Provoking public outrage! Twelve Banks in Shenzhen collectively draw the line with a lending assistance Institutions to continue fighting against financial "black and gray industries."
① Local financial regulatory officials indicated that "the chaos of illegal loan intermediaries has always been a key focus of industry regulation, and this loan intermediary claims to have partnerships with several Banks in the region, which has not had a good impact." ② A related individual from a certain joint-stock bank confirmed with the bank's Shenzhen branch that it was notified by the compliance and legal department of the head office to issue a related statement; ③ Regulatory officials stated that the organization in Shenzhen has "been conducting investigations" related to financial "black and gray industry" issues.
An average of 5.5 branches are closed each day, and the insurance industry is undergoing a major "sales transformation" this year.
Shut down offline branches to accelerate the transition to an efficient model.
The market has risen and fallen! What happened?
The entire market is looking for reasons!
【Data Monitoring】Institutional activity has significantly increased, with speculative capital and Algo competing for Hengbao Co.,Ltd.
① The number of stocks bought and sold by Institutions on the Dragon Tiger List has significantly increased, among which the Medical Device Concept stock, Haooubo, received a Buy of 0.134 billion from two Institutions. ② The stablecoin concept stock, Hengbao Co., Ltd., received a total Buy of over 0.2 billion from three leading funds, while being sold for 0.235 billion by one leading fund, and this stock also had two Algo accounts make a T trade.
Express News | Hong Kong-listed bank stocks collectively rose, with Bank of Zhengzhou gaining nearly 7%, MINSHENG BANK up over 5%, China CITIC Bank Corporation up more than 3%, and BOC HONG KONG, Agricultural Bank Of China, and Bank Of Communications each rising by more
[Data View] The four major futures indexes are increasing short positions against the trend, as Institutions and speculative funds join forces to buy into CNPC Capital.
① The major contracts of the four major futures index have significantly increased their short positions, with the number of short positions exceeding that of long positions, among which the short positions of the IM futures index increased by over 12,000 contracts. ② In the cross-border payment Concept stocks, CNPC Capital was bought by an Institution for over 90 million, while also receiving a total of over 0.16 billion from two top speculative seats.
Why did brokerage stocks surge? An interpretation from Morgan Stanley.
Morgan Stanley stated that in the past five days, H-shares and A-share brokerage stocks rose an average of 12.6% and 6.3% respectively, significantly outperforming the SSE Mega-cap Index. This was mainly driven by the Bullish signals from the easing of global geopolitical uncertainty, increased trading activity in the Hong Kong stock market, and positive regulatory signals released at events such as the Shanghai Lujiazui Finance & Trade Zone Development Forum.
Breaking news! A private fund under China Pacific Insurance has officially registered, with 20 billion in capital set to enter the market.
Another private equity fund affiliated with insurance capital has been added.
Agricultural Bank's Zhaotong branch was fined 2.4 million yuan, and two responsible individuals were prohibited from working in the Bank.
① The Zhaotong branch of Agricultural Bank Of China Co., Ltd. and related responsible persons were punished for imprudent loan management, imprudent management of working capital loans, and illegally granting fixed asset loans; ② The fine amount is 2.4 million yuan.
Opinion | Where will the funds go for IPO in Hong Kong? What other applications are in the queue? What are the impacts?
The Hong Kong IPO market is expected to fully recover in 2025. As of May 31, 2025, the number of IPOs on the Hong Kong Stock Exchange reached 28, an increase of 7.1 times compared to the same period in 2024. The return of Chinese concept stocks to Hong Kong stocks and A-share companies issuing H-shares will further boost market activity.
The profit effect from new share subscriptions has significantly rebounded! An analysis of 10 years of data reveals the ecology of Hong Kong stock IPOs, with international long-term funds actively allocating to quality Assets.
Since the beginning of this year, the Hong Kong stock market has shown strong upward momentum, and market activity has significantly increased. At the same time, leading enterprises from the mainland have successively listed in Hong Kong, becoming a beautiful view in the Capital Markets.
The funding for Phase II of Honghu has been secured, with New China Life Insurance announcing an investment of 10 billion yuan.
Insurance companies have joined forces to enter the market.
Industrial And Commercial Bank Of China, Bank Of China, China Construction Bank Corporation, and CM BANK have lowered the deposit interest rate for one-year fixed deposits below 1%.
On May 20, ICBC, Bank of China, China Construction Bank, and China Merchants Bank lowered the RMB deposit interest rates; the one-year fixed deposit interest rate fell below 1% to 0.95%.
Agricultural Bank Of China responds to the news that an elderly person in critical condition was required to withdraw money in person at the bank and passed away.
On May 14, Ms. Peng, 62 years old, was taken to the Agricultural Bank of China, Zhuzhou Tianxin Branch by her family in a wheelchair to withdraw money for medical treatment, and unfortunately passed away during this time. Relatives of the client had previously requested home service for the Business and were refused, but when Ms. Peng arrived at the branch, her condition was poor. The bank initiated a special process and informed that home service was available, but the family did not accept it.
The repercussions of the "Kangde Xin hundred billion fraud case" are still felt, and the Bank Of Beijing is involved in a lawsuit that has changed jurisdiction.
① Bank Of Beijing stated that the related lawsuits are existing cases, and this transfer only involves a change of jurisdiction court; the claims of the lawsuits have not changed. ② In 2024, Bank Of Beijing was sued by Foshan Rural Commercial Bank due to the Kangde Xin series of events, involving a claim amount as high as 60 million.
Premium income has shown a strong start, with New China Life Insurance experiencing a 27% increase in original premium income in the first four months.
Long-term insurance income has become key.
The Hong Kong stock market is experiencing an IPO craze! It is rumored that Ant International plans to independently list in Hong Kong. Which Concept stocks are expected to benefit?
Recently, ANT GROUP CO., LTD. has once again attracted attention from the Capital Markets.
The "national team" shareholding trends revealed, a list of stocks with increased shareholding in Q1.
① With the completion of the first quarter report disclosure, the hold positions of the "national team" (only statistics for China Securities Finance and Central Huijin) have also emerged; ② Attached is the national team's Q1 shareholding increase list of A-shares (attached table).
Rare among large banks! How did Agricultural Bank achieve revenue and profit growth against the trend in Q1?
China Merchants believes that the core benefit comes from Other non-interest growth against the trend, with a growth rate of 45.3% in Q1 2025. The high growth of Other non-interest against the trend indicates that Agricultural Bank may have realized gains at the low point of interest rates in the first quarter, on one hand achieving the entry of OCI floating profits into investment income, and on the other hand reducing the extent of floating losses caused by adjustments in the bond market.
Express News | The Hong Kong stock market's insurance sector is leading with strength, AIA is up over 5%.