Entering the second week of September, there are currently 7 large and small Hong Kong banks plus Hong Kong dollar time deposit interest rates, including the increase in short- and medium-term deposit interest rates on September 9 (Friday).Recently, HSBC and Fubon raised short-term, medium-term and long-term interest rates in an all-round way. （02356）
Two consecutive additions a week, Tencent （00700）
and HKEx （00388）
Fusion Bank, a virtual bank with a stake, buried its hands on long-term interest rates, while CNCBI and Public Bank raised medium- and long-term interest rates.
Experts believe that after the announcement of the distribution results of the bank bonds, the official distribution and refund will be made on September 14 (Wednesday).
The high-interest rate list for the whole week has another big position. Let’s start with the 3-month period. On September 6 (Tuesday), Fubon raised it by 0.2% to 2.8%, narrowly beating Citi’s 2.78% and taking the top spot. In addition, Bank of Communications Hong Kong, which has added twice a week, has increased the deposit period by 0.58%, catching up with the big US-funded banks, and both ranked runner-up. Dah Sing held the third place with 2.7%.
In the same half-year period, Fubon also increased by 0.2%, and the new report was 3.2% and became the champion. Daxin also accumulated this deposit period by 0.2%, and the two banks were promoted to the top. CNCBI raised it by 0.2% to 2.9% on September 8 (Thursday), returning to the runner-up, while ICBC Asia maintained 2.85% and slipped one level to the third place. Citigroup raised the deposit period by 0.07% on September 5 (Monday), bringing the new interest rate to 2.81%, but it was reduced to 2.8% the next day, thus losing the top three.
In terms of the 1-year period, Fubon added 0.3% and followed the 3.3% of Volkswagen Finance, showing a double crown. It was followed by Overseas Chinese Wing Hang with 3.18%, and ICBC Asia ranked third with 3.05%.While Furong Jin increased by 0.3% to a new level of 3%, CNCBI also increased by 0.15%, and Standard Chartered Hong Kong （02888）
3% of the same, 3 ranks among the runner-up. Citigroup edged up the long-term interest rate by 0.06%, and reported a new report of 2.99%, also ranking among the top 5.
CNCB Bond Refund Offer 6-month HKD Time Deposit to enjoy 3.2% annual interest【Next page】
There are 3 major focuses of the market conditions throughout the week, namely:
(1) Banknote-issuing banks frequently attack:HSBC took action on September 7 (Wednesday) and raised short, medium and long interest rates.Competing with the big banks, the 3-month period is now with BOCHK （02388）
1.7% is the highest, HSBC adds 0.3% to 1.5%, and Standard Chartered is 0.9%. In the half-year period, Standard Chartered’s 2.4% outperformed BOC’s 2.3%, and HSBC increased by 0.2% to 1.9%, which seems to be behind. In the one-year period, Standard Chartered’s 3% dropped from BOC’s 2.4%, and HSBC increased by 0.1% to 2.2%, which also narrowed the distance between peers.
It is worth mentioning that this is a short period of more than 3 months since the leading banknote bank started on May 24, June 2 and 20, July 4, August 4 and 22, and September 7. 7th degree hike.
(2) Void silver bravely advance:Furong, which has raised interest rates for two consecutive weeks, has also made a combination of moves, not only increasing the 1-year fixed deposit to 3%, the first long-term interest rate of virtual silver to break through this new level, and the threshold has dropped sharply from 500,000 yuan to only 1%. Yuan.
(3) Reappearance of breaking the ceiling:Fubon once again repeated the crazy “money grabbing” style in the second quarter. After a substantial interest rate hike, in addition to setting the 3-month and half-year deposit interest rates to new highs, its 9-month deposit rate also increased by 0.3% to 3.2%. %, and also won the highest interest rate in the city during the same deposit period.
Over there, the industry has turned to Dougu Current Information, for example, the information-seekers are doing business in CNCBI.“Monopoly Deposit”, you can enjoy additional annual interest rate up to 6.38%。（Program Details）
In addition, Mox Bank, a virtual bank, launched a number of “2 Unexpected” rewards to celebrate its second anniversary. From now to September 30, new customers who successfully open a Mox account with the “MOXVIBES” invitation code can earn 600 yuan, and can enjoy a deposit of 500,000 yuan, and automatically enjoy an extra 2.7% within 60 days after opening the account (total 3 % deposit interest rate per annum); two promotional offers allow new customers to earn up to $3,065.
Barbaros Uygun, CEO of Mox, said that since the official opening of Mox two years ago, the goal of reshaping banking services to achieve unlimited possibilities, the new rewards are introduced to celebrate the second anniversary with all customers. And the low-key Ant Bank (ANT Bank) also promotes new customers with strong interest rate rewards, and the interest rate is as high as 8.88%.
Looking ahead, major banks such as Citi, Goldman Sachs and Bank of America all expect the Federal Reserve to raise interest rates by 0.75% on September 22, and the market expects that the Bank of Hong Kong will increase the prime interest rate (P rate) at that time. The 1-month interest rate has exceeded the 2% mark on Friday, while the US dollar is around 109.
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Special correspondent: Zeng Guifen
Responsible editor: Chen Chuyuan