Diversified Banks

CITIC BANK

Sinoma Group Signs Strategic Cooperation Agreement with CITIC Bank

CITIC BANK released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue HKD 43.73 B, actual EPS HKD 0.4081

China CITIC Bank reports a 3.02% YoY increase in net profit for Q1 2026

China Overseas Development Signs a 15 Billion Yuan Guarantee Loan Framework Agreement with CITIC Bank

CITIC BANK to Release FY2026 Q1 Earnings on April 29 After-Market (BJT)

CITIC Bank International Reviews 2025 Performance and Outlines 2026 Business Strategy

CITIC Bank Completes the Issuance of a 40 Billion Yuan Perpetual Bond

China CITIC Bank Reports 2.98% YoY Profit Growth in 2025, Announces High Dividend Scheme

A-Share Listed Banks' Overall Salaries Stable While Executives' Drop in 2025

China CITIC Bank's Net Profit Increased in 2025 but Parent Company Revenue Declined

CITIC Bank Upgraded to A- with Stable Outlook by Fitch

Comparison of Annual Financial Reports Between China CITIC Bank and Industrial Bank

CITIC Bank's Retail Banking Profit Plummets by Over 40%

China CITIC Bank Adjusts Strategy to Focus on Corporate Business

UBS Maintains Buy Rating For China CITIC Bank, Price Target at HKD 9.30

Citibank Raises Rating on China CITIC Bank to Buy

Zhongxin Bank's Xie Zhibin Shares 2025 Annual Wealth Management Business Achievements

HSBC Research: CITIC Bank's 2022 Earnings Modestly Positive

CITIC Bank Reports 3% Net Profit Growth in 2025, Dividend Ratio Hits a New High

CITIC Bank Deputy 行长 Expects Stable and Improving Asset Quality in 2026

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

CITIC Bank 2025 Half-Year Performance Release Conference

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UBS reported that April's new RMB loans and Aggregate Financing to the Real Economy fell short of expectations, with loans contracting by RMB10 billion. Despite record bill financing, overall loan growth slowed to 5.6% YoY. UBS remains positive on Chinese banks, predicting a turning point in 2026 for net interest income and revenue. Their top picks include BANK OF CHINA, CCB, ICBC, and CITIC BANK, all rated Buy with attractive valuations and high dividend yields.

AASTOCKS News

ICBC

Bank Of China

CNCB

BANK OF CHINA

ChinaAMC CSI Banks ETF

Huaan CSI Banks ETF

Hwabao WP CSI Banks ETF

China Merchants CSI BANK AH Price ETF

Fullgoal CSI 800 Banks ETF

WP CSI Banks ETF

China Southern CSI Banks ETF

UBS Group AG

Bank of China

China Construction Bank

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

BOC HONG KONG

UBS: CN Apr New RMB Loans, TSF Both Miss; Top Picks BANK OF CHINA/ CCB/ ICBC/ CITIC BANK

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M Stanley's research report indicates that while China government bond yields have recently declined, financial asset yields are expected to gradually rebound due to easing PPI pressure and a focus on risk-based loan pricing. The stabilization of China's property market is seen as a catalyst for improving revenue and earnings in the financial sector. M Stanley rates China's financial sector as "Attractive," favoring BANK OF NINGBO and the H shares of four major state-owned banks and CITIC BANK. Strong export growth and liquidity in the market support stable financial asset yields.

Bank of Ningbo

Morgan Stanley

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

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M Stanley: Mainland Financial Asset Yields to Gradually Rebound, Favors Four Major Banks and CITIC BANK

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CITIC Resources Holdings has renewed three-year financial services agreements with CITIC Bank International and other subsidiaries of CITIC Group, replacing existing arrangements. The agreements cover various financial services, including deposit and payment services, and are classified as continuing connected transactions under Hong Kong listing rules. Due to the significant percentage ratios for deposit services, these arrangements require reporting and independent shareholders' approval. CITIC Resources operates in the resources and energy sector, utilizing group-affiliated financial institutions for its operations.

Tip Ranks

CITIC RESOURCES

CITIC LTD N2702

CITIC LTD N3002

CITIC LTD N4604

CITIC

CITIC Resources Renews Group Financial Services Deals as Major Connected Transactions

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UBS's research report highlights that state-owned Chinese banks outperformed expectations in Q1, with an 8.5% revenue increase, the highest since 2021. This growth was driven by improved net interest margins and solid fee income. While regional banks met expectations, joint-stock banks showed mixed results. The report indicates an improving operating environment for mainland banks, with potential upward revisions in earnings growth for state-owned banks. UBS remains positive on defensive bank stocks with high dividend yields, favoring CCB, Bank of China, ICBC, CITIC Bank, and Bank of Ningbo.

UBS: State-Owned CN Banks Stand Out in 1Q; Operating Conditions Improving

CITIC BANKreported a 3% year-on-year increase in net profit for Q1, totaling RMB20.098 billion. Operating income rose 5.6% to RMB54.661 billion, with net interest income up 1.7% to RMB36.27 billion. Non-interest income surged 14.2% to RMB18.391 billion. Total loans reached RMB5.999 trillion, while non-performing loans increased to RMB68.745 billion, maintaining a non-performing loan ratio of 1.15%. The provision coverage ratio decreased to 202.45%.

CITIC BANK  1Q Net Profit RMB20.098 billion, Up 3% YoY

China CITIC Bank has published its unaudited consolidated results for Q1 2026, affirming compliance with Hong Kong securities regulations. The report, prepared under IFRS standards, emphasizes the accuracy and reliability of financial information, with senior management's guarantee. The announcement includes updates on corporate governance, such as changes to joint company secretaries effective April 29, 2026. Analysts rate the stock (HK:0998) as a Buy, with a target price of HK$8.30. The bank, listed on both the Shanghai and Hong Kong exchanges, serves retail and corporate clients.

China CITIC Bank Publishes First-Quarter 2026 Results and Governance Update

Genertec Universal Medical Group plans to issue RMB500 million in onshore medium-term notes to refinance debt. The notes will have a two-year tenor and a fixed interest rate, targeting qualified domestic institutional investors. The proceeds will be used to repay maturing debt, with trading expected to start on April 27, 2026. The group has an approved programme of up to RMB3 billion, with RMB2.5 billion remaining available. China CITIC Bank and Postal Savings Bank of China will act as joint lead underwriters, indicating the group's access to onshore funding channels.

UNI MEDICAL

PSBC

Genertec Universal Medical Unit to Issue RMB500 Million Onshore Notes to Refinance Debt

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China Gas Holdings Limited has signed a strategic cooperation agreement with CITIC Construction and China CITIC Bank to create an integrated ecosystem for energy infrastructure and green industries. This partnership aims to support China Gas's new energy initiatives, including energy storage and biomass energy, while aligning with China's '15th Five-Year Plan' and the Belt and Road Initiative. The collaboration will focus on overseas energy projects, green finance, and sustainable development, enhancing China Gas's market presence in key regions such as Europe and Southeast Asia.

Asian Corporate Newswire

CHINA GAS HOLD

Deye

CHERY AUTO

China Gas Signs Strategic Cooperation Agreement with CITIC Construction and China CITIC Bank

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UBS released investment ratings and target prices for domestic bank stocks, including Industrial and Commercial Bank of China (Buy, 7.79 RMB), China Construction Bank (Buy, 10.2 RMB), Agricultural Bank of China (Neutral, 5.85 RMB), Bank of China (Buy, 5.9 RMB), China Merchants Bank (Neutral, 56 RMB), Postal Savings Bank of China (Neutral, 6.1 RMB), Bank of Communications (Buy, 8.6 RMB), CITIC Bank (Buy, 9.3 RMB), Minsheng Bank (Buy, 5.3 RMB), Chongqing Rural Commercial Bank (Buy, 8.35 RMB), and Huishang Bank (Sell, 3.25 RMB)

CITIC BANK(00998.HK)