Fullgoal CSI 800 Banks ETF

Ping An Increases Holding in Agricultural Bank of China H-Shares, Total Stake Exceeds 25%

Former Vice President Duan Qing of Agricultural Bank of China Shaanxi Branch Investigated for Serious Violations and Disciplinary Offenses

Pingtouge Unveils Zhenwu Chip Plan: V900/J900 to Launch Soon, Serving 400+ Clients

Agricultural Bank of China Issues 30 Billion RMB Total Loss Absorbing Capacity Non-Capital Bonds

Bank Wealth Management Subsidiaries Accelerate Equity Market Entry, Highlighting IPO and Net Subscription Performance

ICBC and ABC lead 2025 dividend payouts, totaling over 87 billion yuan

Shanghai Gold Exchange Absorbs ICBC as International Member

Agricultural Bank of China Successfully Issues 30 Billion Yuan TLAC Bonds in Second Tranche of 2026

ICBC Deploys 'Zhidaitong' AI Agent Matrix to Solve Financing Difficulties in Xinjiang Cotton Region

Bank of Communications Issues 50 Billion CNY Total Loss-Absorbing Capacity Non-Capital Bonds

National Energy Group and Agricultural Bank of China Deepen Strategic Cooperation to Promote Integration of Energy and Finance

ICBC Adjusts Risk Level of Gold Accumulation Business

CMB Appoints Wang Xiaoqing as New President

Rongchang Biotech Purchases Multiple Wealth Management Products from SPDB Yantai Branch

Agricultural Bank of China Issues RMB 35 billion Subordinated Bonds

Bank Wealth Management Subsidiaries Actively Participate in IPOs

ICBC Launches 'GYXY' Fund Sales Service Brand

ICBC Adjusts Risk Grades for 如意金积存 Business

Ping An Asset Management Increases Holdings in Agricultural Bank to 28.03%

STAN

02888

HSBA

HSBC

512800

512070

515020

512700

512820

516210

517900

510650

159887

HSBC Holdings PLC urged employees to embrace AI changes, acknowledging that while AI will eliminate some jobs, it will also create new ones. CEO Georges Elhedery emphasized the importance of adapting to technology to enhance productivity. Meanwhile, Standard Chartered PLC announced plans to cut nearly 8,000 jobs, focusing on replacing 'lower-value human capital' with technology. Analysts report that the banking sector has seen significant job reductions due to AI, raising concerns about potential backlash and the need for careful management of workforce changes.

Taipei Times

Standard Chartered PLC

STANCHART

HSBC Holdings Plc

Hwabao WP CSI Banks ETF

E Fund CSI 300 Financials (ex Banks) ETF

ChinaAMC CSI Banks ETF

China Southern CSI Banks ETF

WP CSI Banks ETF

Huaan CSI Banks ETF

China Merchants CSI BANK AH Price ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

HSBC HOLDINGS

Morgan Stanley

HSBC 5xShortSG241213

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

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

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

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

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

HSBC tells workers not to resist AI changes

06818

300541

601818

ADTec (300541) won the procurement project of CEB Bank, with an amount of 4.0803 million yuan. The operating revenue for 2024 is 2.22 billion yuan, with a net profit of 38 million yuan. In the first half of 2025, the operating revenue is 1.38 billion yuan, with a net profit of 63 million yuan. The company mainly engages in IT infrastructure construction, software solutions, and IT operation and maintenance services

同壁财经

CEB BANK

ADTec

CEB Bank

ADTec (300541): Won the procurement project of China Everbright Bank Co., Ltd., with a bid amount of 4.0803 million yuan

600756

Inspur Software (600756) won the bid for the procurement project of the Bank of Communications Henan Branch, amounting to 1.296 million yuan. The operating revenue for 2024 is expected to be 1.87 billion yuan, with a net profit of 14 million yuan and a return on equity of 0.59%. In the first half of 2025, the operating revenue is projected to be 429 million yuan, with a net profit of -148 million yuan

Bank Of Communications

BANKCOMM

Inspur Software (600756): Won the bid for the procurement project of the Henan Branch of China Construction Bank, with a bid amount of 1.296 million yuan

002142

03988

BACHY

601988

Jefferies forecasts steady earnings improvement for mainland China's banking sector in 2026, driven by a mild macroeconomic recovery and low policy volatility. The report anticipates a slowdown in NIM narrowing, supporting net interest income growth, with pre-provision operating profit expected to recover fully. The broker favors BANK OF CHINA and BANK OF NINGBO, both rated Buy, and highlights selective attractiveness in the sector due to capital inflows and improving earnings visibility. Ratings and target prices for various banks are also provided in the report.

AASTOCKS News

Bank of Ningbo

BANK OF CHINA

Bank of China

Bank Of China

Jefferies Financial

ICBC

PSBC

CM BANK

China Merchants Bank

MINSHENG BANK

CMBC

BOC HONG KONG

Jefferies: Mainland Banks to See Steady Improvement This Year, Favors BANK OF CHINA  and BANK OF NINGBO

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Georges Elhedery, CEO of HSBC HOLDINGS, emphasized the importance of embracing AI during the Investor Day. He noted that while AI may eliminate certain roles in finance, it will also create new opportunities. The bank is retraining employees to adapt to these changes and enhance efficiency, urging staff to collaborate with the bank in leveraging this technology.

- Georges Elhedery, CEO of HSBC HOLDINGS, stated that AI will eliminate certain jobs in finance while creating new opportunities.  
- He emphasized the importance of employees embracing AI-driven changes and collaborating with the bank to leverage this technology.  
- The Group plans to retrain employees to ensure they have the necessary skills and tools to enhance future efficiency.

HSBC HOLDINGS Georges Elhedery: Employees Should Embrace AI, Work with Bank to Harness Tech

01288

601288

Agricultural Bank of China has successfully issued RMB35 billion in 2026 Tier 2 Capital Notes, consisting of a 10-year tranche of RMB33 billion at 1.97% and a 15-year tranche of RMB2 billion at 2.27%. The proceeds will enhance the bank's Tier 2 capital, supporting regulatory compliance and future growth. This issuance reflects strong investor interest in the bank's subordinated instruments. The latest analyst rating for the bank's stock is a Buy, with a price target of HK$6.20.

Tip Ranks

Agricultural Bank of China Raises RMB35 Billion with 2026 Tier 2 Capital Notes

HSBC Research has lowered expectations for rate cuts in 2026 following the People's Bank of China's recent monetary policy report. The report suggests a high likelihood of net interest income expansion for Chinese banks, particularly ICBC, CCB, and Bank of China H shares. The research indicates that corporate banking is outperforming retail, with positive growth in corporate loans. Additionally, banks are advised to limit high-interest interbank time deposits to reduce competition and funding costs.

China Construction Bank

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

CITIC BANK

CNCB

HSBC Research Lowers Rate Cut Expectations Within Year; CN Banks' Net Interest Income Seen Expanding; Prefers ICBC, CCB and BANK OF CHINA H Shrs

GS-C

GS-D

Several brokers have raised their RMB forecasts, citing China's export competitiveness and stable US trade relations. HSBC increased its year-end forecast to 6.65 per USD, while Deutsche Bank raised theirs to 6.55. Goldman Sachs predicts USD/CNY will reach 6.5 within 12 months, up from previous estimates, supported by China's trade surplus and strong exports.

- Several brokers have raised their forecasts for the RMB due to China's export competitiveness and stable trade relations with the US.  
- As of May 19, the RMB appreciated approximately 2.6% against the USD, prompting HSBC and Deutsche Bank to increase their year-end predictions to 6.65 and 6.55 per USD, respectively, citing strong exports and domestic demand recovery.  
- Goldman Sachs also anticipates continued appreciation, adjusting its forecasts for USD/CNY to 6.8, 6.7, and 6.5 over the next twelve months, supported by China's significant trade surplus.

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

Deutsche Bank AG

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

Goldman Sachs

HSBC Holdings plc ADRhedged

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Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

GS Hldg R

Brokers Raise RMB Forecasts; G Sachs Expects USD/CNY at 6.5 within 12 Mths

601328

03328

Bank of Communications Co., Ltd. has issued RMB50 billion in Total Loss-Absorbing Capacity Non-Capital Bonds to enhance its capital structure and regulatory compliance. The four-year bonds, with a 1.75% coupon, aim to strengthen the bank's resilience in stress scenarios. The latest analyst rating for the stock (HK:3328) is a Buy with a price target of HK$7.75.

Bank of Communications Boosts Loss-Absorbing Capacity With RMB50 Billion TLAC Bond

159842

President Trump issued an executive order increasing scrutiny on non-citizens' banking activities, directing the Treasury to identify red flags related to tax evasion and illegal account ownership. The order is less extensive than a previous proposal requiring banks to collect citizenship data, which industry executives warned would be burdensome. Analysts view the changes positively, as they aim to maintain financial access while enhancing immigration controls.

Fullgoal CSI 800 Banks ETF(159887.SZ)