Lates News

According to a recent AI news bulletin, Donghai Securities released a research report on May 21, giving Postal Savings Bank of China (601658.SH) a rating of "increase holdings". The main reasons for the rating include: 1) strong growth in corporate loans, with a slight slowdown in the growth of financial investments; 2) Q1 interest rate spread was significantly affected by repricing, and Q2 is expected to see a synchronised reduction in deposit and loan interest rates, easing pressure on the interest rate spread; 3) Fee and commission income outperforms peers, investment income performance is impressive; 4) Slight increase in asset quality pressure due to macroeconomic environment. (Daily Economic News)