515290 Tianhong CSI Bank ETF
- 1.104
- +0.009+0.82%
42 bank stocks collectively flourished, and bank ETFs rose 15% during the year
The banking sector rose, with 42 bank stocks collectively flourishing. China CITIC Bank rose more than 6%. Bank of Jiangsu, Agricultural Bank, Zheshang Bank, Everbright Bank, Bank of Communications, etc. followed suit. The stock prices of China CITIC Bank, China Construction Bank, Bank of China, and Agricultural Bank hit record highs in the intraday period. In terms of ETFs, China Merchants Fund Bank ETF preferred to increase by more than 2%. Bank ETF Tianhong, Bank ETF E-Fangda, Wells Fargo Fund Bank Leading ETF, Bank ETF Huaxia, Wells Fargo Fund ETF, Penghua Fund, China Securities Bank ETF, China Southern Fund Bank ETF, Hua'an Fund Bank ETF Index Fund, and Huitianfu Fund Bank
Many bank ETFs have risen by more than 10% this year
Bank stocks have risen. China CITIC Bank, Bank of Nanjing, Bank of Agricultural Bank, Bank of Chengdu, Bank of Beijing, and Bank of Jiangsu have risen by more than 15% since this year. In terms of ETFs, Huatianfu Fund Banking ETF, Wells Fargo Fund Bank Leading ETF, Huaan Fund Bank ETF Index Fund, China Merchants Fund Bank ETF Choice, E-Fangda Fund Bank ETF E-Fangda, Tianhong Fund Bank ETF Tianhong, China Southern Fund Bank ETF, Huaxia Fund Bank ETF Huaxia, Wells Fargo Fund Bank ETF, and Huabao Fund Bank ETF have increased by more than 10% this year. Bank ETFs track the China Securities Bank Index, which consists of stock pockets
The central bank “cuts interest rates”! Securities ETFs and bank ETFs are flourishing
GLONGHUI, August 15丨Today, securities and banks rose, with Penghua Fund Securities ETF leading ETF, Wells Fargo Fund Bank leading ETF, Huitianfu Fund banking ETF, Cathay Pacific Fund financial ETF, and E-Fangda Securities insurance ETF flourishing. According to the news, today, the central bank's open market launched a 401 billion yuan 1-year MLF and a 204 billion yuan 7-day reverse repurchase operation. The winning bid interest rates were 2.5% and 1.80% respectively, compared to 2.65% and 1.90% respectively last time. Since 400 billion yuan of 1-year MLF and 6 billion yuan of 7-day reverse repurchases expire today, net investment of 1990 billion yuan was achieved on the same day
Bank ETFs rose, and funds underallocated to the banking sector in the second quarter
On July 28, the banking sector continued to rise. Zijin Bank rose more than 9%, Bank of Lanzhou rose more than 6%, Bank of Ningbo and Bank of Chengdu rose more than 5%, and Bank of Hangzhou, China Merchants Bank, and Postbank followed suit. Bank ETFs Huaxia, Wells Fargo Fund Bank Leading ETF, Huabao Fund Bank ETF ETF, Bank ETF Bank of China Southern Fund ETF, Bank ETF Tianhong rose more than 3%, while Wells Fargo Bank ETF, Bank ETF ETF Huaan, Huitianfu Fund Banking ETF, and China Merchants Fund Bank ETF preferred to rise. Looking at fund holdings, institutional positions were heavy at the end of the 2nd quarter of 2023
Are foreign investors bearish on banks? Bank ETFs fall
On July 6, 丨Bank stocks fell, China Merchants Fund Bank ETF Preferred, Huitianfu Fund Banking ETF fell more than 1%, Bank ETF E-Fangda Bank, Huabao Fund Bank ETF, Wells Fargo Fund Bank Leading ETF, Bank ETF, Wells Fargo Fund Bank ETF, Bank ETF Huaan, Bank ETFs, Bank ETFs Tianhong, Penghua Fund China Securities Bank ETFs continued to fall. According to the news, a “small essay” about Goldman Sachs downgrading the individual stock ratings of domestic banks is circulating in the market. Recently, Goldman Sachs released a research report on the Chinese banking industry and adjusted the rating report “Test” of A-share banks
Bank of Nanjing reports outstanding results in three quarters. Major shareholders continue to increase their holdings to highlight confidence. | Bank
In the third quarter, the revenue and net profit of Nanjing Bank increased by nearly 38% and 36% respectively. Zhang Jingyu, a reporter from the Investment Times, disclosed its three-quarter report on October 29. According to the report, the bank's operating income in the first three quarters increased by 21% compared with the same period last year, and its net profit increased by 22% compared with the same period last year. In particular, in the third quarter, the two increased by nearly 38% and 36% respectively compared with the same period last year, and the performance was particularly eye-catching. As of the end of September, the total assets of the Bank of Nanjing were 1.7 trillion yuan, an increase of more than 190 billion yuan, or more than 12%, over the beginning of the year; the total amount of deposits exceeded 1%.
Behind the performance growth of Changshu Bank: the decline of capital adequacy ratio is penalized due to post-loan management problems | Bank
Changshu bank's capital adequacy ratio was 11.88% at the end of the third quarter of this year, down 0.1 percentage points from the end of the first half of this year. The bank was fined 550000 yuan for post-loan management problems in the first half of the year. With the rapid growth of the performance and scale of Tian Wenhui, a researcher at the Investment Times, on the one hand, it needs capital replenishment to follow up in time, on the other hand, it will also bring more challenges to management. Jiangsu Changshu Rural Commercial Bank Co., Ltd. (hereinafter referred to as Changshu Bank, 601128.SH) achieved good growth in the first three quarters of this year, and the net profit belonging to shareholders of listed companies increased by 19.04% compared with the same period last year. However, the bank was fully capitalized at the end of the third quarter of this year.
On November 2nd, there was a net outflow of 11.75 billion yuan from the Shanghai and Shenzhen stock markets to reduce positions in chemicals, banks and public utilities.
E company statistics show that on November 2, there was a net outflow of 11.75 billion yuan from the main capital of the Shanghai and Shenzhen stock markets. From the industry level, the net purchases of electronics, national defense and military industry, and automobiles ranked first, at 4.88 billion yuan, 2.62 billion yuan, and 1.419 billion yuan, respectively. Chemical industry, banks and public utilities were among the top net sales of main funds, at 5.869 billion yuan, 2.809 billion yuan and 2.328 billion yuan, respectively. The automobile industry received a net purchase of 11.339 billion yuan from the main funds for eight consecutive days, accounting for 3.04% of the turnover during the period. Details of individual stocks from the point of view of continuous trading, Filihua, Xinlitai, Jingyan science and technology
The profits of 9 banks in Jiangsu exceeded 30 billion yuan.
By the end of last week, the three-quarter report of listed banks in 2021 ended. Overall, 41 A-share listed banks have achieved a double increase in revenue and net profit. In addition, the non-performing rate has declined. The reporter noted that the net profits of the nine listed banks in Jiangsu exceeded 30 billion yuan in the third quarter of this year, and the profits of most banks increased by more than double digits compared with the same period last year. The reporter learned that with the improvement of China's epidemic prevention and control situation and the sustained recovery of the national economy, the performance of the banking industry continued to recover steadily in the first three quarters of this year, and the performance of most listed banks has exceeded the pre-epidemic level. Data show that in the first three quarters of 2021, net shareholders belong to the parent company.
"soundness" is still the key word for the development of commercial banks.
"soundness" is still the key word for the development of commercial banks, Xu Beibei recently, 41 A-share listed banks have been disclosed in three quarterly reports. Overall, listed banks continued the steady development trend in the first half of the year in the third quarter, with positive growth in operating income and return net profit of most banks, and net profit growth of more than 20% in some joint-stock banks and city commercial banks. The non-performing loan ratio of most banks has fallen, and the quality of assets has continued to improve. Observing the three quarterly reports of listed banks, "soundness" is the key word. First of all, soundness is reflected in the steady increase in performance and the enhancement of profitability. According to statistics, in addition to Shanghai Agricultural Commercial Bank, among the other 40 listed banks, there are 33 bank operators.
Behind the "turnaround" of the performance of listed banks: credit impairment losses reduced by 38.2 billion yuan
Compared with the sluggish performance of the same period last year, the three-quarter reports submitted by A-share listed banks this year have finally fought a "turnaround". In the first three quarters of this year, 41 listed banks achieved a combined net profit of nearly 1.5 trillion yuan belonging to the shareholders of the parent company, an increase of 13.61 percent over the same period last year, according to the three-quarter report. The figure is in sharp contrast to a sharp drop in net profits of more than 7 per cent in the same period last year. Under the premise of stable improvement in asset quality, the provision of listed banks has also been reduced. By the end of the third quarter of this year, the total credit impairment loss of listed banks was 998.428 billion yuan, the same as last year.
Bank Capital debt: the opportunity to fall out is fleeting
Core point in the last three weeks, we are most optimistic about the opportunity for secondary capital bonds to fall out, but as capital bonds are re-recognized by investors, we re-evaluate their performance-to-price ratio. Since the beginning of this year, the bank capital bond market has gone through three stages. from the beginning of the year to August, the institutional demand is strong, and the bank capital debt spread has narrowed to an all-time low. In the second stage, from the end of August to the beginning of October, it was impacted by the new rules on amortized cost management. Bank capital debt has been sold off and prices have been adjusted sharply. In the third stage, the spread of bank capital debt has narrowed rapidly under the pressure of underallocation since the end of October. We say frankly that the best time to go against the trend is over, and there are still coupon opportunities.
Two shareholders of Eddie Technology pledged a total of 24.6 million shares to pledge bank loans.
On November 1st, Zhang Zhenzhang, a shareholder of Eddie Technology (stock code: 834707), pledged 17.8 million shares, accounting for 30.43% of the company's total share capital. Among the shares pledged this time, 13.38 million shares are shares with limited conditions of sale and 4.42 million shares with unlimited conditions of sale. The pledge period is from September 22, 2021 to September 22, 2022. The pledged shares shall be used to pledge the bank loans of the company, and the pledgee shall be the Wuhan Branch of China CITIC Bank Corporation Co., Ltd., and there is no relationship between the pledgee and the pledging shareholders. The pledged shares have been pledged at China Clearing on October 28, 2021.
Zhou Ye of Pudong Development Bank: large retail is the inevitable way for banks to give full play to their advantages and form a closed-loop service.
Wen / Yang Xi, with the continuous growth of residents' wealth, "wealth management" has become a high-frequency vocabulary sweeping the industry. The direction of the torrent of the times is irresistible. In the field of commercial banks, the "wave" of big retail and big wealth management is sweeping in. In the view of Zhou Ye, assistant to the general manager of the retail business department of Pudong Development Bank, the promotion of large retail and big wealth management strategy is the inevitable way for commercial banks to give full play to the advantages of cooperation within their groups, to form the integration of production, supply and marketing, and the closed loop of personalized services, and to form a differentiated competitive advantage in the market. As a practitioner in the infiltrating industry, Zhou Ye believes that, in a sense, banks
Bank digitalization helps to promote 09600.HK financial IT business
Phoenix New Media Hong Kong stocks | the recent contraction of commercial bank outlets continued. As of October, 1720 commercial bank outlets were closed in 2021, behind which the digital transformation of banks has achieved remarkable results. According to the Bancassurance Regulatory Commission, the total investment in information technology in banking institutions was 207.8 billion yuan in 2020, an increase of 20 percent over the same period last year. At the same time, digital money has been advancing continuously since 2014, and many banks have also increased their layout of financial technology in recent years. Some research institutions said that the application direction of financial technology is mainly concentrated in big data, artificial intelligence, blockchain technology, RPA several directions. According to the "China Securities Association"
A number of banks have reduced the purchase rates of consignment funds and changed the profit model of consignment.
On November 1, Capital State learned that a few days ago, Societe Generale announced that it would offer a 90% discount on some of the consignment funds sold on a regular basis from October 22, 2021 to March 31, 2022. According to the relevant announcement, there are a total of 355 funds participating in the discount rate activities, involving 25 fund companies. The discount list shows that there are many star fund products participating in the event. It is worth noting that during the year, a number of banks have issued fund sales-related discount announcements. In July this year, China Merchants Bank announced that the application rate for more than 1,000 equity funds would be reduced to
Brazilian Open Bank enters a new phase, integrating Pix and facilitating online shopping
Original title: Brazilian Open Bank enters a new phase, integrating Pix and facilitating online shopping author: Renato the third phase of the Brazilian Open Bank, which began on October 29, allows financial institutions to exchange customer data and information. The main highlight of the third phase is that Pix can be more easily used for online shopping. The third phase of opening up banks will make it possible to share payment service information. As a result, different financial institutions in the market will be able to exchange customer data to complete payments. By 2022, financial institutions will have access to consumer data to send credit advice to the latter. To open up the bank
Summary of the three quarterly reports of 36 A-share listed banks in 21 years: the prosperity trend is upward
Core idea: performance continues to improve steadily. The revenue, PPOP and net profit of 36 A-share listed banks in the first three quarters of 21 increased by 7.7%, 6.8% and 13.6% respectively compared with the same period last year, which increased by 1.8PCT, 1.9PCT and 0.6PCT respectively compared with the first half of the year. Revenue and PPOP growth increased for 2 consecutive quarters, while profit growth increased for 4 consecutive quarters. The marginal change trend of revenue and PPOP growth of the four sub-sectors is consistent with that of the industry, and all continue to improve, among which the City Commercial Bank and the Agricultural Commercial Bank have improved more; the profit performance is differentiated, and only the stock banks return to the mother and net.
Banking Weekly report: summary of three quarterly reports: acceleration of revenue and profit, improvement of asset quality, continuation of differentiation
Summary of the three quarterly reports of listed banks: the acceleration of revenue and profit, the improvement of asset quality, and the continuation of differentiation. The operating income, PPOP and net profit of 37 A-share listed banks grew by 7.7%, 6.8% and 13.6% respectively over the same period last year. The growth rate of revenue and profit was higher than that of the China report, and the difference in the growth rate of revenue and profit tended to converge, confirming the views of our previous report. Revenue growth is steadily improving, mainly benefiting from "steady volume and flat price" supporting the growth of interest income, while non-interest income is higher than the same period last year; the increase in profit growth has decreased, mainly due to the fading of the low base effect. The profit growth rate of 12 banks has exceeded 20%, most of them are high-quality regional cities such as Jiangsu and Zhejiang.
Listed banks are busy “boosting blood”; Bank of Wuxi and Zheshang Bank plan to raise capital to supplement capital
On November 1, Capital Bank learned that the Bank of Wuxi recently issued a fixed increase plan. It plans to privately issue no more than 320.5 million shares (including principal amount), raising a maximum of 2 billion yuan (including capital). Coincidentally, Zheshang Bank also disclosed an announcement in the Third Quarterly Report on the same day. The total amount raised by the proposed allotment of shares will not exceed RMB 18 billion, all of which will be used to supplement core Tier 1 capital. According to the plan for the non-public issuance of A-shares issued by the Bank of Wuxi, the number of A-shares currently issued by the bank is no more than 320.5 million shares (including the principal amount), and the total capital raised does not exceed 2 billion yuan (including the principal amount). After deducting the relevant issuance expenses, all of it will be used to supplement