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大新银行集团(02356) - 董事委员会会议日期
2025-08-06 09:37
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性 或完整性亦不發表任何聲明,並明確表示概不對因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 香港,2025 年 8 月 6 日 於本公告日期,本公司董事會成員包括執行董事王守業先生(主席)、黃漢興先生(副主席、董事 總經理兼行政總裁)、王伯凌先生及麥曉德先生(副行政總裁);獨立非執行董事蘇澤光先生、史 習陶先生、裴布雷先生、衛皓民先生、陳霞芳女士及張建生先生。 董事委員會會議日期 大新銀行集團有限公司(「本公司」)宣布,本公司將於 2025 年 8 月 20 日(星期三)舉 行董事委員會會議,處理(其中包括)批准刊發本公司截至 2025 年 6 月 30 日止 6 個月 之綜合業績公告,以及審議派發中期股息。 承董事會命 大新銀行集團有限公司 李宗榮 公司秘書 (根據公司條例於香港註冊成立之有限公司) 大新銀行有限公司之控股公司 (股份代號:2356) ...
广东建科:网上发行中签率为0.0235656875%
Mei Ri Jing Ji Xin Wen· 2025-08-04 06:40
广东建科8月3日晚间披露中签率公告:本次发行股份数量约为1.05亿股。回拨后,网下最终发行数量约 为4396万股,占扣除最终战略配售数量后本次发行总量的60%;网上最终发行数量约为2930万股,占扣 除最终战略配售数量后本次发行总量的40%。回拨后本次网上定价发行的最终中签率为 0.0235656875%,有效申购倍数为约4243.46倍。 (文章来源:每日经济新闻) ...
大新银行集团(02356) - 截至2025年7月31日止月份股份发行人的证券变动月报表
2025-08-01 08:58
第 1 頁 共 10 頁 v 1.1.1 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年7月31日 | 狀態: 新提交 | | --- | --- | --- | | 致:香港交易及結算所有限公司 | | | | 公司名稱: | 大新銀行集團有限公司 | | | 呈交日期: | 2025年8月1日 | | | I. 法定/註冊股本變動 不適用 | | | FF301 III.已發行股份及/或庫存股份變動詳情 (A). 股份期權(根據發行人的股份期權計劃) 不適用 第 3 頁 共 10 頁 v 1.1.1 FF301 | 1. 股份分類 | 普通股 | | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02356 | 說明 | | | | | | | | | | 已發行股份(不包括庫存股份)數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | ...
大新银行:维持美股中性观点 料美国年底前或仅减息一次
Zhi Tong Cai Jing· 2025-07-31 13:01
大新银行认为,贸易战对美国通胀及整体经济活动的影响尚未明朗,加上就业市场仍大致平稳,认为9 月议息会议减息的机会不大,而第四季可能仅减息一次,最终减息步伐仍取决于未来几个月的数据会否 加快转弱,及关税如何影响物价走势。美国陆续与主要经济体达成贸易协议,加上龙头科技股业绩仍然 稳健,支持近期美股平稳上升及屡创新高,但美股估值显著偏高,加上减息预期降温,美股中短线大幅 跑赢其他市场的机会有限,维持美股的中性观点。 债市方面,主要央行减息步伐料放缓,而且财政前景日益引起关注,下调主权及投资级别企业债券观点 至中性,较长期债券或跑输中短期债券。 委员亦重申美国劳工市场依然稳健,通胀仍然略高鲍威尔淡化9月减息的预期——美联储主席鲍威尔表 示,目前仍有很多不确定性尚待解决,认为当前的利率水平能够应对围绕关税和通胀的持续不确定性。 他表示,下一步采取的措施可能更接近中性,但难以说明下次会议前数据是否更趋明朗。议息结果公布 后,利率期货显示市场对美联储9月减息的预期由逾六成降至逾四成。 大新银行维持美股中性观点,料美国年底前或仅减息一次,下调主权及投资级别企业债券至"中性"。大 新银行表示,美联储一如预期维持利率不变——美联 ...
跨境支付通香港收款行扩容至17家,首次纳入数字银行
2 1 Shi Ji Jing Ji Bao Dao· 2025-07-16 04:34
Core Insights - The Cross-Border Payment System has expanded to 17 banks in Hong Kong within a month of its launch, enhancing connectivity between mainland China's online payment system and Hong Kong's Fast Payment System [1][2] - The system offers advantages over traditional cross-border remittances, including instant transfers, simplified documentation, lower costs, and ease of use [1] - The initial participating banks include six from mainland China and six from Hong Kong, with an additional eleven Hong Kong banks recently added to the system [1][3] Summary by Category Participating Institutions - The first batch of participating mainland banks includes: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, and China Merchants Bank [1][3] - The first batch of participating Hong Kong banks includes: Bank of China (Hong Kong), Bank of East Asia, China Construction Bank (Asia), Hang Seng Bank, HSBC, and ICBC (Asia) [1][3] - The second batch of newly added Hong Kong banks includes: CMB Wing Lung Bank, Shanghai Commercial Bank, CITIC Bank International, Chuangxin Bank, Dah Sing Bank, Guangfa Bank, China Everbright Bank, Nanyang Commercial Bank, ZA Bank, Airstar Bank, and MOX Bank [1][3] Digital Banking Inclusion - This expansion marks the first inclusion of digital banks in the Cross-Border Payment System, with MOX Bank, ZA Bank, and Airstar Bank being notable participants [2][3] User Experience and Limitations - Some newly added banks have not yet officially opened cross-border payment services to customers, leading to mixed experiences among users [4] - The system supports bilateral currency and RMB cross-border remittance between mainland China and Hong Kong, with specific limits on transaction amounts [4][5] Transaction Limits - For northbound transactions, the limit is set at HKD 10,000 per person per day and HKD 200,000 per year, while southbound transactions are subject to an annual foreign exchange limit of USD 50,000 [4][5]
大新银行集团(02356) - 2024 - 年度财报
2025-04-28 09:47
Financial Performance - Shareholders' funds increased from HK$ 32,578 million in 2023 to HK$ 33,512 million in 2024, representing a growth of 2.86%[7] - Profit attributable to shareholders rose from HK$ 1,860 million in 2023 to HK$ 2,060 million in 2024, marking an increase of 10.75%[7] - Basic earnings per share improved from HK$ 1.32 in 2023 to HK$ 1.47 in 2024, reflecting a growth of 11.36%[7] - Total dividend distribution increased from HK$ 843 million in 2023 to HK$ 928 million in 2024, an increase of 10.06%[7] - The group's profit attributable to shareholders in 2024 increased by 11% to HK$2,060 million, driven by higher net interest and non-interest income[72] - Profit for the year increased by 10.8% to HK$2,060.3 million in 2024, up from HK$1,860.3 million in 2023[89] Asset and Liability Management - Total deposits decreased from HK$ 209,662 million in 2023 to HK$ 205,863 million in 2024, a decline of 1.43%[7] - Total assets decreased from HK$ 260,744 million in 2023 to HK$ 256,339 million in 2024, a decline of 1.54%[7] - The total liabilities, including subordinated notes, decreased from HK$ 227,855 million in 2023 to HK$ 222,516 million in 2024, a decline of 2.00%[7] - The loan to deposit ratio for 2024 is 67.2%, slightly down from 68.2% in 2023[7][8] - Advances to customers (excluding trade bills) decreased from HK$ 143,049 million in 2023 to HK$ 138,374 million in 2024, a decrease of 3.68%[7] Income and Revenue Growth - Operating income rose by 17.2% to HK$6,934.9 million in 2024, compared to HK$5,916.1 million in 2023[89] - Operating profit before credit impairment losses grew by 30.9% to HK$3,594.9 million in 2024[89] - Net interest income rose by 10%, reflecting the impact of elevated interest rates and effective funding cost management[73] - The net interest margin increased to 2.17% in 2024 from 2.01% in 2023[85] - The bancassurance business achieved robust growth, with fee and net commission income increasing by 53%[74] Credit and Impairment Management - Credit impairment provisions were increased against Mainland China property developers and the Hong Kong Commercial Real Estate sector[70] - Credit impairment charges surged by 145.0% year-on-year, attributed to higher provisions for credit losses related to exposures in the Mainland China property developer sector and Hong Kong commercial real estate sector[99] - The share of net profit from the Bank of Chongqing was HK$677 million for 2024, with an impairment loss of HK$16 million, a decrease of 97% from 2023[75] Governance and Leadership - The company has a strong board with members having extensive experience in banking, finance, and corporate governance[26][27][28][30] - The leadership team has a diverse background, contributing to the company's adaptability in the financial sector[30] - The company is committed to leveraging its board's expertise to navigate market challenges and opportunities[30] - The company continues to strengthen its governance with the appointment of experienced independent directors[39] Digital Transformation and Customer Experience - Digital transactions surged by 42% year-on-year in 2024 due to enhancements in the "Next Best Action" AI solution and the launch of a streamlined identity verification service for SMEs[122] - The bank's Private Banking business recorded strong year-on-year growth through improved personalized service models and cross-selling initiatives[121] - The bank's strategy includes gradually renovating and relocating branches to enhance customer service and digital experience, while transitioning to paperless operations[123] Market and Economic Conditions - Domestic consumption expenditure fell by 0.6% in 2024 despite a 30% rise in inbound visitors[91] - The total export of goods increased by 8.7% in 2024, recovering from a 7.8% drop in 2023[90] - The Corporate Banking business reported negative loan growth in 2024, primarily due to a decline in trade finance[133] Employee Development and Corporate Culture - The average training hours per employee increased in 2024 compared to 2023, reflecting the Group's commitment to employee development[193] - Four themed weeks focusing on staff wellness, Culture and Values, Employee Value Proposition (EVP), and customer experience were organized to enhance staff awareness[194] - The Group's employee turnover rate improved significantly in 2024 compared to 2023, indicating effective talent management strategies[197] Capital Adequacy and Liquidity - The consolidated Common Equity Tier 1 ratio of Dah Sing Bank increased to 16.9% as of December 31, 2024, up from 16.2% at the end of 2023[106] - The liquidity maintenance ratio averaged 64.2% for the year 2024, showing a marginal increase from 64.0% in 2023[186] - Stress testing on capital and liquidity positions is regularly conducted, with results reviewed periodically by management and reported to the Board-level Risk Management and Compliance Committee[189]
大新银行集团股价单日重挫12% 信贷减值亏损增至17.91亿港元
Mei Ri Jing Ji Xin Wen· 2025-03-31 14:41
3月31日中午12时,港股上市的大新银行集团(02356.HK)公布了其2024年度经营情况。业绩报告显示, 公司归母净利润为20.6亿港元,同比增长10.8%;但其信贷减值亏损却激增145%,达17.91亿港元。 下午1时开盘后,大新银行股价一度下跌16%,最低至8.17港元,收市时仍跌12.2%。信贷减值亏损激增 145% 信贷减值损失是银行根据会计准则对贷款、债券等金融资产可能发生的违约,或价值下降所做出的预期 信用损失计提,其核心目的是提前反映资产质量恶化,对银行财务的影响。 记者注意到,此次大新银行集团计提17.91亿港元的信贷减值亏损,主要分配于客户贷款及垫款。其在 年报中表示,中国香港及内地的物业相关贷款市场于年内持续面临挑战。此外,大新银行集团提到,市 场贷款需求停滞,导致贷款增长疲弱。 大新金融集团执行董事兼大新银行副主席、董事总经理兼行政总裁王祖兴表示,截至去年12月底,大新 银行的物业投资贷款约为230亿港元,按年跌3%;物业发展贷款按年跌7%至约64亿港元,私人住宅及 公营房屋按揭贷款约为340亿港元。他表示,本地商业房地产的不良贷款率维持在可控水平,由于商业 地产市场发展缓慢,预计今 ...
大新银行集团(02356) - 2024 - 年度业绩
2025-03-31 04:04
Financial Performance - Net interest income for the year ended December 31, 2024, increased by 9.8% to HK$5,288,117,000 compared to HK$4,815,435,000 in 2023[4] - Service fee and commission income rose by 53.3% to HK$1,328,609,000 from HK$866,802,000 year-on-year[4] - Total operating income grew by 17.2% to HK$6,934,923,000, up from HK$5,916,084,000 in the previous year[4] - Profit attributable to shareholders for the year was HK$2,060,347,000, reflecting a 10.8% increase from HK$1,860,306,000 in 2023[4] - Basic earnings per share increased to HK$1.47 from HK$1.32, while diluted earnings per share rose to HK$1.37 from HK$1.23[4] - The operating profit before credit impairment losses for 2024 was HKD 3,594,873 thousand, up from HKD 2,747,187 thousand in 2023, reflecting a growth of approximately 30.9%[19] - The annual profit for the year ended December 31, 2024, was HKD 2,060,347 thousand, an increase from HKD 1,860,306 thousand in 2023, representing a growth of about 10.7%[19] - The company reported a pre-tax profit of HKD 2,395,369 thousand for 2024, up from HKD 2,141,578 thousand in 2023, reflecting an increase of about 11.9%[22] - Non-interest income for 2024 was HKD 1,646,806 thousand, compared to HKD 1,100,649 thousand in 2023, marking a substantial increase of approximately 49.8%[19] Credit and Impairment - The company reported a credit impairment loss of HK$1,791,361,000, a significant increase of 145.0% compared to HK$731,311,000 in 2023[4] - Credit impairment losses for 2024 totaled HKD 1,791,361 thousand, compared to HKD 731,311 thousand in 2023, indicating a significant increase of approximately 144.5%[19] - The total impairment provisions for loans and advances increased to HKD 1,532,345 thousand in 2024 from HKD 1,113,256 thousand in 2023, indicating a rise of approximately 37.7%[41] - The stage 3 impairment provision increased to HKD 694,499,000 in 2024 from HKD 228,158,000 in 2023, reflecting a significant rise in credit risk[42] - Total overdue loans as of December 31, 2024, amounted to HKD 3,809,230,000, representing 2.75% of total loans, compared to HKD 2,167,589,000 or 1.51% in 2023[42] Assets and Liabilities - Total assets as of December 31, 2024, amounted to HK$256,339,081,000, a decrease from HK$260,744,094,000 in 2023[6] - The total liabilities as of December 31, 2024, were HKD 222,515,709 thousand, compared to HKD 227,854,651 thousand in 2023, showing a decrease of approximately 2.4%[22] - The total amount of other assets decreased to HKD 4,752,501 thousand in 2024 from HKD 5,141,313 thousand in 2023, a decline of about 7.5%[38] - The total financial assets measured at fair value increased to HKD 44,808,705,000 in 2024, up from HKD 40,525,842,000 in 2023, reflecting a growth of approximately 8.1%[46] - The total debt securities measured at amortized cost decreased to HKD 35,554,370,000 in 2024 from HKD 39,413,306,000 in 2023, a decline of about 9.8%[47] Customer Deposits and Loans - Customer deposits decreased to HK$201,568,051,000 from HK$207,233,698,000 year-on-year[6] - Total customer loans and advances decreased to HKD 138,374,285 thousand in 2024 from HKD 143,049,476 thousand in 2023, representing a decline of approximately 3.7%[38] - The net amount of loans and advances after impairment provisions was HKD 136,841,940 thousand in 2024, down from HKD 141,936,220 thousand in 2023, a decrease of about 3.7%[41] - The total outstanding loans in Hong Kong decreased from HKD 103,611,210,000 in 2023 to HKD 102,052,384,000 in 2024, a decline of approximately 1.5%[52] - The total amount of trade finance loans decreased from HKD 5,624,799,000 in 2023 to HKD 4,902,455,000 in 2024, a decrease of about 12.8%[52] Dividends and Shareholder Returns - The company declared an interim dividend of HK$379,553,000, compared to HK$154,633,000 in the previous year[4] - The final dividend proposed is HKD 0.39 per share, totaling HKD 927.8 million for the year, a 10% increase from HKD 0.60 in 2023[72] Governance and Compliance - The company has adhered to the Corporate Governance Code, except for the provision F.2.2 regarding the attendance of the chairman at the annual general meeting[78] - The company has established a Securities Trading Code for directors, confirming compliance with the Standard Code throughout the fiscal year ending December 31, 2024[79] - The Audit Committee has reviewed the accounting standards and practices, including the consolidated financial statements for the year ending December 31, 2024[80] Future Outlook - The group anticipates continued challenges in the banking sector, particularly regarding credit risk and weak loan growth[77]
大新银行集团(02356) - 2024 - 中期财报
2024-09-23 09:03
Financial Performance - Interest income for the six months ended June 30, 2024, was HK$6,205,704, an increase from HK$5,287,210 in 2023, reflecting a growth of 17.3%[6] - Net interest income rose to HK$2,538,695, up 11.9% from HK$2,269,045 in the previous year[6] - Operating income increased by 22.1% to HK$3,286,757 compared to HK$2,691,406 in 2023[6] - Profit for the period attributable to shareholders was HK$1,396,074, representing a 25.6% increase from HK$1,111,923 in 2023[9] - Basic earnings per share improved to HK$0.99, up from HK$0.79, marking a growth of 25.3%[6] - Total comprehensive income for the period, net of tax, was HK$1,450,192, compared to HK$1,076,603 in 2023, indicating a growth of 34.7%[9] - The net fee and commission income increased significantly by 59.8% to HK$603,386, compared to the previous year[6] - Operating profit before impairment losses rose by 46.1% to HK$1,691,892 from HK$1,158,085 in 2023[6] - The total operating income was HK$3,286,757,000, with operating expenses of HK$1,594,865,000, resulting in an operating profit of HK$1,691,892,000[121] - Profit before taxation for the six months ended June 30, 2024, reached HK$1,579,921, up from HK$1,211,901 in 2023, indicating an increase of about 30%[126] Asset and Liability Management - Total assets as of June 30, 2024, increased to HK$262,372,675, up from HK$260,744,094 as of December 31, 2023, representing a growth of approximately 0.63%[11] - Total liabilities increased slightly to HK$228,739,842 from HK$227,854,651, reflecting a growth of approximately 0.39%[11] - Customer deposits rose to HK$208,143,537, an increase from HK$207,233,698, reflecting a growth of about 0.44%[11] - The balance of cash and balances with banks decreased to HK$13,054,178 from HK$16,395,770, a decline of about 20.5%[11] - Total equity as of June 30, 2024, reached HK$33,632,833, up from HK$32,889,443, marking an increase of approximately 2.25%[11] - The total amount of subordinated notes as of June 30, 2024, was HK$4,109,232, down from HK$5,916,645 as of December 31, 2023, indicating a decrease of 30.5%[83] - The total liabilities stood at HK$228,739,842, with customer deposits being the largest component[104] Credit and Impairment - Credit impairment losses surged by 246.7% to HK$544,007 from HK$156,893 in the previous year[6] - New credit impairment losses for the six months ended June 30, 2024, were HK$544,007, compared to HK$156,893 in 2023, indicating a significant rise in provisions[34] - The total impairment allowances for loans and advances amounted to HK$1,180,190 as of June 30, 2024, compared to HK$1,113,256 as of December 31, 2023, indicating an increase of about 6%[56] - The total expected credit loss (ECL) allowance is HK$1,243,475,000, an increase from HK$1,181,574,000 as of December 31, 2023[69] - The ECL allowance for Stage 1 is HK$404,463,000, for Stage 2 is HK$307,994,000, and for Stage 3 is HK$531,018,000 as of June 30, 2024[69] Cash Flow and Investments - Net cash used in operating activities was HK$ (1,958,962) thousand, compared to HK$ 965,062 thousand in the previous year, indicating a significant decrease[19] - Net cash used in investing activities was HK$ (140,599) thousand, up from HK$ (40,075) thousand in the previous year, reflecting increased investment outflows[19] - Net cash used in financing activities rose sharply to HK$ (2,758,979) thousand from HK$ (645,339) thousand, primarily due to repayment of subordinated notes[19] - Cash and cash equivalents at the end of the period decreased to HK$ 14,017,431 thousand from HK$ 19,425,731 thousand, showing a decline of approximately 28%[19] Segment Performance - Net interest income for the Personal Banking segment was HK$1,094,468, while non-interest income was HK$531,816, contributing to a total operating income of HK$1,626,284,000[121] - The Corporate Banking segment reported net interest income of HK$582,205,000 and non-interest income of HK$103,928,000, leading to total operating income of HK$686,133,000[121] - The Treasury and Global Markets segment achieved net interest income of HK$650,687,000 and non-interest income of HK$21,032,000, totaling HK$671,719,000 in operating income[121] - The Mainland China and Macau Banking segment generated net interest income of HK$230,318,000 and non-interest income of HK$83,682,000, resulting in total operating income of HK$314,000,000[121] Risk Management - The Group's liquidity risk management ensures the ability to meet financial obligations without incurring unacceptable losses[155] - The Group's operational risk is associated with inadequate internal processes and external events, which could lead to direct or indirect losses[155] - The Group's risk management expertise has improved the overall quality of its lending portfolios, enabling it to meet changing regulatory requirements confidently[157] - The Group's expected credit loss (ECL) measurement methodology remains consistent with the audited financial statements for the year ended December 31, 2023, focusing on either a 12-month or lifetime basis depending on credit risk increases[161] - The Group continues to monitor high-risk loan accounts and has updated forward-looking assumptions to reflect market conditions as of June 30, 2024, with scenario weights of 70%, 11%, and 19% for "baseline," "good," and "bad" scenarios respectively[165] Market Conditions and Economic Outlook - The Hong Kong GDP growth rate forecast for the base scenario is 2.4% for 2024, with a good scenario at 7.0% and a bad scenario at -2.3%[173] - The Hong Kong unemployment rate forecast for the base scenario is 2.8% for 2024, with a good scenario at 2.3% and a bad scenario at 4.7%[173] - A 1% increase in unemployment rates would result in an ECL impact of HK$17,194,000 for retail and HK$27,832,000 for corporate as of June 30, 2024[181] - A 0.5% decrease in GDP growth rates would lead to an ECL impact of HK$3,453,000 for retail and HK$5,207,000 for corporate as of June 30, 2024[181]
大新银行集团(02356) - 2024 - 中期业绩
2024-08-30 04:03
Financial Performance - The unaudited net profit attributable to shareholders for the six months ended June 30, 2024, is HK$1,396,074,000, representing a 25.6% increase from HK$1,111,923,000 in 2023[2]. - Operating income for the period was HK$3,286,757,000, reflecting a 22.1% increase from HK$2,691,406,000[4]. - Basic earnings per share increased to HK$0.99 from HK$0.79, while diluted earnings per share rose to HK$0.93 from HK$0.75[4]. - The group reported a profit for the period of HKD 1,396,074, after tax expenses of HKD 183,847[44]. - The group’s profit attributable to shareholders increased by 26% to HKD 1.4 billion, with a significant contribution of HKD 430 million from Chongqing Bank[66]. Income and Revenue - Net interest income increased by 11.9% to HK$2,538,695,000 compared to HK$2,269,045,000 in the previous year[4]. - Net service fee and commission income rose significantly by 59.8% to HK$603,386,000 from HK$377,674,000[4]. - Non-interest income surged by 77%, primarily driven by growth in net service fees and commissions[67]. - Total operating income reached HKD 3,286,757, with operating expenses amounting to HKD 1,594,865, resulting in an operating profit before credit impairment of HKD 1,691,892[44]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to HK$262,372,675,000, compared to HK$260,744,094,000 at the end of 2023[8]. - Total liabilities were reported at HKD 228,739,842[44]. - The total equity attributable to shareholders rose to HK$33,632,833,000 from HK$32,889,443,000[8]. - The total amount of credit commitments as of June 30, 2024, was HKD 66,050,022 thousand, down from HKD 68,772,487 thousand as of December 31, 2023, a decrease of 3.95%[41]. Credit and Impairment - Credit impairment losses surged by 246.7% to HK$544,007,000, compared to HK$156,893,000 in the previous year[4]. - The percentage of credit-impaired loans and advances to total customer loans and advances is 1.96%, slightly up from 1.94%[31]. - The total overdue loans and advances as of June 30, 2024, is HKD 2,585,044, representing 1.83% of total loans, compared to 1.51% as of December 31, 2023[32]. - The total impairment provisions for loans and advances is HKD 1,180,190, compared to HKD 1,113,256 as of December 31, 2023[30]. Dividends and Shareholder Returns - The company declared an interim dividend of HK$379,553,000, up from HK$154,633,000 in 2023[4]. - The board declared an interim dividend of HKD 0.27 per share, payable on September 26, 2024[64]. Operational Efficiency - The cost-to-income ratio improved to 48.5% in the first half of 2024, down from 57.0% in the same period last year[64]. - The group continues to focus on prudent risk management and operational efficiency amid economic uncertainties in the first half of 2024[66]. Market and Economic Outlook - The group anticipates that the potential interest rate cuts in Hong Kong may stimulate local demand, although the overall performance will depend on the effectiveness of economic stabilization measures in mainland China and global economic trends[69]. - Loan demand remains weak, leading to a decline in financing needs, but the possibility of interest rate cuts in the coming months may gradually improve the economy and credit conditions[69]. Corporate Governance - The company has complied with the Corporate Governance Code, except for the absence of the chairman at the 2024 Annual General Meeting due to other commitments[70]. - The company has adopted a set of securities trading rules for directors that meet or exceed the standards set out in the Listing Rules[71]. Miscellaneous - The financial data in the interim results announcement is unaudited and does not constitute statutory financial statements[72]. - There were no purchases, sales, or redemptions of the company's listed securities by the company or its subsidiaries during the six-month period ending June 30, 2024[73].