ZHITONG AH Statistics | July 10

AH Statistics | July 10

Zhitong FinanceJul 10 16:15

Qingdao Venture Capital and Private Equity Conference Held; Qingdao Fund Industry Development Alliance Launched

Gelonghui, July 8 — The 2026 Qingdao Venture Capital and Private Equity Conference was held at the Qingdao International Convention Center. At the event, the Qingdao Fund Industry Development Alliance was officially established, having already attracted more than 100 member institutions, including state-owned enterprises, leading investment firms, financial institutions, intermediary service providers, and scientific research institutes. The alliance aims to create an industry-finance matchmaking platform featuring government-enterprise collaboration and multi-party coordination, fostering the growth of long-term and patient capital. Additionally, the Qingdao municipal government signed strategic cooperation agreements with Shanghai Pudong Development Bank, Guotai Junan Securities, and Zhongtai Securities. The Qingdao Municipal Financial Services Office also signed agreements with ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, and

Gelonghui FinanceJul 8 12:40

Hong Kong-listed mainland Chinese bank stocks broadly rose, with ten banks distributing dividends exceeding RMB 90 billion this week; institutions are optimistic about the banking sector's performance in the third quarter.

Guosen Securities believes that in the second quarter, the SW Banking Index declined by 9.1%, with the core contradiction lying in market liquidity. The rally in technology and growth stocks accelerated and intensified, sharply boosting market risk appetite and driving capital toward high-upside technology sectors, leading to systematic underweighting of the banking sector.

Zhitong FinanceJul 8 10:03

Hong Kong Market Moves | Mainland China Banking Stocks Lead Gains as 10 Banks Distribute Over RMB 90 Billion in Dividends This Week; Institutions Bullish on Q3 Performance of Banking Sector

Domestic bank stocks led the gains. As of the time of writing, Bank of China (03988.HK) rose 3.32% to HK$4.98; China Construction Bank (00939.HK) gained 3.19% to HK$8.08; ICBC (01398.HK) climbed 2.62% to HK$6.66; and Agricultural Bank of China (01288.HK) advanced 2.42% to HK$5.51.

Zhitong FinanceJul 8 09:50

In the first half of the year, 103 village and township banks were approved for dissolution, and some nationwide banks accelerated the conversion of village branches into sub-branches.

① From January 1 to June 30 this year, local regulators cumulatively issued announcements approving the dissolution of 103 village banks—a pace exceeding that of the same period last year. ② In the first half of this year, local regulators have intensified efforts to guide institutions under their jurisdiction in advancing the conversion of village banks into branch offices (“village-to-branch” reform). The number of village banks disappearing is expected to remain elevated in the second half of the year. ③ Several nationwide commercial banks are currently pursuing the complete elimination of their village bank subsidiaries.

cls.cnJul 1 17:25

Bank of Communications will shut down its individual agency precious metals business on the Shanghai Gold Exchange, as multiple banks intensify restrictions.

Gelonghui, June 30 — Bank of Communications announced that, effective from the end-of-day settlement on Friday, July 24, 2026, it will discontinue its agency precious metals trading services for individual clients on the Shanghai Gold Exchange. According to the announcement, the affected contract types include: Au99.99, Au100g, Au99.95, PGC30g, Au(T+D), mAu(T+D), Ag(T+D), among others. After the service closure, clients holding open positions or physical inventory will no longer be able to close positions, sell holdings, or request physical delivery through channels such as mobile banking or online banking.

Gelonghui FinanceJun 30 22:06