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Home > Latest

Lates News

date
22/07/2026
Market news: European Central Bank provides $1.3 billion for USD loan operations.
Latest
2 m ago
In the second quarter, AT&T added 432,000 postpaid wireless subscribers, exceeding the expected 325,600 additions.
2 m ago
Longsoft Technology (688078.SH) released its semi-annual financial results, with a net loss attributable to shareholders of 14.879 million yuan, a turnaround from a profit to a loss compared to the same period last year.
3 m ago
During his research trip to Tibet, Wang Huning emphasized the need to fully implement the party's strategy for governing Tibet in the new era, and strive to promote the modernization of Tibet during the "15th Five-Year Plan" period.
3 m ago
Anzheng Fashion: Shareholder Zheng Xiuping, who holds more than 5% of the shares, pledged 8 million shares.
3 m ago
The strong performance of Wall Street's large banks in the second quarter has boosted market expectations for the upcoming earnings season of European investment banks. JPMorgan Chase stated that trading revenue and investment banking fees in the US banking industry both significantly exceeded market expectations, and management's statements also indicated ample reserves for transaction projects such as mergers and acquisitions and financing, providing continued support for overall business activities. This is significant for European peers as the valuation of European investment banks remains significantly lower. JPMorgan Chase pointed out that the price-to-earnings ratios of Goldman Sachs and Morgan Stanley are around 15 times expected earnings for 2028, while the average price-to-earnings ratio of European investment banks is only around 8.5 times. Kian Abouhossein, Co-Head of Global Banking Research at JPMorgan Chase, said: "There is room for revaluation of European investment banks, and EPS expectations are expected to be revised upwards." Despite expectations of a slowdown in business activities in the second half of the year, he still maintains an optimistic stance on the industry, believing that market uncertainty will continue to support trading revenue and investment banking reserves remain robust.
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