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601658 Postal Savings Bank Of China
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About Postal Savings Bank Of China Company
The company can be traced back to the postal savings fund business established in 1919, and has a history of 100 years. In March 2007, China Postal Savings Bank Co., Ltd. was officially established on the basis of reforming the original postal savings management system. The Bank was completely restructured into a limited company in January 2012, introduced 10 domestic and foreign strategic investors in December 2015, listed on the Hong Kong Stock Exchange in September 2016, and listed on the Shanghai Stock Exchange in December 2019. It successfully completed the three-step reform goal of “Stock Reform - Leading the War - Listing A and H”. The main business is to provide banking and related financial services. Corporate honors: Bank Technology Development Award, Outstanding Organizational Unit for Joint Financial Education Promotion Activities, Innovation Practice Award, Convenience Service Award, Best Inclusive Finance Achievement Award, Most Brand-Valuable Listed Company, Best Listed Company Award, Top 10 Fintech Innovation Awards, etc. By the end of the reporting period, the Bank had a total of 8,030 institutions, including the head office, 36 first-level branches, 324 second-level branches, 2,167 first-level branches, 5,499 second-level branches, and 3 holding subsidiaries.
Revenue Breakdown
News
The Past Year for Postal Savings Bank of China (HKG:1658) Investors Has Not Been Profitable
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CITIC Construction Investment's 24-year outlook for the banking industry: three-bottom resonance promotes sector valuation restoration
CITIC Construction Investment released a research report saying that for a complete round of banking sector market conditions, it is necessary to experience the three key points of policy bottom, economic bottom, and performance bottom in sequence. The sector's performance characteristics will change markedly before and after the three major points.
Guangfa Securities: Q4 focuses on the phased opportunities of urban commercial banks and the high dividend logic, which is expected to restart in the first half of next year
The Zhitong Finance app learned that Guangfa Securities released a research report saying that Q4 focuses on phased opportunities for urban commercial banks, and the logic of high dividends is expected to restart in the first half of next year.