CCB (00939.HK) +0.305 (+3.337%) Short selling $342.22M; Ratio 17.586% last jumped up 3.39% at HKD9.45, hitting a record high since listing, with trading volume of 217 million shares and turnover of HKD2.032 billion. BANK OF CHINA (03988.HK) +0.295 (+5.287%) Short selling $181.62M; Ratio 20.309% last soared 5.2% at HKD5.87, also hitting a record high since listing, with trading volume of 409 million shares and turnover of HKD2.376 billion.

JPMorgan released a report stating that the 2Q results of state-owned Chinese banks beat market expectations, while interim dividend payout ratios were raised by 1 ppt. Although the magnitude was mild, it marked the first increase in regular payout ratios since listing and was a positive signal for shareholder returns. Within its coverage of Chinese bank stocks, BANK OF CHINA and CCB remain its top picks, with target prices of HKD6.15 and HKD10.1 respectively. JPMorgan maintained an Overweight rating on all state-owned banks.

Citi released a report stating that the first-half results of BANK OF CHINA, CCB, PSBC (01658.HK) +0.370 (+7.467%) Short selling $52.94M; Ratio 41.128% and BANK OF NINGBO (002142.SZ) +0.260 (+0.768%) topped forecasts. Its top H-share Chinese bank picks are BANK OF CHINA and CCB. The higher first-half payout ratios were the key positive factor, and Citi expected large Chinese banks to gradually raise dividend payout ratios to around 40%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-28 16:25.) (A Shares quote is delayed for at least 15 mins.)