东北地区首家上市农商行，正式从港交所退市！ 11月24日，吉林九台农商银行发布退市公告，向市场参与者提示该行H股的上市地位于11月24日办公时 间结束后撤回，也就是说，当日港交所下午4时收盘后九台农商行正式退市。 就在今年7月初，该行曾披露了吉林省金融控股集团股份有限公司及其一致行动人（下称"吉林金控"） 将收购该行全部已发行H股和内资股股份的溢价收购方案。最新公告显示，截至11月21日下午4时，已 通过要约收购获得约9.207亿股H股、约37.827亿股内资股，分别占比已发行H股95.26%和已发行内资股 92.09%。即吉林金控的收购动作已经进入尾声。 券商中国记者就上述公告以客户身份向九台农商行致电，该行电话客服人员回应称：九台农商行退市是 吉林金控向该行全体股东发出的公开要约收购，成功收购之后，九台农商行将成为完全国有控股的银 行，资金实力和服务能力将得到增强。该客服人员强调，本次收购及退市不影响该行正常运营，对客户 的存款、贷款等业务均不会产生影响。 上市8年，吉林金控收购后退市 九台农商行是首家从港交所退市的农商行。11月21日晚间，九台农商行表示，已向香港联交所申请且香 港联交所已根据上市规则批 ...

上市8年，吉林金控收购后退市 九台农商行是首家从港交所退市的农商行。11月21日晚间，九台农商行表示，已向香港联交所申请且香 港联交所已根据上市规则批准退市。H股于香港联交所的最后交易日为11月18日，H股香港于联交所的 上市地位于11月24日下午四时撤回。而早在今年3月12日，该行H股已经停止买卖，一直停牌至今，该 行股价也定格在了彼时收盘价0.41港元/股。 原标题：这家银行，正式退市！ 东北地区首家上市农商行，正式从港交所退市！ 11月24日，吉林九台农商银行发布退市公告，向市场参与者提示该行H股的上市地位于11月24日办公时 间结束后撤回，也就是说，当日港交所下午4时收盘后九台农商行正式退市。 就在今年7月初，该行曾披露了吉林省金融控股集团股份有限公司及其一致行动人（下称"吉林金控"） 将收购该行全部已发行H股和内资股股份的溢价收购方案。最新公告显示，截至11月21日下午4时，已 通过要约收购获得约9.207亿股H股、约37.827亿股内资股，分别占比已发行H股95.26%和已发行内资股 92.09%。即吉林金控的收购动作已经进入尾声。 券商中国记者就上述公告以客户身份向九台农商行致电，该行电话客服人 ...

东北地区首家上市农商行，正式从港交所退市！ 11月24日，吉林九台农商银行发布退市公告，向市场参与者提示该行H股的上市地位于11月24日办公时间结束 后撤回，也就是说，当日港交所下午4时收盘后九台农商行正式退市。 就在今年7月初，该行曾披露了吉林省金融控股集团股份有限公司及其一致行动人（下称"吉林金控"）将收购 该行全部已发行H股和内资股股份的溢价收购方案。最新公告显示，截至11月21日下午4时，已通过要约收购 获得约9.207亿股H股、约37.827亿股内资股，分别占比已发行H股95.26%和已发行内资股92.09%。即吉林金控 的收购动作已经进入尾声。 券商中国记者就上述公告以客户身份向九台农商行致电，该行电话客服人员回应称：九台农商行退市是吉林金 控向该行全体股东发出的公开要约收购，成功收购之后，九台农商行将成为完全国有控股的银行，资金实力和 服务能力将得到增强。该客服人员强调，本次收购及退市不影响该行正常运营，对客户的存款、贷款等业务均 不会产生影响。 上市8年，吉林金控收购后退市 九台农商行是首家从港交所退市的农商行。11月21日晚间，九台农商行表示，已向香港联交所申请且 香港 联 交所已根据上市规 ...

新京报贝壳财经讯（记者姜樊）11月24日，九台农商行在港正式退市。 日前，该行发布公告称，要约人吉林省金融控股集团股份有限公司（以下简称"吉林金控"）及其一致行 动人将收购该行全部已发行H股和内资股股份，待H股类别股东大会通过批准退市决议案之后，将H股 从联交所退市。根据要约人与该行给出的预期时间表，11月24日，该行H股于联交所退市。 根据九台农商行的公告，该行"拟退市"的消息已于7月份对外披露。根据Wind数据显示，该行H股自 2025年3月12日起停牌，停牌前最后交易日收市价为0.41港元/股。 编辑 陈莉 校对 穆祥桐 该行曾在7月份发布的公告称，该行从股权市场有效集资的能力极为有限，目前的上市地位不再为本行 经营提供切实可行的融资渠道。同时，"近年来，本行的财务表现及状况每况愈下，鉴于经营环境充满 挑战，因此认为本行若能以私人公司的身份，视实际情况所需，对其业务、架构及/或方向进行策略性 调整，将更有利于本行的发展"。 今年8月19日，九台农商行曾发布盈利预警称，根据董事会当前可得资料，预期截至2025年6月30日止六 个月净亏损约为8.98亿元。该行分析主要原因是，为应对外部市场环境变化，加强了风 ...

日前，吉林九台农商行发布公告称，要约人吉林省金融控股集团股份有限公司（以下简称"吉林金控"）及 其一致行动人将收购该行全部已发行H股和内资股股份，待H股类别股东大会通过批准退市决议案之后， 将H股从联交所退市。根据要约人与该行给出的预期时间表，11月24日，该行H股于联交所退市。 九台农商行前身是九台市农村信用合作联社。2008年12月，联社正式改制为东北首家农商银行。2017年1 月12日，该行在香港联交所主板上市。截至2024年三季度末（这是该行最后一次以财报形式披露业绩）， 九台农商行资产总额为2620.58亿元。由此，该行成为第一家退市的上市农商行。 九台农商行"拟退市"消息最早披露是在今年7月份。 7月3日，九台农商行公告称，中金公司将代表吉林金控就收购所有已发行H股作出自愿有条件全面现金要 约，H股要约价为每股H股0.7港元；同时，就收购所有已发行内资股作出自愿有条件全面现金要约，内资 股要约价为每股内资股0.63元。 据公开信息，该行H股自2025年3月12日起停牌，停牌前最后交易日收市价为0.41港元/股；最后交易日前 30个、60个、90个交易日平均收市价分别为约0.44港元/股、约0.49 ...

Core Viewpoint - Shengjing Bank is set to delist from the Hong Kong Stock Exchange, with the last trading day for its H-shares on November 13, 2025, and the official delisting on November 20, 2025, following a buyout offer from its major shareholder, Shenyang Shengjing Jin Control Investment Group [1][5][4]. Group 1: Delisting Details - The delisting is a result of a buyout offer amounting to approximately RMB 6.65 billion from Shengjing Jin Control and its concert parties [1][4]. - The buyout price for H-shares is set at HKD 1.32 per share, while the price for domestic shares is HKD 1.20 [4]. - As of October 21, 2025, 22.41 billion H-shares have accepted the buyout offer, representing about 99.69% of independent H-share holders [5]. Group 2: Financial Performance - For the first half of 2025, Shengjing Bank reported a revenue of RMB 4.326 billion, a decrease of 5.1% year-on-year, and a net profit of RMB 508 million, down 14.1% year-on-year [8][6]. - The bank's investment net income fell by RMB 1.459 billion, a decline of 62.3%, primarily due to reduced net gains from bond asset disposals [8][6]. - As of June 30, 2025, the bank's total assets were approximately RMB 1.13 trillion, with a non-performing loan rate of 2.69%, an increase of 0.01 percentage points from the previous year [2][9]. Group 3: Strategic Reasons for Delisting - The bank aims to provide shareholders with an opportunity to liquidate their investments through the buyout, as its stock price has declined by 4.20% despite a 30.05% increase in the Hang Seng Index since 2025 [7][6]. - The delisting is expected to optimize resource allocation, as the bank's low trading volume has limited its ability to raise funds effectively in the equity market [7][6].

Core Viewpoint - Shengjing Bank, once a model city commercial bank in Northeast China, announced its delisting from the Hong Kong Stock Exchange, effective November 20, 2025, following the acceptance of its buyout offer [2][3]. Group 1: Delisting Announcement - Shengjing Bank submitted a delisting application to the Hong Kong Stock Exchange, which has been approved, contingent upon the buyout offer becoming unconditional [3]. - As of October 21, 2025, 2.241 billion H-shares have accepted the buyout offer, representing approximately 99.69% of independent H-share holders, 95.74% of issued H-shares, and 25.48% of total issued shares [3][4]. - The last trading day for H-shares is expected to be November 13, 2025, with the delisting effective on November 20, 2025 [3]. Group 2: Buyout Offer Details - Shengjing Jin控 proposed an initial buyout offer of HKD 1.32 per H-share and HKD 1.20 per domestic share, totaling approximately HKD 6.652 billion [4]. - The buyout offer was later increased to HKD 1.60 per H-share (a premium of 40.35%) and HKD 1.45 per domestic share, raising the total offer to approximately HKD 8.344 billion [4]. - The rationale for the price increase was to provide greater financial incentives for shareholder acceptance and enhance the likelihood of a successful buyout [4]. Group 3: Reasons for Delisting - The bank cited two main reasons for the delisting: providing shareholders with better investment realization opportunities and optimizing resource allocation [5]. - Despite a 30.05% increase in the Hang Seng Index and a 28.39% increase in the Hang Seng Mainland Bank Index, Shengjing Bank's stock price declined by 4.20% during the same period [4][5]. - The average daily trading volume of Shengjing Bank's H-shares was extremely low, at approximately 0.0025%, 0.0345%, and 0.0196% over the last 90, 180, and 360 trading days, respectively, limiting its ability to effectively raise capital [5]. Group 4: Financial Performance - Shengjing Bank's revenue decreased from a peak of 21.002 billion in 2019 to 8.577 billion in 2024, while net profit fell from a peak of 7.580 billion in 2017 to 0.621 billion in 2024, with significant declines in 2020 and 2021 [5]. - In the first half of 2025, the bank reported revenue of 4.326 billion, a year-on-year decline of 5.1%, and a net profit of 0.494 billion, down 14.4% year-on-year [5]. Group 5: Shareholding Structure - As of August 26, 2025, the top five shareholders of Shengjing Bank's domestic shares include Shengjing Jin控 (20.79%), Shenyang Hengxin (5.46%), and others, indicating a concentrated ownership structure [6].

Core Viewpoint - Jilin Jiutai Rural Commercial Bank (Jiutai Bank) is expected to report a net loss of approximately 898 million yuan for the first half of 2025, raising concerns in the industry about its financial health and leading to its application for delisting from the Hong Kong Stock Exchange [4][5][6]. Financial Performance - Jiutai Bank's asset impairment losses for the first half of 2025 increased by approximately 312.42% compared to the same period in 2024 [6]. - The bank's revenue increased by about 27.83% in the first half of 2025, primarily due to growth in net interest income and net gains from investment securities [6]. - The bank has delayed the publication of its 2024 annual report and 2025 interim report, citing the need for more time to provide necessary information to auditors [6][7]. Losses and Impairments - The bank's anticipated net loss for the year ending December 31, 2024, is projected to be between 1.7 billion yuan and 1.9 billion yuan [7][21]. - The reasons for the losses include a reduction in interest income due to cost-cutting measures to support the real economy and increased asset impairment losses driven by a challenging external economic environment [9][21]. Asset Quality and Risk - Jiutai Bank's non-performing loan (NPL) ratio has been on the rise, reaching 2.34% in 2023, up from 1.63% in 2020 [22][24]. - The bank's non-performing loan balance has consistently increased since its listing, with the latest figures showing a non-performing loan balance of 4.42 billion yuan as of mid-2023 [25]. Market Position and Delisting - Jiutai Bank, once a leader among rural commercial banks in Northeast China, has seen its stock trading suspended since March 2023 and is now seeking to delist due to declining performance and low trading volumes [5][10][29]. - The bank's stock price has significantly decreased since its listing, falling below 1 HKD per share, with a low of 0.33 HKD per share [27][28]. Future Outlook - Following its delisting, Jiutai Bank plans to focus on localized operations and seek alternative financing channels to support its business adjustments [29].

Group 1 - Shenyang Bank announced plans to exit the capital market through a cash offer to acquire all remaining H-shares and domestic shares, aiming for delisting from the Hong Kong Stock Exchange [1] - The acquisition is expected to cost approximately 6.652 billion RMB, with 2.967 billion HKD allocated for H-shares and 3.929 billion RMB for domestic shares [1] - The offer price for H-shares is set at 1.32 HKD per share, representing a premium of about 15.79% over the last trading day's closing price, but an 86.49% discount compared to the estimated net asset value per share by the end of 2024 [1][2] Group 2 - Shenyang Bank provided two main reasons for the delisting: to offer shareholders better investment exit opportunities due to poor stock performance and to optimize resource allocation by reducing costs associated with maintaining a listing [2] - The bank's financial performance has been declining, with 2024 revenue at 8.577 billion RMB, down 14.57% year-on-year, and net profit at 621 million RMB, down 15.21% year-on-year [2] - The trend of delisting among Northeast China's banks is notable, with only Harbin Bank remaining listed, while Jinzhou Bank and JiuTai Rural Commercial Bank have already completed their delisting processes [2][4] Group 3 - Jinzhou Bank's delisting was completed in April 2024 after being acquired by Liaoning Financial Holdings Group, while JiuTai Rural Commercial Bank followed suit with a cash offer from Jilin Financial Holdings [4] - The delisting of Shenyang Bank marks a significant shift in the landscape of listed banks in Northeast China, with Harbin Bank's future performance and strategic choices now under scrutiny [4] - The competitive and regulatory environment in the banking sector is intensifying, raising questions about Harbin Bank's ability to maintain its listing status [4]

Core Viewpoint - Shengjing Bank announced its plan to delist from the Hong Kong Stock Exchange, citing the loss of meaningful status as a listed entity due to low trading volume and long-term stock price decline [1][2]. Group 1: Delisting Announcement - Shengjing Bank plans to delist from the Hong Kong Stock Exchange, with a total cash offer of approximately HKD 29.67 billion for H-shares and CNY 39.29 billion for domestic shares, totaling around CNY 66.52 billion [1]. - The cash offer represents a 15.79% premium over the last trading price of HKD 1.14 per H-share on August 14 [1]. Group 2: Reasons for Delisting - The bank's trading volume has nearly dried up, with an average daily trading volume of only 0.0025% of issued shares over the past 90 days, leading to a loss of equity financing capability [2]. - Shengjing Bank's stock price has declined by 4.20% from early 2025 to the suspension date, diverging from the 30.05% increase in the Hang Seng Index and 28.39% increase in the mainland bank index during the same period [2]. Group 3: Ownership and Asset Management - The major shareholder of Shengjing Bank has shifted from the Evergrande Group to the Shenyang state-owned capital system [3]. - In 2023, Shengjing Bank reached an asset disposal arrangement worth CNY 176 billion with Liaoning Assets, aimed at reducing non-performing loans and improving asset quality [3]. Group 4: Industry Context - Other banks in Northeast China, such as Jinzhou Bank and Jiutai Rural Commercial Bank, have also initiated or completed delisting processes, indicating significant challenges for regional banks listed in Hong Kong [4][5][7]. - Jinzhou Bank became the first mainland bank to delist from the Hong Kong Stock Exchange in April 2024, while Jiutai Rural Commercial Bank is expected to report a net loss of CNY 1.7 to 1.9 billion in 2024 [5][6].