27 stories mentioning SHA:601998Updated 12d ago
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Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of a 40 million yuan structured deposit with China CITIC Bank (SHA:601998).The disposal generated a profit of NT$543,000, according to a Tuesday filing to the Taiwan stock exchange.The structured deposit was held as a short-term investment and was funded with equity funds.
China CITIC Bank (HKG: 0998, SHA: 601998) posted low-single-digit earnings growth for the first half of the year as its asset quality remained stable and its business continued to expand.Net profit attributable to shareholders rose 3.1% to 37.6 billion yuan from 36.5 billion yuan a year earlier, with diluted earnings per share increasing 3.3% year on year to 0.63 yuan from 0.61 yuan.Operating income climbed 4.3% to 110.4 billion yuan from 105.8 billion yuan the previous year, according to a Wednesday filing with the Hong Kong bourse.CITIC said it maintains sufficient risk absorption capacity while its asset quality remained stable. Its non-performing loan (NPL) ratio remained flat year on year at 1.15%, while its allowance coverage ratio slipped 0.49 percentage points from a year earlier to 203.12%. The NPL balance at the end of the reporting period grew 2.57% to 68.9 billion yuan.The lender's business scale maintained steady growth, with total loans and advances rising 2.50% to 6.01 trillion yuan. Net loans and advances to customers as a share of total assets held steady at 56.7%.Meanwhile, bond investments grew 1.82% to 2.278 trillion yuan, driven by increases in holdings of both government and corporate debt securities.The lender proposed an interim cash dividend of 2.03 yuan per 10 shares.
China CITIC Bank (SHA:601998) proposed related-party deal caps with CITIC Group and its affiliates, Quzhou Development, and Bank of China (HKG:1658, SHA:601988) for 2027 to 2029.The caps cover credit business, asset transfers, custody services, financial advisory, investment, financial market operations, deposits and other services, according to a Wednesday aftermarket filing with the Shanghai bourse.The proposal requires shareholder approval.
China CITIC Bank (HKG:0998, SHA:601998) reported 37.6 billion yuan in profit attributable to equity holders for the first half, compared with 36.5 billion yuan a year ago, a Wednesday bourse filing showed.EPS moved to 0.63 yuan from 0.61 yuan year over year.For the six months ended June 30, net interest income was 73.1 billion yuan, versus 71.2 billion yuan previously, the lender said.The company proposed a dividend of 2.03 yuan per 10 shares for the period.
Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of a structured deposit worth 40 million yuan to China CITIC Bank (SHA:601998).The short-term investment generated a profit of NT$467,000, according to a Friday filing with the Taiwan Exchange.
Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of a structured deposit worth 30 million yuan with China CITIC Bank (SHA:601998).The short-term investment generated a profit of NT$212,000, according to a Monday Taiwan Exchange filing.
CITIC Bank (SHA:601998, HKG:0998) issued green bonds worth 20 billion yuan, according to a Shanghai bourse filing on Tuesday.The fixed-rate bonds have a coupon rate of 1.53% and a term of three years.Proceeds from the issuance will be used for green industry projects.
CITIC Securities' (SHA:600030, HKG:6030) indirect subsidiary CITIC CCFC Capital Management has secured a 100-million-yuan credit facility from CITIC Bank (SHA:601998, HKG:0998) for over-the-counter derivatives trading.Another indirect subsidiary, CCFC Global Financing Leasing, will provide the guarantee for a three-year term with no counter-guarantee, according to a Thursday aftermarket filing with the Shanghai bourse.
Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of two financial products issued by China CITIC Bank (SHA:601998) for 30 million yuan.The transactions were part of the company's short-term investment activities, according to a Thursday Taiwan Exchange filing.Following the disposal, the unit's accumulated holdings in financial products amount to 30 million yuan.
Tianjin Printronics Circuit (SHE:002134) will apply for credit lines from two different banks, according to a Tuesday disclosure to the Shenzhen bourse.The circuit board manufacturer will apply for a 60 million-yuan credit line from China Everbright Bank's (HKG:6818, SHA:601818) Tianjin branch, valid for up to 24 months, as well as for a credit line of up to 200 million yuan from China CITIC Bank (HKG:0998, SHA:601998) Tianjin branch.
Top Bright Holding (TPE:8499) subsidiary Long Young Electronic (Kunshan) disposed of 30 million yuan in structured deposits with China CITIC Bank (HKG:0998, SHA:601998), according to a Friday Taiwan Exchange filing.The transaction generated a profit of NT$117,000, which was received in a one-time payment.Shares of the electronics manufacturer were down over 2% in recent trade
China Citic Bank International (HKG:0998, SHA:601998) filed for the listing of 1.33 billion yuan worth of undated non-cumulative subordinated add Tier 1 capital bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The bonds fall under the bank's $3 billion medium-term bonds program.The bonds will be listed and quoted on the Bonds Market on or about July 23, the bank said.
China Citic Bank International (HKG:0998, SHA:601998) filed for the listing of $400 million worth of undated Tier 1 capital bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The bonds will be listed and quoted on the Bonds Market on or about July 23, the bank said.
YTO Express (SHA:600233) issued 500 million yuan of 266-day debts, according to a Saturday filing with the Shanghai bourse.The logistics company's debts have a coupon of 1.51% and are set to mature April 9, 2027.China CITIC Bank (HKG:0998, SHA:601998) is the bookkeeping manager and lead underwriter of the issuance.
GEM (SHE:002340) issued 500 million yuan of three-year technology innovation bonds, according to a Friday filing with the Shenzhen Stock Exchange.The bonds hold a coupon rate of 2.54% and will mature on July 16, 2029. They form part of a 1.50-billion-yuan issuance.Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter.Guangdong China Resources Bank, CITIC Bank (HKG:0998, SHA:601998), Guangfa Bank, Bank of Shanghai (SHA:601229), and Shanghai Pudong Development Bank (SHA:600000) are the joint lead underwriters.
Top Bright (TPE:8499) unit Long Young Electronic (Kunshan) disposed of 50 million yuan in structured deposits with China CITIC Bank (SHA:601998), according to a Friday Taiwan Exchange filing.The transaction comprised the disposal of 30 million yuan and 20 million yuan in structured deposits and generated a profit of approximately NT$765,000.Top Bright said the transaction was conducted as part of the unit's short-term investment activities.Shares of the electronics manufacturer were down nearly 5% in recent trade.
China CITIC Bank (HKG:0998, SHA:601998) has completed the sale of $400 million in U.S. dollar-denominated perpetual bonds and 1.33 billion yuan in offshore yuan perpetual notes, Reuters reported on Wednesday, citing term sheets it reviewed.The Hong Kong-based lender reportedly priced the U.S. dollar notes to yield 5.00% and the offshore yuan notes at 2.30%, tightening from initial guidance of about 5.45% and 2.90%, respectively.The perpetual bonds are callable on July 22, 2031, after five years, with proceeds earmarked for funding needs and general corporate purposes, according to the report.China CITIC Bank did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
China CITIC Bank (HKG:0998, SHA:601998) completed the acquisition of a 14.52% stake in Yunnan Hongta Bank after receiving regulatory approval, according to a Friday Hong Kong bourse filing.The bank acquired 914.6 million shares from Kunming Industrial Development and Investment, formally becoming a shareholder of Yunnan Hongta Bank.
Lepu Medical Technology (SHE:300003) issued 500 million yuan in three-year bonds, according to a Tuesday after-market filing with the Shenzhen bourse.The bonds have a 2.2% rate.China Merchants Bank (HKG:3968, SHA:600036) is the bookeeping manager and lead underwriter, while China CITIC Bank (HKG:0998, SHA:601998), Export-Import Bank of China, and Bank of China (HKG:3988, SHA:601988) are the joint lead underwriters.
Softcare (HKG:2698) unit Sunmart Trading FZCO entered into an FX forward contracts with China CITIC Bank Corporation Limited Guangzhou Branch on Monday, according to a Wednesday Hong Kong bourse filing.Under the contract, Sunmart Trading agreed to sell 29.9 million euros and buy $34.7 million for hedging against its exposure to exchange rate movements on its foreign currency assets.Hygiene product maker Sunmart Trading is required to place deposits of 14.1 million yuan with the bank to secure its obligations under the contract.The bank is a unit of China CITIC Bank (HKG:0998, SHA:601998).
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