Lates News

The research report from Citic Securities points out that the interim profits of banks have stabilized and recovered slightly more than expected. Specifically, the expected interest rate spread stability, investment income contribution, income, asset quality situation, and single-quarter profit improvement are all stable. Citic Securities predicts that there is still room for an increase in annual profit growth. From the market perspective, the outflow of trading funds in the previous period has suppressed the performance of bank stocks, but the stable fundamental situation has solidified investor confidence in the sector, and they are optimistic about the continuation of the absolute return market trend.