E Fund CSI Dividend Low Volatility ETF

Minsheng Bank's Net Interest Margin Stabilizes, Revenue Grows but Net Profit Drops Sharply

Minsheng Bank Releases Digital Finance White Paper Showcasing Top-level Planning and Innovation Achievements

JPMorgan Issues Underperforming Q1 Earnings Report for China Minsheng Bank

Minsheng Bank reports a 9.64% YoY decline in net profit in Q1 2026

ShaanGu released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 2.588 B, actual EPS CNY 0.11

CMBC released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 23.93 B, actual EPS CNY 0.26 (forecast EPS CNY 0.31)

Ping An Announces 7.4% YoY Drop in Q1 2026 Net Profit

GREE released FY2025 Annual Earnings on April 28 After-Market (BJT), Actual Revenue: CNY 170.45 B (Forecast: CNY 182.46 B), Actual EPS: CNY 5.2 (Forecast: CNY 5.4503)

GREE released FY2025 Q4 earnings on April 28 After-Market (BJT), actual revenue CNY 33.94 B (forecast CNY 40.25 B), actual EPS CNY 1.3395 (forecast CNY 1.5198)

GREE released FY2026 Q1 earnings on April 28 During-Market (BJT), actual revenue CNY 42.97 B (forecast CNY 37.75 B), actual EPS CNY 1.09 (forecast CNY 0.92)

China Minsheng Bank Announces 2025 Annual Report

Cofco Sugar released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 4.3 B, actual EPS CNY 0.101

Cofco Sugar released FY2025 Q4 earnings on April 27 After-Market (BJT), actual revenue CNY 6.206 B, actual EPS CNY 0.0636

Cofco Sugar released FY2025 earnings on April 27 After-Market (BJT), actual revenue CNY 26.51 B (forecast CNY 30.75 B), actual EPS CNY 0.4447 (forecast CNY 0.52)

JD and Gree Sign Deep Cooperation Agreement, Launch Full Package Air Conditioner Replacement Service

Huachun Jiangzhong Q1 2026 Financial Results: Revenue Down, Net Profit Up

CRJZ released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 1.036 B (forecast CNY 1.216 B), actual EPS CNY 0.46 (forecast CNY 0.4548)

PAB released FY2026 Q1 earnings on April 24 During-Market (BJT), actual revenue CNY 27.3 B (forecast CNY 33.64 B), actual EPS CNY 0.67 (forecast CNY 0.6569)

SUNWAY released FY2026 Q1 earnings on April 24 After-Market BJT, actual revenue CNY 463.65 M, actual EPS CNY -0.0015

ShaanGu to Release FY2026 Q1 Earnings on April 30 After-Market (BJT)

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BACHY

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Citi Research reported that in 1Q26, the average pre-provision operating profit (PPOP) growth for 21 Chinese banks was 9.5% YoY, up from 2.6% in 4Q25, driven by loan growth and NIM recovery. Sector earnings rose 3% YoY, with credit costs increasing as banks prepared for future risks. BANK OF BJ led with 24% PPOP growth, while CEB BANK saw a 1.8% decline. Top picks include BANK OF CHINA and PING AN BANK, with target prices raised. Overall, large and regional banks outperformed joint-stock banks.

AASTOCKS News

BANK OF CHINA

Bank of China

Bank Of China

CEB BANK

CEB Bank

Huaan CSI Banks ETF

Hwabao WP CSI Banks ETF

WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

Citigroup

Changshu Bank

CMBC

MINSHENG BANK

ICBC

CM BANK

China Merchants Bank

INDUSTRIAL BANK

SPD Bank

CITIGROUP INC 6.250 NON CUM SER II PFD WI

BOC HONG KONG

Citi: Large and Regional Chinese Banks' 1Q26 Results Beat; NIM Recovery

The three major A-share indices opened mixed, with the Shanghai Composite Index down 0.1%, the Shenzhen Component Index up 0.1%, and the ChiNext Index up 0.3%. Ping An Bank shares rose 3% after reporting a 3% YoY increase in Q1 net profit. SMIC shares opened 2.1% higher, while other chip stocks showed mixed results. The RMB against USD was set at 6.8579, marking a 95 bps increase MoM. The PBOC conducted significant reverse repo operations, resulting in a net withdrawal of RMB200 billion.

SSE Index

Shenzhen Index

ChiNext

BYD COMPANY

CATL

SMIC

Hua Hong

HUA HONG SEMI

Cambricon

Moore Threads

YOFC

BYD HK SDR 10to1

BYD Company

BYD Company Limited

BYD COMPANY-R

CATL HK SDR 30to1

SMIC HK SDR 5to1

ZTE Corporation

Three Major A-Share Indices Open Mixed; Ping An Bank  Jumps 3% Post Results; SMIC  Opens Higher

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Ping An Insurance Company of China has announced the release of its banking subsidiary, Ping An Bank's Q1 2026 financial report, available on both the Shenzhen and Shanghai Stock Exchanges. The board affirmed the accuracy of the announcement, emphasizing regulatory compliance and transparency with shareholders. The latest analyst rating for Ping An Insurance (HK:2318) is a Buy, with a price target of HK$86.00. Ping An Insurance is a major financial services conglomerate in China, focusing on insurance, banking, and financial services.

Tip Ranks

PING AN

Ping An

PING AN-R

Ping An Insurance

Ping An Insurance Flags Release of Ping An Bank’s Q1 2026 Results

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Amid the banking sector facing dual pressures of narrowing net interest margins and an asset shortage, Bank of Nanjing has delivered a seemingly impressive performance report:

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BANK OF NANJING

Nanjing Bank's 3 Trillion Yuan Balance Sheet Surge: Volume-for-Price Strategy and Profit Smoothing Amid Net Interest Margin Pressure

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JPMorgan expects moderate improvement in revenue and profit growth for Chinese banks in 1Q26. Agricultural Bank of China and Bank of Communications are anticipated to lead with stronger profit growth, while Postal Savings Bank may lag due to rising credit costs. Among joint-stock banks, Ping An Bank is likely to achieve positive growth, whereas China Minsheng Bank's profit growth may contract. JPM favors China Merchants Bank for its stable growth and attractive dividends. Overall, state-owned banks are expected to outperform joint-stock banks ahead of the dividend season in July.

PSBC

China Merchants CSI BANK AH Price ETF

ChinaAMC CSI Banks ETF

China Southern CSI Banks ETF

JPMorgan Chase

BANKCOMM

Bank Of Communications

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

JPM Expects Moderate Improvement in 1Q26 Revenue and Profit Growth for Chinese Banks

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On April 17, 2026, Bank of Shanghai Asset Management announced that the industrial and commercial registration for its equity change has been completed. Santander Investment Holdings S.L. has officially acquired a 20% stake, becoming the second-largest shareholder. Following this equity transfer, Bank of Shanghai retains an 80% stake as the controlling shareholder. This transformation marks the fund's shift to a Sino-foreign joint venture mutual fund, paving the way for more internationalized development. Santander Investment Holdings is an affiliate of Spain's Santander Group, which boasts over 160 years of history

Bank of Shanghai

Banco Santander SA-Spon

Banco Santander, S.A.

New Sino-Foreign Joint Venture Mutual Fund Emerges: Bank of Shanghai Asset Management Equity Change Finalized

Former President of NJBK, Shu Hangnong, was sentenced to 5 and a half years in prison for misappropriating 480 million yuan of public funds. This case reveals how financial executives exploit regulatory loopholes for internal profit. In 2009, Shu Hangnong illegally used the bank's reserve funds to prematurely redeem wealth management products, ultimately profiting 15.75 million yuan. The case reflects significant deficiencies in NJBK's internal control system and power balance mechanisms. Despite Shu Hangnong's imprisonment, the bank's internal control issues still persist

腾讯新闻 - 财经

How did the former president of NJBK circumvent risk control to misappropriate 480 million public funds and receive a sentence of 5 and a half years?

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Recently, several banks such as Bank of Shanghai, Bank of Ningbo, Shenzhen Rural Commercial Bank, and Guangdong Nanyue Bank have collectively raised the risk levels of the public offering funds they distribute, with some products upgraded to high risk (R5) level. This adjustment involves multiple funds and reflects the impact of changes in the market environment, product strategy adjustments, and new regulatory requirements. Regulatory authorities require commercial banks to independently and prudently assess the risk ratings of the products they distribute, prompting institutions to reassess risks to accurately reflect product risks

Bank of Ningbo

DRCB

Multiple banks have intensively raised the risk levels of the funds they distribute, with some increasing to R5

On April 14, PSBC successfully launched a remote sensing satellite in collaboration with Changguang Satellite, becoming the fourth commercial bank in China to participate in satellite development. ABC showcased a custom AI agent named "Lobster" to improve loan process efficiency. Industrial Bank's Executive Vice President presented technology progress via a digital avatar. China Merchants Bank proposed an "AI First" philosophy, while PAB views technology as its core competitive strength. The annual technology investment of 13 A-share listed banks exceeded 180 billion yuan, and the criteria for evaluating tech investment are shifting from scale to effectiveness

- On April 14, Postal Savings Bank launched a high-resolution optical remote sensing satellite, becoming China's fourth commercial bank to develop and launch a satellite.  
- Major banks are adjusting their technology strategies, with a significant focus on AI integration and digital transformation, amidst rising pressures on net interest margins and demands for higher efficiency.  
- Overall, bank technology spending surpassed 180 billion yuan, emphasizing the need for operational effectiveness and solid performance in a landscape increasingly defined by data and AI-driven solutions.

E Fund CSI 300 Financials (ex Banks) ETF

A 180 Billion Yuan Shadow War in Bank Technology

E Fund CSI Dividend Low Volatility ETF(563020.SH)