ChinaAMC CSI Banks ETF

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

Bank Wealth Management Scale Down But Annual Growth, Bank Stocks Perform Well in Q1

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%

Pinned News

置顶新闻

Bank of China redeems RMB 50 billion write-down undated capital bonds

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Bank of China has fully redeemed RMB 50 billion of write-down undated capital bonds, originally issued on May 17, 2021. The bank exercised its redemption right ahead of the fifth anniversary, completing the repayment as of the announcement date.

PUBT

Bank of China

Bank Of China

WP CSI Banks ETF

Hwabao WP CSI Banks ETF

Fullgoal CSI 800 Banks ETF

Huaan CSI Banks ETF

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HSBA

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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.

AASTOCKS News

HSBC HOLDINGS

HSBC Holdings Plc

China Southern CSI Banks ETF

ChinaAMC SSE Financials Sector ETF Initiating Fund

HSBC 5xShortSG241213

HSBC

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

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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.

Yinhua CSI All Share Investment Banking & Brokerage ETF

VG Financial

Fidelity MSCI Financials Index

Hwabao WP CSI All Share Investment Banking & Brokerage ETF

Financial Select Sector SPDR Fund

iShares US Financials

Guotai CSI All Share Investment Banking & Brokerage ETF

ISHRS Us Brokers & Sec Exchg

Thomson Reuters

Trump backs down from idea of banks collecting citizenship information

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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

STAN

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Standard Chartered plans to hire more relationship managers in Singapore while cutting over 15% of its global corporate function headcount by 2030, resulting in more than 7,000 job losses. The bank aims to enhance productivity through AI and automation. Despite the cuts, it remains committed to business growth in Singapore and ASEAN, aligning with government workforce transformation plans. The bank also targets a lower cost-to-income ratio and aims to increase its return on tangible equity to over 15% by 2030.

Businesstimes News

Standard Chartered PLC

STANCHART

OCBC Bank

United Overseas Bank (UOB)

StanChart Singapore to hire more wealth bankers amid global cuts; impact on other roles still unclear

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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.

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Deutsche Bank AG

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Goldman Sachs

HSBC Holdings plc ADRhedged

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China Merchants CSI BANK AH Price ETF

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

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

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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.

BANK OF CHINA

China Construction Bank

ICBC

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

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Bank Of Communications

MINSHENG BANK

CMBC

CITIC BANK

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China Merchants Bank

CM BANK

BOC HONG KONG

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

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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.

Tip Ranks

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

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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.

UBS Group AG

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

JPM's report highlights that China's April credit data fell significantly short of expectations, with Aggregate Financing at RMB620 billion and new RMB loans decreasing by RMB10 billion. The largest recorded monthly declines in household and corporate loans were noted. The bank recommends a defensive strategy favoring the Big Four state-owned banks due to their stronger loan pipelines, while indicating deteriorating retail loan demand and a widening gap between M1 and M2 growth.

JPMorgan Chase

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JPMorgan Chase & Co.

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JPM: China Apr Credit Data Far Below Expectations, Favor Big Four State-owned Banks for Defensive Positioning

Yesterday, Bank of China’s stock price rose moderately by 1.34%, closing at HKD 5.29, with an intraday high of HKD 5.33, fluctuating within a narrow range of HKD 5.23 to HKD 5.33 throughout the day. The MACD daily line confirmed a golden cross above the zero axis, indicating that medium-term bullish momentum is accumulating, and buying power is steadily recovering. The trading volume was approximately HKD 1.308 billion, which is considered a normal high level for the stock recently, with good capital participation. The overall trend exhibits a characteristic "slow bull" rhythm typical of large bank stocks, with a healthy combination of volume and price. On the news front, the Ministry of Commerce stated on May 14 that the total value of China’s goods trade imports and exports increased by 14.9% year-on-year in the first four months of 2026, indicating a continued improvement in the fundamentals of foreign trade, which indirectly benefits the asset quality and credit issuance of banks. Meanwhile, the new chairman of the Federal Reserve, Jerome Powell, is facing inflationary pressures, and the market expects U.S. Treasury yields to remain high for an extended period, supporting the interest margin logic for Chinese bank stocks in the China-U.S. interest rate differential environment. The Hong Kong stock bank sector has recently stabilized overall, with active trading in China Construction Bank and Industrial and Commercial Bank of China on the same day, showing a clear sector linkage effect. As a representative of high-dividend assets, Bank of China continues to attract allocation funds in the current macro environment. From a technical perspective, Bank of China is currently holding above HKD 5.22 (the closing price yesterday), with the 5-day moving average turning upwards, and short-term support in the range of HKD 5.20-5.22. If it can break through the recent high of HKD 5.33 with increased volume, it is expected to open up further upward space

Technical Forecast

Pre-market trend | Bank of China (3988.HK) steadily rises on 5/14, are bank stocks gearing up for another step up?

ChinaAMC CSI Banks ETF(515020.SH)