[Brokerage Focus] CITIC SEC: Optimistic about relative and absolute value in the Banks Sector for the entire year.

Jinwu Financial News | CITIC SEC released a research report stating that last week the volatility in the capital markets increased, and bank stocks showed relative returns. From the annual reports that have been released and the preliminary growth figures for the first quarter, the fundamentals of the banks are in line with market expectations. Looking ahead to 2025, the capital markets may be influenced by multiple factors including China-U.S. tariffs, domestic expectations of hedging policies, and economic running, leading to persistently high volatility. In this context, bank stocks, benefiting from stable financial data, predictable dividend value, and relatively low valuation volatility, are optimistic for both relative and absolute value for the year, suggesting an increased allocation in the sector.

King Wu Financial News20:42 ET

Trending Stocks Today: BYD COMPANY Inches up 6.1%

Moomoo NewsApr 11 02:55 ET

New trends in Real Estate Crediting: Postal Savings Bank, Everbright Bank and others strengthen their support for businesses, while Banks show divided attitudes toward personal housing loans.

① Multiple Banks are increasing their lending in the real estate sector. ② In terms of personal housing mortgages, Banks have differing attitudes: some Banks state they will increase mortgage lending, while others indicate a "cautious approach."

cls.cnApr 10 03:30 ET

Trending Stocks Today: XIAOMI-W Climbs 4.17%

Moomoo NewsApr 10 02:10 ET

Trending Stocks Today: DOBOT Shoots up 24.08%

Moomoo NewsApr 8 03:20 ET

【Brokerage Focus】China Jianyin Investment: Amid the turmoil in the Global market, Chinese Banks have become a relatively safe haven due to their stable dividends.

Jinwu Financial News | Jianyin International states that amidst global market turmoil, Chinese-funded Banks have become a relatively safe haven due to stable dividends. Although there is ongoing market discussion, the direct impact of USA tariffs on Chinese-funded Banks is comparatively limited. The bank indicates that for the fiscal year 2024, the Net income for banks covered will slightly increase by 1% year-on-year to 1.65 trillion yuan, which is 0.4% lower than the bank's annual expectations. Total dividends will also slightly increase by 1% year-on-year to 522 billion yuan, with a payout ratio maintained at 31.6%. Revenue/provisioning profit is in line with expectations, decreasing year-on-year by 0.4%/1.4%; for the fiscal year 2024, the return on equity/assets will year-on-year.

Jin Wu Financial NewsApr 8 01:36 ET