129771798776499810_56Bank stocks are expensive? Is cheaper?
This problem has plagued a share investor for two years.
If your banks right now, whether it's price/earnings ratio is a book, are all a-share minimum; if you say cheap, but have a lot of money in the near future is crazy to sell. Discount selling Bank shares were big deals on March 19, flowersBank transfers to institutional investors through big deals by the Shanghai Pudong Development Bank (600,000, closed at $ 9.06) 506 million shares. At this point, the Shanghai Pudong Development Bank shares held by Citibank to zero.
According to the current exchange rate, the whole of the transaction revenue: us $ 668 million, Citibank-total after-tax profit of about us $ 349 million. Recommended readsRead investment loss area 10,000 million left bank VIP customers lose how do banks make money by credit card? Banking industry exposes high annual fees four beginning today ABC earned over 300 million Basel III China floor debate on bills print sky-high credit card all amounts of interest be cautious of moving into the Bank "picked up the package gauge", according to theDaily economic news reporter has learned, not including Shanghai Pudong development this week, block trade platform has also appeared on bank stocks figure and sold without exception with a substantial discount. On March 21, China Everbright Bank (601,818, closed at $ 2.93) to $ 2.63 bulk transactions on the trading platform at 6.05 million shares, the day its minimum price is $ 2.91, discount rate close to 10%。 The same day, the Bank of Beijing (601,169, closed at $ 10) has also two big trades, contract 837,000 shares
tera power leveling, another 767,000 shares sold for $ 9.11, discount 9.26% day lowest price $ 10.04. China Construction Bank on the day (601,939
tera gold, closing $ 4.7) 4.28Commodities trading platform is sold 1.498 million shares, compared with 9.51% lowest price discount rate. While selling have to buy to close, but suffered a discount "sale" of banks makes the market into confusion. Shanghai Pudong Development Bank, China Everbright Bank, Bank of Beijing has been in a decline in nearly three weeks, k-line had closed out the week of triple negative. As can be seen,Until now, the advantages of banking transactions remain in the buyer.
Citi to sell Shanghai Pudong Development Bank, has its own capital pressure considered; but other commodities trading platforms sold bank stocks were also big discount sale, what reason? Performance slowdown in growth is worth mentioning, as the weather warmed, Bank annual report released gradually into the highThe tide. Apart from liquor, Bank a-shares are the most profitable and solid growth performance remains one of the few industries. Large ABC (601,288, closed at $ 2.64) 2011 net profit of 121.927 billion yuan, an increase of 28.51%, on average earn $ 300 million a day. Industrial Bank (601,166, closing price 13.59 dollars), Bank (600,016, closed at $ 6.3) net profit last year to $ 25.505 billion and $ respectively, up and 37.7%. One researcher noted that the banking sector: "high performance growth could not save the banks, most fundamental reason is that markets are always suspect, this credit pushDynamic performance of high growth can be sustained for long. If monetary policies cannot really turn loose, then the performance slow down when approaching.
"According to the Central Bank released data, in January-February this year, new lending as a whole in increments of $ 1.4488 trillion, lower than in the same period in 2011 to increase to $ 126.8 billion. These researchers point out that, although from a published listing of Bank annual reportView, the banking business has grown rapidly in the middle of last year, but interest income remains the main source of performance in the banking sector. "Judging from the current situation, and stable spreads up the banking sector performance in the first two months of this year, but if the decline in credit, will bring uncertainties to Bank a profit of the most reliable sources. "Everbright securities said after the Citi Holdings pufa, 2012Smooth year banking fundamentals
tera power leveling, but link is likely to peak in the first quarter of spreads; intermediate business in high-growth is likely to slow under the base and regulatory restrictions. "Banking slowdown in profit growth in 2012 is expected to 19%, small and medium-sized banks ' earnings growth above 20%. ”
Others:
