Lates News

Every AI Express, China Galaxy released a research report on September 1, giving a recommendation rating to Industrial and Commercial Bank of China (601398.SH). The reasons for the rating mainly include: 1) Improvement in performance growth, revenue back to positive growth; 2) Narrowing of interest rate spreads, high loan growth in key areas; 3) Marginal warming in intermediary income, high investment income growth; 4) Steady asset quality, improved risk compensation ability. (Daily Economic News)