Reported 11 months ago
As of June 22, 2024, Far East Bank (2845) reported a net profit after tax of 2.032 billion yuan in the first five months of this year, an increase of 465 million yuan from the same period last year, a year-on-year growth of 29.67%. The bank plans to continue deepening its transformation by driving across four axes—cross-border, AI digital, brand, and sustainability. It aims to adjust its profit structure to increase interest rate spreads and the proportion of fee income and investment trading profits. In terms of institutional trading last week, foreign investors bought 15,695 shares, fund managers bought 1,391 shares, and proprietary traders bought 420 shares. Far East Bank's technical indicators are currently on the weekly, monthly, and quarterly lines, and with steady profits, it has the potential for further gains. Far East Bank closed at 16.55 yuan on the 21st, increasing by 6.43% for the whole week.
Source: YAHOO