Diversified Banks

CNCB

CITIC Bank Fined 11.4 Million Yuan, Credit Card NPL Rate Hits 5-Year High

CITIC Bank Fined 11.4 Million RMB for Prudential Management Issues, Related Personnel Warned

CITIC Bank Co-hosts Commercial Aerospace Forum with Jiuquan Government to Boost Industrial Cluster Development

CITIC Bank Credit Card Center Debuts at Shenzhen Financial Expo with Smart Services and Interest Subsidy Policies

CITIC Bank International Helps Kazakhstan and Kyrgyzstan Issue Offshore Bonds to Deepen Central Asian Financial Cooperation

Sinoma Group Signs Strategic Cooperation Agreement with CITIC Bank

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

CNCB released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 38.57 B, actual EPS CNY 0.36

CNCB to Release FY2026 Q1 Earnings Report 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

CITIC Bank 2025 Half-Year Performance Release Conference

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China Feihe Limited announced that its subsidiary subscribed to a CITIC Bank wealth management product with RMB200 million of idle funds. The fixed-income product has an expected annual return of 2.40% and matures in June 2027, raising the group's total holdings in such products to RMB2.2 billion. This move aligns with the company's treasury strategy to enhance returns on surplus cash while maintaining capital safety and liquidity.

Tip Ranks

CHINA FEIHE

CITIC BANK

China Feihe boosts CITIC wealth product holdings with new RMB200m subscription

CIMB Bank Berhad and China CITIC Bank signed a letter of intent to strengthen financial connectivity between China and ASEAN, focusing on Malaysia and Indonesia. The partnership leverages CIMB's regional footprint and CITIC's onshore network to facilitate bilateral trade, cross-border financing, and investment flows. Key initiatives include enhancing RMB payment capabilities via CIPS, streamlining treasury services, supporting market entry through advisory, and exploring syndicated loans to broaden financing access for clients expanding across the region.

TechNode

CM BANK

China Merchants Bank

CIMB collaborates with China CITIC Bank to strengthen China-ASEAN financial connectivity

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BOCOM International reports that China's financial sector fundamentals will improve in H2 2026, driven by economic recovery. Banks are expected to accelerate earnings growth with recovering NIMs and asset quality, while securities firms may see >15% profit growth for leaders. Insurance profits may diverge but top insurers remain stable. Valuations across banks, brokers, and insurers are historically low, offering safety. The firm recommends focusing on leading institutions like state-owned banks, CITIC Bank, CICC, CITIC Securities, China Life, and China Taiping for a high-dividend and valuation recovery strategy.

AASTOCKS News

CICC

CITIC SEC

CHINA TAIPING

CITIC Securities Co., Ltd.

China Life

BOCOM INTL

CHINA LIFE

BOCOM International: Financial Sector Fundamentals to Improve in 2H26, Favor Leading Institutions

SOFI

PYPL

SOFA

PYPG

SOFX

The Dutch social commerce market is projected to grow at an 8.6% annual rate, reaching USD 55.95 billion by 2026, driven by digital payment trends. In stock news, China CITIC Bank rose 4.3%, while Visa gained 1.1%. Conversely, PayPal fell 3.4% and SoFi Technologies dropped 6.5%. The report also highlights opportunities across retail categories and consumer demographics.

- The social commerce market in the Netherlands is projected to grow at an annual rate of 8.6%, reaching USD 55.95 billion by 2026, with a continued 7.6% growth forecasted until 2031.  
- The report analyzes various retail categories, payment methods, and consumer demographics, driven by digital payment trends.  
- Additionally, digital payment stocks like Visa and PayPal showed varied performances, with PayPal shifting toward a comprehensive commerce platform to boost transactions.

Simplywall

SoFi Tech

Paypal

Visa

Direxion Daily SOFI Bull 2X ETF

Leverage Shares 2X Long PYPL Daily ETF

Defiance Daily Target 2X Long SOFI ETF

KB Financial

Digital Payment Update - Dutch Social Commerce Market Growth Trends and Insights

The National Financial Regulatory Administration announced that CITIC BANK was fined 11.4 million yuan for imprudent management of loan and credit card businesses. The responsible person Liu Xiaokai was warned and fined 50,000 yuan, and Bai Yanchao and three others were warned

同壁财经

CITIC BANK Co., Ltd. and related responsible personnel were administratively penalized for imprudent management of related loans, credit cards, and other business operations

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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.

ICBC

Bank Of China

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

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

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.

CITIC RESOURCES

CITIC LTD N2702

CITIC LTD N3002

CITIC LTD N4604

CITIC

CITIC Resources Renews Group Financial Services Deals as Major Connected Transactions

CICHY

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

CNCB(601998.SH)