News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>UBS Expects CN Banks to Maintain Positive NP Growth in 1Q, Likes CITIC BANK/ CCB/ ICBC
Chinese banks will announce their 1Q25 results in late-April. According to a research report released by UBS, SOE banks are expected to continue their 4Q24 improvement trend in rev...
Reset
Send
The window will close in 5 seconds
<Research>UBS Expects CN Banks to Maintain Positive NP Growth in 1Q, Likes CITIC BANK/ CCB/ ICBC
Close
Recommend
53
Positive
82
Negative
40
 
SHORT SELL
 
STOCK INFO

Chinese banks will announce their 1Q25 results in late-April. According to a research report released by UBS, SOE banks are expected to continue their 4Q24 improvement trend in revenue and operating profit before tax in 1Q25, and net profit is expected to remain stable and positive growth (up 1.6% YoY). As a result, 1Q25 is expected to be a steady quarter.

BANKCOMM (03328.HK)  +0.060 (+0.913%)    Short selling $37.92M; Ratio 23.319%   and MINSHENG BANK (01988.HK)  +0.030 (+0.822%)    Short selling $53.88M; Ratio 38.708%   have already reported good preliminary results for 1Q25, UBS added. Moreover, UBS expected ABC (01288.HK)  +0.030 (+0.670%)    Short selling $96.56M; Ratio 20.937%   may continue to post higher-tha-peers net profit growth, but the gap is narrowing.

Related NewsBOCOMI Lists Top 10 Net Buys of HK Stocks Under Stock Connects Last Wk (Table)
PING AN BANK(000001.SZ)  +0.120 (+1.085%)   is likely to remain the laggard in 1Q25, with revenue and profit slipping sharply. PSBC (01658.HK)  +0.050 (+1.048%)    Short selling $30.77M; Ratio 26.982%   is expected to benefit from 2 reductions in deposit agency costs, and may boost its operating profit before tax growth to 6.5% YoY, but net profit growth will not be too good.

Furthermore, UBS was bullish on Chinese banks with undemanding valuations and high dividend yields, such as CITIC BANK (00998.HK)  +0.030 (+0.497%)    Short selling $68.40M; Ratio 33.004%   , CCB (00939.HK)  +0.120 (+1.832%)    Short selling $192.86M; Ratio 10.168%   , and ICBC (01398.HK)  +0.080 (+1.518%)    Short selling $144.01M; Ratio 14.597%   , mainly because they have the highest dividend yield of 7.3%/ 7%/ 6.6%, respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-17 16:25.) (A Shares quote is delayed for at least 15 mins.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.