Citic Sec: The implementation of advanced methods of capital measurement is progressing in an orderly manner. It is recommended to reevaluate the investment value of banks.

From the perspective of investing in the banking sector, the revenue growth rate and profit growth rate of listed banks in the third quarter have both improved, with overall sound asset quality. Currently in the observation period of the macroeconomic policy effects, the subsequent policy support is expected to help alleviate real risks, especially the credit risks of the urban investment and real estate sectors, providing a solid foundation for the stability of the banks' net assets.

Zhitong Finance19:38 ET

China Construction Bank Corporation (CICHY) Q3 2024 Earnings Call Transcript Summary

moomoo AINov 1 23:57 ET · Conference Call

Minsheng Securities: In the third quarter of 2024, the performance growth rate of the six major state-owned industries has marginally improved, and the asset quality remains stable.

In the third quarter of 2024, the six major banks' overall operations are stable, with the asset scale steadily expanding, and the asset quality maintained at a reasonable level.

Zhitong FinanceNov 1 03:20 ET

Major Rating | Bank of America: China Construction Bank Corporation's net profit growth turned positive in the first nine months, maintaining a "buy" rating.

Bank of America Securities released a report stating that China Construction Bank Corporation's net profit turned positive in the first nine months, increasing by 0.1% year-on-year to 255.8 billion yuan, in line with the recovery of other state-owned banks in the industry. The bank maintains its unchanged profit forecast for China Construction Bank Corporation due to its strong balance sheet, attractive dividend yield, and cheap valuation, maintaining a 'buy' rating, with an H share target price of 7.08 Hong Kong dollars.

Gelonghui FinanceOct 30 23:11 ET

Rules for the normalization of existing house loan interest rates have arrived! Understand it in one article.

①Preliminary statistics show that as of October 28, 21 nationwide banks have completed batch adjustments, totaling 53.667 million transactions, reducing the outstanding housing loan interest rates by 25.2 trillion yuan. ②After this round of batch adjustments, the interest rates for existing housing loans have been reduced to 3.3%. If the gap between existing and new housing loan rates is greater than 30 basis points, it will drive a new round of reductions in existing housing loan rates.

cls.cnOct 30 22:45 ET

The interest spread continues to narrow, with china construction bank corporation's revenue declining by 3.3% in the first three quarters! The earnings conference reveals: the scale of early repayment has decreased, and the long-term trend still needs fur

In the first three quarters of this year, China Construction Bank Corporation achieved revenue of 569.022 billion yuan, a decrease of 3.30% compared to the same period last year; the net income attributable to owners was 255.776 billion yuan, a slight increase of 0.13% year-on-year. In the first three quarters, China Construction Bank Corporation's interest and fee income declined significantly, affected by factors such as exchange rates and capital market fluctuations, while other non-interest income increased significantly year-on-year.

cls.cnOct 30 19:44 ET