Nomura Adjusts Postal Savings Bank of China's Price Target to HK$4.36 From HK$3.92, Keeps a Neutral

01:23 AM EDT, 04/19/2024 (MT Newswires) -- Nomura Adjusts Postal Savings Bank of China's Price Target to HK$4.36 From HK$3.92, Keeps a Neutral

MT NewswiresApr 19 01:23 ET

Wanlian Securities: The bank's overall profit growth or entry into the bottom zone, and the short-term sector's defensive properties are still quite obvious

Looking back, in high dividend strategies, support factors on the denominator side may have responded a lot, and stability on the molecular side has become the key logic for high-dividend stock selection.

Zhitong FinanceApr 17 21:54 ET

郵儲銀行：2023年年報

Futu NewsApr 17 18:17 ET · Announcements

Postbank (01658.HK) plans to hold a board meeting on April 29 to approve the first quarter results

Gelonghui, April 17, 丨 Postbank (01658.HK) issued an announcement. The board meeting will be held on April 29, 2024 (Monday) to review and approve (among other things) the first quarter results of the Bank and its subsidiaries for the three months ended March 31, 2024 and their announcements.

Gelonghui FinanceApr 17 04:38 ET

Fitch downgrades six Chinese state-owned banks to “negative” rating outlook

Jinwu Financial News | Rating agency Fitch adjusted the rating outlook for the six Chinese state-owned banks, Industrial and Commercial Bank (01398), China Construction Bank (00939), Bank of China (03988), Agricultural Bank (01288), Bank of Communications (03328), and Postbank (01658), respectively, from “stable” to “negative.” According to Fitch, this revision of the bank's rating outlook was carried out after China's sovereign rating outlook was adjusted from “stable” to “negative” earlier. Although it is believed that the country's tendency to support banks remains unchanged, the country's ability to provide support to these banks has declined. Fitch continues

金吾財訊Apr 16 05:01 ET

China Banks' Profit May Hold Up in 1Q -- Market Talk

0539 GMT - Profits at China banks may hold up in 1Q despite a challenging operating environment leading to subdued revenue generation, says Lawrence Chen, an analyst with CCB International, in a note.

WSJApr 16 01:39 ET