Li Ka-shing's HK $13.3 billion increase in BOC 2.9 billion h

Source: Internet
Author: User
The first batch of state-owned banks officially kicked off the three quarterly, BOC, AgBank Three quarterly results again high, BOC's first three-quarter after-tax profit rose 30%, to 83 billion yuan.  Although Central Huijin did not increase its holdings, Li Ka-shing, Hong Kong's richest man, likashing a hefty 2.917 billion share of BoC's H shares, spending a total of HK $13.301 billion.  In addition, the three quarterly bulletin showed that companies such as Everbright Bank raised capital adequacy ratios by raising funds in a-shares and supplementing core capital through current net profits.  The quarterly report, released last night, showed that the company achieved after-tax profit of 82.96 billion yuan in the first three quarters.  Among the main shareholders of the Bank of China, although central Huijin did not increase its holdings, Li Ka-shing, Hong Kong's richest man, likashing a 2.917 billion share of BoC's H shares, which took up HK $13.301 billion in line with the closing price of BOC's HK $4.56 yesterday.  The third quarterly Bulletin of Agricultural Bank (601288), released on the same day, also showed that the group achieved net profit of 70.1 billion yuan in the first three quarters.  In addition, deep development (00001) in the third quarter of 2010, the bank achieved a net profit of 1.701 billion yuan. Analysis: Last quarter banking performance growth will slow GF Securities analyst Mu Hua told our correspondent, the three quarterly banking sector is basically in line with expectations, the fourth quarter is expected to slow the growth of banking performance. "The central bank and regulatory authorities have issued a clear signal of credit tightening, so it is expected that the banking sector will have a certain impact on the growth of net spreads, the next step needs to focus on monetary policy adjustments and housing and other policy changes."  Mu Hua said. Because the banks with higher risk management level have low bad rate, and the allocation cover is higher, the ratio of dial to loan is still far from the 2.5% index.  Therefore, the industry is concerned that if the next step according to the total amount of loans to adopt a one-size-fits-all approach, it will directly reduce the profitability of the bank.  Other analysts said the growth in the first two quarters had a certain inertia in the three quarter, but the average performance in the four quarter would be relatively flat, so the year-on-year increase in annual results should be lower than the first three quarters of the performance increase.  China Ping An first three-quarter net profit of 13.2 billion yuan per quarter fell 25% Washington, China Ping ' an (601318) last night in the HKEx released three Quarterly bulletin, the quarterly data show that the first three quarters of this year to achieve net profits 13.197 billion yuan, the year-on-year increase of 8.4%, earnings per share 1.71 yuan. Compared to half a year's net profit growth of 27.9% year-on-year performance, Ping An quarterly profit growth rate fell sharply. In this regard, ping An, said that the main interest-related assets total investment income compared with the same period last year, and the insurance Contract reserve measure benchmark yield curve lower lead to the preparation of Kimsunti and other market factors. According to the three quarterly data, Ping An investment income of the first 9 months of this year was 20.217 billion yuan, down 14.6% year-on-year. In addition, the reporter noted that the third quarter of China Ping An quarterly net profit of 3.331 billion yuan, withthan the decline of 25.4%, slightly inferior to previous market expectations. In the first three quarters of this year, the total scale of peace to achieve 128.145 billion yuan, an increase of 22.4%.  Among them, the profitability of the new business of personal life insurance to achieve the scale of 33.989 billion yuan, an increase of 40.7%. In addition, ping-an pointed out that the fourth quarter of China's economy will be in a stable stage of recovery, but the recovery needs to continue to consolidate the four-quarter profit will continue to bring pressure.

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