Lates News

According to the AI fast news, a research report released by Pacific Securities on September 4 gave a buy rating to Industrial and Commercial Bank of China (601398.SH). The main reasons for the rating include: 1) precise and powerful credit distribution, solidly serving the real economy; 2) easing pressure on interest rate spreads, significant control over liability costs; 3) narrowing decline in net interest margin, investment income supporting growth; 4) maintaining sound asset quality, forward-looking risk control in key areas. (Daily Economic News)