601528 Zhejiang Shaoxing RuiFeng Rural Commercial Bank
- 5.27
- -0.04-0.75%
Zhejiang Shaoxing RuiFeng Rural Commercial Bank News
Changjiang Securities: Expectations to improve asset quality drive bank stock valuation repair
The Zhitong Finance App learned that Changjiang Securities released a research report saying that PB valuations of bank stocks have been completely “broken” since the second half of 2023. Among them, urban investment and real estate risks are the core influencing factors. As CITIC Chemical Bonds mitigate liquidity risks, the real estate policy will be further relaxed, which will strengthen the logic of improving asset quality, open up valuation limits, and be optimistic that the valuation of high-quality bank stocks will return above 1.0xPB. At the individual stock level, we focus on recommending China Merchants Bank (600036.SH), which has both high dividends and real estate attributes, Changshu Bank (601128.SH), a high-performing stock driven by recovery expectations, and in-depth adjustments from 2023
Shen Wan Hongyuan: Delivering at the bottom of 24Q1 results focuses on high-quality urban agricultural commercial banks whose valuations are close to the sector average
The Zhitong Finance App learned that Shen Wan Hongyuan released a research report saying that the first quarterly report was the fulfillment of expectations to the bottom of performance. The period of greatest pressure on banking performance throughout the year was also the first half of the year. High dividend returns with stable profits and stable dividends in the banking sector are still the focus of short-term market capital. At the same time, attention should be paid to internal sector rotation and focus on high-quality urban agricultural commercial banks whose valuations are close to the average level of the sector. In terms of individual stocks, grasp the two main lines of “high-quality growth” and “steady dividends”. Recommended targets: 1) High-quality regional banks with better performance than peers and dynamic high dividend attributes, Bank of Suzhou (002966.SZ), Sunong Bank (
Ruifeng Bank (601528.SH) announced first-quarter results, net profit of 398 million yuan, up 4.69% year on year
According to the Zhitong Finance App, Ruifeng Bank (601528.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 1,055 billion yuan, an increase of 15.32% year on year; net profit to mother was 398 million yuan, up 4.69% year on year; after deducting non-net profit of 394 million yuan, an increase of 16.57% year on year. Basic earnings per share were 0.2 yuan.
Zhongtai Securities: State-owned banks all achieved positive profit growth in 2023. Prefer urban agricultural commercial banks with cheaper valuations for investment
The economy determines bank stock selection logic. Weak and strong economic recovery correspond to different target varieties, and bank stocks have steady and defensive properties.
Shen Wan Hongyuan: Continued optimism about bank stocks at the bottom of performance, bottom of valuation, and bottom of positions
Shen Wan Hongyuan said that he is optimistic about banks due to the characteristics of undervaluation, low holdings, low expectations and high dividends in the banking sector.
Rui Fung Bank (601528.SH)'s 989,700 restricted shares will be listed and circulated on March 25
Ruifeng Bank (601528.SH) announced that the total number of shares in circulation during the current stock listing of the company is 989,700 shares. The listing...
Cinda Securities: Credit achieves a “good start”, banks implement coordination mechanisms to support real estate financing
Cinda Securities released a research report saying that in anticipation of the sustainability of policy tools, we can currently focus on banks with strong fundamentals that are expected to gradually clear out their risks.
Open Source Securities: January's credit “good start” exceeded expectations, focusing on high-quality regional banks and dividend strategy stock banks
Credit's “good start” in January exceeded expectations, with highlights for both public and retail.
Zhongtai Securities: Defensive attributes continue, the banking sector gains relative gains
Zhongtai Securities released a research report saying that the economy determines banks' stock selection logic, and the recovery of weak and strong economies corresponds to different target varieties.
Some directors and executives of Ruifeng Bank (601528.SH) increased their holdings by 271,800 shares
Ruifeng Bank (601528.SH) announced that as of December 17, 2023, the company's remuneration period...
Ruifeng Bank (601528.SH): Implementation of measures to stabilize stock prices completed
Glonghui on December 18丨Ruifeng Bank (601528.SH) announced that as of December 17, 2023, the current holdings increase plan has been implemented. During the implementation of the current holdings increase plan, current directors (excluding independent directors) and senior managers who received remuneration from the Bank used their own funds to increase their holdings of the Bank by 271,800 shares through the Shanghai Stock Exchange trading system through centralized bidding, accounting for 0.01% of the Bank's total share capital, with a cumulative increase of 1,416,000 yuan. The transaction price range was 4.81 yuan/share to 6.00 yuan/share.
Guoxin Securities: Potential downsides in the banking sector have been significantly reduced to maintain the industry's “overmatched” rating
After experiencing the exposure of real estate risks and the adjustment of interest rates on stock mortgages, the potential downside of the banking sector has decreased markedly, which means that there is little risk of declining valuations and maintaining the industry's “overmatched” rating.
Ruifeng Bank (601528.SH): The ban on 441,500 restricted shares was lifted on November 27
Gelonghui November 20丨Ruifeng Bank (601528.SH) announced that the total number of shares listed and distributed by the company is 441,500. The stock listing and circulation date is November 27, 2023.
Guangfa Securities: In the fourth quarter, the main line of transactions in the urban commercial bank sector focused on targets such as Bank of Ningbo (002142.SZ)
According to a research report released by Guangfa Securities, the decline in the revenue growth rate of urban commercial banks in the first three quarters was mainly affected by the sharp decline in the growth rate of other non-interest income and the negative impact of interest spreads on interbank debt.
Ruifeng Bank (601528.SH) released the first three quarter results, net profit of 1,258 billion yuan, up 16.88% year on year
Ruifeng Bank (601528.SH) released its report for the third quarter of 2023. The company achieved operating income of 2 in the first three quarters...
Huachuang Securities: Huijin increases its holdings in the financial stocks of the four major banks and welcomes “strengthening agents”
Behind the increase in Huijin's holdings: long-term undervaluation of bank stocks and the divergence of prudent fundamentals.
Ruifeng Bank (601528.SH): Zhejiang Keqiao Transformation and Upgrading Industry Fund Co., Ltd. will become the company's largest shareholder
Glonghui Bank, September 26丨Ruifeng Bank (601528.SH) announced that the Bank's largest shareholder, Shaoxing Keqiao District, Tiansheng Investment Management Co., Ltd. and its controlling shareholder, Shaoxing Keqiao District Transportation Investment and Construction Group Co., Ltd. and Zhejiang Keqiao Transformation and Upgrading Industry Fund Co., Ltd. signed the “Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co., Ltd. Transfer Agreement” on September 26, 2023. Tiansheng Investment and Keqiao Trading respectively transferred 31,857,166 shares and 27,077,810 shares of the Bank's shares to the restructured and upgraded company through an agreement transfer. , total transfers 158,9
Shaoxing Ruifeng Rural Commercial Bank Chairman Resigns
Zhang Weidong has stepped down as chairman of Zhejiang Shaoxing Ruifeng Rural Commercial Bank (SHA:601528), according to a filing on Friday. He holds 689,000 shares of the bank. He has served as chair
Ruifeng Bank (601528.SH): Chairman Zhang Weidong resigns
Glonghui, September 7: Ruifeng Bank (601528.SH) announced that recently, the Bank's board of directors received a written resignation from Chairman Zhang Weidong. Due to his age, Mr. Zhang Weidong applied to resign as Chairman of the Bank, Executive Director, Chairman of the Development Strategy Planning Committee, Chairman of the Sannong Financial Services Committee, Chairman of the Sannong Financial Services Committee, and Member of the Nomination and Remuneration Committee.
Ruifeng Bank (601528.SH) released semi-annual results, net profit of 730 million yuan, an increase of 16.8% over the previous year
Ruifeng Bank (601528.SH) disclosed the 2023 semi-annual report. The company achieved revenue of 18.9 during the reporting period...
Analysis
Price Target
No Data
