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China's Ministry of Public Security, paired with multiple government departments, announced the “Joint Punishment Measures for Telecom Network Fraud and Related Illegal Crimes”. In response to financial penalties, a relevant person from the People's Bank of China (PBOC) stated that, in the process of governan...
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JPMorgan released a report indicating that the risk-reward for Chinese SOE banks' H-shares is becoming more unfavorable. As US-China trade tensions escalate, the macro environment is getting more challenging. If China's policy response exceeds expectations, A/H SOE banks may underperform growth companies. However, if the...
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The People's Bank of China (PBOC) added a new column to its official website, "Weighted Average Interest Rate for Commercial Personal Housing Loans". On October 31, it announced that the weighted average interest rate for new commercial personal housing loans nationwide in 3Q24 was 3.33%.At the end of January, Apri...
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SUNAC (01918.HK) delivered about 58,000 units in 1H24, with a total delivery area of about 8.49 million square meters, according to SUNAC's announcement on its official Weibo account.Among the first batch of "whitelist" projects in Chongqing, Tao Li Xu received financing support from BCQ (01963.HK), and the first i...
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Morgan Stanley commented in a report that while investors remain divided, there are now more signs that the shift in policy focus by the mainland authorities is bearing fruit sooner than expected. These include the easing of risks in the financial system and healthy export growth despite unfavourable factors, which are expected ...
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