CICHY CHINA CONST BKWatchlist
About CHINA CONST BK Company
China Construction Bank Corp. engages in the provision of corporate and personal banking services. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury Business, and Others. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies, and financial institutions, which comprises of corporate loans, trade financing, deposit taking, and wealth management services, agency services, financial consulting, and advisory services, cash management services, remittance and settlement services, custody services, and guarantee services. The Personal Banking segment includes personal loans, deposit taking and wealth management services, card business, remittance services, and agency services to individual customers. The Treasury segment represents inter-bank money market transactions, repurchase and resale transactions, investments in debt securities, and trade of derivatives and foreign currency. The Others segment refers to equity investments and revenues, results, assets and liabilities of overseas branches and subsidiaries. The company was founded in October 1954 and is headquartered in Beijing, China.
Changes in Hong Kong stocks | Domestic bank stocks collectively fell in early trading, Da Mo said net interest spreads continued to narrow, lowering the target price of domestic banks by an average of 12%
Domestic banking stocks fell collectively in early trading. As of press release, Bank of Qingdao (03866) fell 4.63% to HK$2.06; Minsheng Bank (01988) fell 4.1% to HK$2.57; Bank of Communications (03328) fell 3.8% to HK$4.56; ICBC (01398) fell 3.71% to HK$3.63; and China Construction Bank (00939) fell 2.94% to HK$4.29.
In September, 15 banks were intensively investigated! Interest rate cuts on stock mortgages and asset quality have received attention, and institutions are optimistic about sector allocation value
With the continuous optimization of real estate policies and the continuous advancement of CIT-related bonds, it is expected that hidden asset quality of listed banks will gradually be eliminated, and bank valuations are expected to enter an upward channel.
Chinese Banks' Net External Financial Assets Hit $125.5 Billion in Q2
The total external financial assets of Chinese banks reached $1.5 trillion by the end of June, with external liabilities totaling $1.38 trillion, resulting in net external assets of $125.5 billion, a