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PSBC's Q1 Profit, Operating Income Slip; Shares Down 4%
UBS Group: Assigns a "Neutral" rating to Postal Savings Bank Of China (01658) with a Target Price of 4.5 HKD.
UBS Group expects that the market's reaction to Postal Savings Bank's first quarter performance will be neutral.
China Mainland Banking stocks are weakening, CM BANK (03968) is down 5.51%, many banks' net profits fell year-on-year in the first quarter.
Jinwu Finance News | China Mainland Banking stocks are weak. As of press time, SHENGJINGBANK (02066) fell by 8.57%, CM BANK (03968) fell by 5.51%, Postal Savings Bank Of China (01658) fell by 5.36%, Industrial And Commercial Bank Of China (01398) fell by 4.74%, China Construction Bank Corporation (00939) fell by 4.23%, and Bank Of Communications (03328) fell by 3.96%. In terms of news, several banks announced their performance for the first quarter of 2025. Among them, China Construction Bank Corporation's net profit in the first quarter decreased by 3.99% year-on-year; Industrial And Commercial Bank Of China's net profit in the first quarter decreased by 3.99% year-on-year; Bank Of China’s net profit in the first quarter year-on-year.
Hong Kong stocks movement | Postal Savings Bank Of China (01658) fell nearly 5% after results as retail loan Assets quality faces temporary pressure, with net profit in the first quarter down 2.62% year-on-year.
Postal Savings Bank Of China (01658) fell nearly 5% after the earnings announcement, as of the time of writing, down 4.95% at 4.61 Hong Kong dollars, with a transaction volume of 76.1353 million Hong Kong dollars.
Postal Savings Bank Of China (601658.SH) announced its first-quarter performance, with a net income of 25.246 billion yuan, a year-on-year decrease of 2.62%.
Postal Savings Bank Of China (601658.SH) released its first-quarter report for 2025, with revenue of 893....
Postbank: China Postal Savings Bank Co., Ltd. Report for the First Quarter of 2025
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Remoortel : check this out mate FAQ:Where Does My Dividend Go?
起 OP Remoortel : Hmmmm but the record date is before the exdate
103705685 : In order to entitled dividends you need to buy before Ex Date.