“Post-70s” Yuan Jun plans to be the governor of the Bank of Jiangsu
On the evening of April 15, the Bank of Jiangsu issued an announcement. The board of directors of the company agreed to appoint Yuan Jun as the company's president and also agreed to Yuan Jun as a candidate for the company's director. Currently, his qualifications as governor are subject to approval by the supervisory authorities; proposals relating to the company's director candidates still need to be submitted to the company's shareholders' meeting for review and approval. According to his resume, Yuan Jun, male, born in 1971, has a college degree, is an economist, and is currently the deputy party committee secretary of the Bank of Jiangsu. Previously, Yuan Jun served as a non-bank clerk and inspection office clerk in the Jiangsu Branch Audit Office of the People's Bank of China, a clerk at the Nanjing Branch Inspector's Office of the People's Bank of China, and a discipline inspection inspector at the Inspector's Office (
Bank of Xiamen announces performance report: net profit increased 6.18% year-on-year in 2023
Year-on-year decline in operating income
The new governor of the Bank of Shanghai was officially settled, and Shi Hongmin, the former deputy governor, took over
Rich retail line experience
Bring out more “real money”! The voluntary increase in holdings of directors and supervisors of the Bank of Xiamen “soared” 1.5 times
The implementation period for increasing holdings is the same as the original plan
The Bank of Shanghai released its three-quarter report: The number of pension customers increased to 1.587 million, achieving net profit of 17.345 billion yuan
On October 27, the Bank of Shanghai's three-quarter report was released. The quarterly report shows that in the first three quarters of 2023, the Bank of Shanghai achieved operating income of 39.273 billion yuan, a year-on-year decrease of 5.76%; net profit attributable to shareholders of the parent company was 17.345 billion yuan, an increase of 1.03% over the previous year. At the end of September 2023, the Bank of Shanghai had total assets of 3059.114 billion yuan, up 6.27% from the end of the previous year; the non-performing loan ratio was 1.21%, down 0.04 percentage points from the end of the previous year; and the provision coverage rate was 290.02%, maintaining a high level. During the year, Shanghai continued to become an old service characteristic, rich
The Bank of Jiangsu increased its holdings by nearly 100 million shares in 14 months, and the Bank of Jiangsu was overtaken by the majority shareholders to increase its holdings
Highlight confidence?
CICC: PBOC Cuts LPRs as Expected; CN Banks Likely to See Ray of Hope
People's Bank of China (PBOC) announced to cut the 1-year and 5-year or above LRPs by 10 bps and 5 bps, to 3.7% and 4.6%, respectively, reported CICC. The LPR cuts, primarily aimed at reflecting the r
The Bank of Nanjing intends to acquire the controlling stake of SUNING Xiaojin and will obtain a consumer finance license.
[TechWeb] on January 16th, Bank of Nanjing (601009) issued a supplementary announcement of the resolution announcement of the board of directors, announcing its intention to acquire the controlling stake of SUNING Consumer Finance Co., Ltd. (hereinafter referred to as "SUNING Xiaojin"). On January 14, the Bank of Nanjing held the ninth meeting of the Ninth Board of Directors. The board of directors examined and passed the "motion on the acquisition of controlling shares in financial institutions", which is now supplemented by the main contents of the bill. According to the official website, SUNING Xiaojin was established with the approval of Bank of China Ltd. Insurance Regulatory Commission, by SUNING (002024) and Xiansheng Zaikang Jiangsu Pharmaceutical Co., Ltd.
Bank of Ningbo to Raise $1.9 Billion From Rights Issue; Shares Fall Nearly 3%
09:50 PM EST, 11/21/2021 (MT Newswires) -- Bank of Ningbo (SHE:002142) is seeking to raise 12 billion yuan ($1.88 billion) from the sale of 600.8 million new shares at 19.97 yuan apiece, according to
Bank of Zhengzhou Raises $1.6 Billion from Sale of Renminbi Bonds in China for Capital Boost
08:40 PM EST, 11/16/2021 (MT Newswires) -- Bank of Zhengzhou (SHE:002936, HKG:6196) issued 10 billion yuan ($1.6 billion) worth of renminbi bonds with no definite maturity in China's interbank debt m
Huaneng Power Raises Nearly $782 Million from Sale of 99-Day Renminbi Bonds in China
01:17 AM EST, 11/08/2021 (MT Newswires) -- Huaneng Power International (HKG:0902) sold 5 billion yuan ($781.6 million) worth of renminbi bonds in China, proceeds of which will be used to boost workin
Chinese Stocks Decline on Signs of Weaker Growth -- Market Talk
0144 GMT - Chinese stocks are lower, tracking broad declines among other Asian equities. Sentiment may be weighed by signs of weakening growth in China, IG says. Premier Li has highlighted new d
Bank of Zhengzhou Logs Net Profit of $137 Million in Q3
04:52 AM EDT, 11/01/2021 (MT Newswires) -- Bank of Zhengzhou (HKG:6196, SHE:002936) posted a net profit attributable to shareholders of 877.9 million yuan ($137.1 million) in the third quarter ended
Bank of Qingdao's Net Profit Surges 30% in Q3
04:07 AM EDT, 11/01/2021 (MT Newswires) -- Bank of Qingdao (HKG:3866, SHE:002948) logged a net profit attributable to shareholders of 620.8 million yuan ($96.9 million) in the third quarter ended Sep
Huaneng Power Sells $313 Million of 37-Day Renminbi Bonds in China
02:52 AM EDT, 10/29/2021 (MT Newswires) -- Huaneng Power International (HKG:0902) sold 2 billion yuan ($313 million) worth of renminbi bonds in China, proceeds of which will be used to boost working
Bank of Shanghai’s Q3 Profit Jumps 11% as Revenue Rises 13%
02:02 AM EDT, 10/29/2021 (MT Newswires) -- Bank of Shanghai (SHA:601229) posted an 11.4% annual jump in profit in the third quarter of the year, as revenue grew 13.4% from a year earlier, according t
China Longyuan Power Sells $313 Million of Renminbi Bonds; Shares Rise 6%
10:59 PM EDT, 10/24/2021 (MT Newswires) -- China Longyuan Power Group (HKG:0916) on Friday sold 2 billion yuan ($313 million) worth of renminbi bonds to raise funds to pay for interest-bearing liabil
Longyuan Power Raises $311 Million from Sale of 90-Day Renminbi Bonds in China; Shares Slide 3%
03:53 AM EDT, 10/18/2021 (MT Newswires) -- China Longyuan Power Group (HKG:0916) sold 2 billion yuan ($310.8 million) worth of renminbi-denominated bonds on Oct. 15, proceeds of which will be used to
Caihua insight | the banking sector is dancing, is Ping an Bank "physically strong"?
Recently, the banking sector once again attracted market attention, we all saw the National Day before the selling pressure China Merchants Bank (600036.SHmai03968.HK) in a hurry to catch up after the holiday and bring a wave of market outside, but in fact, the Ping an Bank (000001.SZ) has quietly become the rising king of bank stocks since October. Ping an Bank rose 9.20 per cent this month, the highest among diversified banking categories, as of October 13, 2021, according to Wind. Ping an Bank temporarily took the lead, or mainly due to its better fundamentals. From Ping an Bank.
Four senior executives were warned and sued for bank loans. Where does Oceanwide go?
On September 23rd, Oceanwide Holdings issued a major litigation announcement, and the Shanghai Branch of Bank of Beijing sued the company's overseas subsidiaries, Oceanwide Holdings and its holding subsidiary Minsheng guarantee to the court. Oceanwide Holdings International is required to repay the principal of 69.3 million US dollars (about 447.5 million yuan). Affected by the news, Oceanwide Holdings fell again in early trading, with a price of 2.10 yuan per share as of press time, down 1.41%. It has rebounded from the lowest price of 1.91 yuan per share in nearly a decade at the end of July, but it is still hovering at a low ebb. Banks sued, executives were warned, and Oceanwide Holdings made things worse.