trending Market Intelligence /marketintelligence/en/news-insights/trending/Ypj29Y9HB0nRlC1FjnXBJQ2 content esgSubNav
In This List

CNFinance Holdings expects Q3 net income at 100M-150M yuan, down YOY

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


CNFinance Holdings expects Q3 net income at 100M-150M yuan, down YOY

Chinese mortgage lender CNFinance Holdings Ltd. expects a net income of between 100 million Chinese yuan and 150 million yuan for the quarter ending Sept. 30.

The outlook is based on the current market conditions and reflects its current and preliminary estimates of market and operating conditions, which are all subject to substantial uncertainty, according to an Aug. 20 release.

In the third quarter ended Sept. 30, 2018, the company posted a net income of 234.9 million yuan.

As of Aug. 20, US$1 was equivalent to 7.06 Chinese yuan.