Hong Kong stock market noon update | all three major indexes fell sharply, with internal banking, marine transportation, and golden industrial concept stocks falling. COSCO Shipping Holdings fell nearly 13%, and Zhaojin Mining fell nearly 11%.

The three major indexes in Hong Kong all fell collectively. As of noon break, the Hang Seng Index fell 1.67%, and at one point during the day, it fell below the 18,000 point mark. The Technology Index fell 1.24%, and the State-Owned Enterprise Index fell 1.68%.

Futu NewsJun 11 12:14

Bank of communications announced that it will concentrate on cleaning up this type of debit card. What is the situation? Industry insiders: upgrading and replacing to save costs.

On June 7, Bank of Communications announced on its official website that in order to further improve its account services, it will concentrate on clearing unit debit cards, and existing accounts will be transferred for balance and cancelled. Customers who have further card needs can apply for a unit settlement card at the Bank of Communications branch. Industry insiders believe that this move can be seen as clearing some bank businesses that already have better alternatives and is conducive to cost savings.

cls.cnJun 7 18:30

HSBC China launches digital RMB business for enterprises and completes the first trade.

HSBC China announced that it has launched digital RMB services for its corporate customers, becoming one of the first foreign banks to offer digital RMB services to both corporate and retail customers.

Zhitong FinanceJun 7 13:48

Futu Morning Post | European Central Bank lowered interest rates as scheduled by 25 basis points; Gamestop rose more than 30% in after-hours trading.

According to Goldman Sachs, the US stock market will continue to rise in the second half of the year, but there should be "moderate expectations" for the remaining time of the year's ROI; while for Morgan Stanley, the recent drop in international oil prices is only temporary, and it is expected to rise again in the coming months.

Futu NewsJun 7 08:08

Under the pressure of rising non-performing loan ratio, zybank continues to increase its efforts in disposing of non-performing assets. Ten branches have taken actions within this year.

On June 5th, Zhongyuan Bank's Pingdingshan branch released five pieces of information on the transfer of non-performing assets on the Silver Register Center, and at least 10 branches of the bank have carried out non-performing asset transfers this year. Experts believe that in recent years, commercial banks have continued to write off bad debts and maintain a stable level of NPLs. In the future, with the development of fintech and the expansion of channels for handling non-performing assets, there is still room for improvement in the bad loan ratio of the banking industry.

cls.cnJun 5 22:55

Dah Sing Financial Holdings Limited Goes Ex Dividend Tomorrow

Seeking AlphaJun 5 21:53