Fitch Ratings: The strengthening of the policy functions of Chinese state-owned Banks enhances expectations for government support.

Fitch Ratings indicates that the strengthening of the policy functions of state-owned banks in China has deepened their connection with the central government, which helps boost the government's support expectations for them. Fitch believes that despite the recent downgrade of China's sovereign rating to 'A', several key rating drivers supporting the ratings of state-owned banks have strengthened, thus the likelihood of these banks receiving government support has not changed. Based on this, Fitch confirmed the issuer ratings of five state-owned banks on April 8, 2025, and upgraded the rating outlook from negative to stable. According to Fitch's rating criteria, Fitch grants typical domestic systemically important banks in China (D-

AASTOCKSApr 22 12:13

POSTAL SAVINGS BANK OF CHINA CO UNSP ADR EACH REP 20 ORD SHS To Go Ex-Dividend On April 23rd, 2025 With 0.31344 USD Dividend Per Share

April 21st (Eastern Time) - $POSTAL SAVINGS BANK OF CHINA CO UNSP ADR EACH REP 20 ORD SHS(PSTVY.US)$ is trading ex-dividend on April 23rd, 2025.Shareholders of record on April 23rd, 2025 will

Futu NewsApr 22 09:00

Banks have increased interest rates on consumer loans in advance, with more low-interest products hidden in the "discount track."

Indirect remarks highlight the "cost performance" even more.

wallstreetcnApr 21 20:49

Postal Savings Bank Of China (01658.HK): Application for issuance of A-shares Stocks to specific objects has been accepted by the Shanghai Stock Exchange.

On April 21, Gelonghui reported that the Postal Savings Bank Of China (01658.HK) announced that it received a notification from the Shanghai Stock Exchange (hereinafter referred to as the Exchange) on April 18, 2025, regarding the acceptance of the application for the issuance of securities by China Postal Savings Bank Co., Ltd. for listing on the Main Board (Shang Zheng Shang Shen [Refinancing] [2025] No. 113). The Exchange verified the prospectus and related application documents submitted by the bank in accordance with relevant regulations, found that the application documents were complete and met the statutory format, and decided to accept the application and conduct the review in accordance with the law. This time, the bank is applying to

Gelonghui FinanceApr 21 19:53

Exclusive | Banks that stabilize foreign trade and foreign investment are taking action, with banks in coastal provinces responding to requests: for foreign trade enterprises, "no loan withdrawal, no loan interruption".

① Many Banks have actively taken action regarding "stabilizing foreign investment and foreign trade." From large state-owned banks to local urban commercial banks, several Banks are providing support to foreign trade enterprises in various ways based on their own advantages; ② Recently, banks in major foreign trade provinces along the Southeast Coast have received relevant requests to "not withdraw loans and continue lending" to local foreign trade enterprises.

cls.cnApr 21 17:30

The central bank and four other departments: Enhance the functions of the Cross-border Interbank Payment System (CIPS) and its Global network coverage.

① The plan proposes to enhance the functionality of the RMB cross-border payment system and its global network coverage, encouraging more Banks to join CIPS and continuously expand the coverage of the CIPS network. ② The plan also suggests optimizing the management model and business processes for Forex business, improving the Conglomerates' Global fund management system, expanding the functionality and application scenarios of free trade Accounts, and promoting Financial Institutions to enhance their digital service levels.

cls.cnApr 21 15:20