Lates News

According to a news flash from Every Economic News, Guosen Securities released a research report on August 29, giving neutral rating to Sunong Bank (603323.SH). The reasons for this rating include: 1) Revenue continues to increase positively, with performance growth exceeding 5%; 2) Size continues to expand, with midterm dividends distributed; 3) Net interest margin continues to narrow, with improvements on the liability side; 4) Non-interest net income grows year-on-year, with impressive investment income performance; 5) Asset quality remains robust.