,576 billion yuan
The Postbank (601658.SH) announced that the bank plans to use a total price of 51,576 billion yuan to manage China Post Capital...
Postal Savings Bank of China Plans Profit Sharing
PSBC: ANNOUNCEMENT ON THE RELEVANT ARRANGEMENT FOR 2024 INTERIM PROFIT DISTRIBUTION
Postbank (01658) nominates and proposes re-election of bank directors
The Postbank (01658) issued an announcement. The bank's board of directors met on May 30, 2024 to review and agree...
Postbank (01658.HK) plans to transfer trust beneficiary rights and asset management plan income rights for $51.6 billion
Gelonghui, May 30, 丨 Postbank (01658.HK) announced that on May 30, 2024, the board of directors reviewed and passed the “Proposal on Transferring Part Trust Benefit Rights and Asset Management Plan Benefit Rights to China Post Capital Management Co., Ltd.” The Bank intends to transfer the underlying trust beneficiary rights and the underlying asset management plan income rights to China Post Capital. The total cost of the transfer was RMB 5,157,620.95 million. After the transfer is completed, the Bank no longer holds the beneficiary rights of the underlying trust and the right to benefit from the underlying asset management plan. The beneficiary rights of the underlying trust refer to all of the subjects enjoyed by the Bank under the trust contract
Five Major Lenders Contribute to China's 344 Billion Yuan Integrated Circuit Fund
Five major Chinese banks were among 19 entities that invested in the third phase of China's 344 billion yuan national fund, according to the lenders' disclosures published on the Shanghai Stock Exchan
Postal Savings Bank of China Backs Tech Fund
Postbank (01658.HK): Plans to invest 8 billion yuan in the third phase of the National Integrated Circuit Industry Investment Fund
Gelonghui, May 27丨Postbank (01658.HK) announced that recently, the bank signed the “National Integrated Circuit Industry Investment Fund Phase III Co., Ltd. Initiator Agreement” with 19 institutions including the Ministry of Finance. It is proposed to invest RMB 8 billion in the National Integrated Circuit Industry Investment Fund Phase III Co., Ltd. (the “Fund”), with a shareholding ratio of 2.33%. Actual payment is expected within 10 years from the date the fund is registered and established. According to reports, the fund was jointly funded by 19 institutions including the Ministry of Finance, with a registered capital of RMB 344 billion. The scope of business includes private equity investment fund management and venture capital
Postal Savings Bank of China Plans Board Meeting
Postbank (01658.HK) will hold a board meeting on May 30 to review interim profit distribution
Gelonghui, May 20 | Postbank (01658.HK) announced that the board of directors meeting will be held on May 30, 2024 to review and approve the relevant arrangements for the 2024 interim profit distribution.
PSBC: NOTICE OF BOARD MEETING
Minsheng Securities: Bank AH Shares High Premium Nuggets H Shares High Dividends
Bank AH share premiums are still at historically high levels. On the one hand, tax policy expectations are improving, and premiums are expected to subside with financial support. On the other hand, the discount on H shares also brings dividend advantages. At the same time, it is also necessary to consider the relative disadvantages of liquidity and settlement efficiency in the H share market.
Yinsheng Digifavor's Unit Shenzhen NNK to Provide Digital Marketing Services to Postal Savings Bank of China
Yinsheng Digifavor's (HKG:3773) unit Shenzhen Niannianka Network Technology has agreed to provide digital marketing services to Postal Savings Bank of China, according to a filing with the Hong Kong E
Changes in Hong Kong stocks | CCB (00939) rose more than 4%, leading the rise, and the valuation of domestic banks is still underrated. H-share banks may benefit from potential Hong Kong Stock Connect dividend tax relief
The Zhitong Finance App learned that Bank of China stocks were higher across the board in early trading. As of press release, CCB (00939) rose 4.14% to HK$5.79; China Merchants Bank (03968) rose 3.64% to HK$38.45; ICBC (01398) rose 3.13% to HK$4.61; and Postbank (01658) rose 2.96% to HK$4.52. China Galaxy Securities released a research report saying that credit has maintained reasonable growth, the pace of investment is more balanced, and structural optimization will become the main feature. Monetary policy will pay more attention to quality and efficiency, continuously enrich the monetary policy toolbox, and supervise
Bank stock Pusheng Construction Bank (00939) rose 3.6%, and Galaxy Securities continues to be optimistic about the allocation value of the banking sector
Jinwu Financial News | Bank stocks rose 3.6%, ICBC (01398) rose 2.91%, China Merchants Bank (03968) rose 2.83%, Bank of Communications (03328) rose 2.5%, Bank of Chongqing (01963) rose 2.15%, and Postbank (01658) rose 2.05%. According to China Galaxy Securities Research, social finance growth falls short of expectations mainly due to the slow pace of base and government bond issuance. Subsequent issuance of trillions of ultra-long-term treasury bonds, there are opportunities for improvement. Credit investment continues to face a pattern of weak demand side, in addition to regulatory orientation
A subsidiary of Yinsheng Digital Hui (03773) plans to provide digital marketing services to the Postbank
Zhitong Finance App News, Yinsheng Shuhui (03773) announced that the company's Chinese operating subsidiary Shenzhen Niannian Card Network Technology Co., Ltd. (Shenzhen Annual Card) has signed a cooperation agreement with China Post Savings Bank Co., Ltd. regarding the digital marketing services provided by Shenzhen Annual Card to the bank. The company's board of directors anticipates that the Group will be able to enhance its competitiveness and user base in the digital marketing service industry through this agreement, and the synergy brought about by the cooperation will benefit the development of the Shenzhen Annual Pass business.
Vanke Enterprise (02202) applied for a 1.3 billion yuan loan from the Postbank to provide guarantees to its subsidiary
Vanke Enterprise (02202) announced that in order to meet business needs, the company applied for a bank loan from the Shenzhen Luohu District Branch of China Post Savings Bank Co., Ltd., with a total loan amount of RMB 1.3 billion, for a period of 3 years.
Direct impact of changes | Domestic bank insurance stocks collectively rose in early trading, and banking insurance channels recreated major new regulations
On May 10, $Bank Stocks (BK1239) $$Domestic Insurance Stocks (BK1228) $ collectively increased during the morning intraday period. As of press release, $Postbank (01658.HK) $ rose 7.36% to HK$4.52; $Agricultural Bank (01288.HK) $ rose 6.18% to HK$3.78; $CCB (00939.HK) $ rose 6.25% to HK$5.61; $ICBC (01398.HK) $ rose 4.60% to HK$4.55; $China Taibao (02601.HK) $ rose 8.25%
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