The CSI Consumer 360 index is rebounding after hitting the bottom, banks stocks are performing strongly against the trend, and under the continuous shrinking environment, defense may become the main melody for short-term trading.

Track the entire lifecycle of the main Sector.

cls.cnApr 16 21:22 ET

Confident moves! Bank Of Communications and Shanghai Pudong Development Bank have rarely disclosed Company Business Data before the quarterly report.

① In response to several joint-stock banks and rural commercial banks rarely disclosing Company Business Data before the quarterly report, someone in the East China banking industry told a reporter from the Financial Association, "It's all to boost confidence." ② One bank's net increase in loans for the first quarter reached a new seasonal high in recent years. Experts explain that the data on bank deposits and loans shows stable growth, which can intuitively display the resilience of the bank's Business and stabilize market sentiment.

cls.cnApr 8 10:26 ET

Insight into the 2024 Banking Earnings Conference | After being nominated as the president of China Zheshang Bank, Chen Haiqiang made his debut at the Earnings Conference, stating that the Asset structure needs to shift towards "low-risk, stable returns."

① Chen Haiqiang stated that against the current backdrop of low interest rates, low interest spreads, and high risks, we are driving the Operation to shift from asset-driven to liability-driven. ② Assistant President and Chief Risk Officer Pan Huafeng expressed a continued firm determination to clear risks, accelerating the disposal of existing risks while strictly controlling the formation of new risks.

cls.cnApr 3 19:11 ET

Insight into the 2024 Banking Earnings Conference | Why has Net income declined for the first time in four years? How will loans to certain risky clients be handled? MINSHENG BANK responded as follows.

①The decline in Net income is mainly due to increased provisions and significant investments in Technology leading to higher depreciation and amortization expenses; ②As of the end of 2024, the loan balances of the Dongfang Group, the Fanhai Group, and the Evergrande Group totaled approximately 35.278 billion yuan, and all have made provisions; ③It is expected that the Industry's interest margin will remain under pressure throughout the year, and efforts will be made to face the challenges to maintain stable revenue.

cls.cnApr 1 10:01 ET

Insight into the 2024 Industry Earnings Conference｜The management of Shanghai Pudong Development Bank stated that it will continue to control the cost of deposit interest payments and establish a blacklist mechanism to resolutely exit some customers.

① Xie Wei pointed out that the overall environment remains very challenging, and the trend of narrowing net interest margins will continue. ② Striving to solidify the Crediting customer base within 3 to 5 years to further improve the quality of Crediting Assets. ③ In 2024, the total disposal of non-performing Assets will reach 108.7 billion yuan, with Cash recovery of non-performing Assets at 37.8 billion yuan, both figures hitting historical highs, leading to provision reversal.

cls.cnMar 31 10:46 ET

Insight into the 2024 Banking Earnings Conference | Executives of China Everbright Bank expect a greater decrease in deposit interest rates this year, maintaining cautiousness regarding pressure on net interest margins.

① Considering that some fixed-term deposits will mature in a concentrated manner this year, it is expected that the decline in deposit interest rates will be even greater this year, reaching more than 25 basis points; ② Regarding the possibility of a reserve requirement ratio cut and interest rate reduction, China Everbright Bank's Vice President Liu Yan stated that only structural price changes are expected in the short term, and an overall interest rate cut may still need to wait for a period of time.

cls.cnMar 31 01:35 ET