Bitcoin Dips Below $100K in 'Mid-Cycle Shakeout' Amid Bond Market Volatility► https://t.co/lkiBnYaHT2 https://t.co/lkiBnYaHT2 ...

Core Viewpoint - Guiyang Bank's performance continues to be under pressure due to declining interest rates and bond market volatility, resulting in a decrease in both revenue and net profit for the first half of 2025 [1][3][4]. Financial Performance - In the first half of 2025, Guiyang Bank achieved operating income of 6.5 billion yuan, a year-on-year decrease of 12.22% [1][3]. - The net profit attributable to shareholders was 2.474 billion yuan, down 7.2% year-on-year [1][3]. - This marks the continuation of a downward trend in revenue and net profit for two and a half years since 2023 [3]. Revenue Breakdown - Net interest income for the first half of 2025 was 4.92 billion yuan, a decrease of 15.26% year-on-year [4]. - Non-interest income was 1.58 billion yuan, a decline of 1.22% compared to the previous year [4][5]. - The bank's fee and commission income increased by 5.7% to 191 million yuan [5]. Asset Quality - As of June 30, 2025, the non-performing loan (NPL) ratio was 1.70%, an increase of 0.12 percentage points from the beginning of the year, the highest level since the bank's listing [7][8]. - The NPL ratio for loans to the real estate sector rose from 1.05% at the end of 2024 to 1.75% [8]. Loan and Deposit Growth - Total assets reached 741.54 billion yuan, an increase of 5.08% from the beginning of the year [7]. - Total loans amounted to 343.46 billion yuan, growing by 1.27% [7]. - Total deposits were 433.77 billion yuan, up 3.47% from the start of the year [7]. Operational Efficiency - The bank managed to reduce operating costs, with business and management expenses decreasing by 4.53% to 1.754 billion yuan [5]. - Employee wages and benefits decreased by 2.68% to 1.17 billion yuan [5].

Market Volatility - US bond market is experiencing high yield volatility [1] - The volatility in the US bond market is affecting government borrowing across the rich world [1] Global Impact - Japan's bond market is also causing concern among investors [1] Potential Reasons - The report suggests three reasons for the high yields in the US bond market (though not explicitly stated in the provided content) [1]

Japan’s finance minister said he’s aware of market views that recent bond market volatility has been driven by doubts over the country’s future fiscal management, pledging to respond to these voices ahead of Sunday’s elections https://t.co/3C8IZSu8Py ...