HSBC Upgrades Intel to Hold
Are Banks under pressure from interest margins looking to Overseas for profits? The 2025 annual plan reveals that Overseas Business may become a new highlight.
① The Industrial And Commercial Bank Of China stated that efforts should be made to explore a second growth curve for Overseas Operation; ② For companies going global, it means that both upstream and downstream industries are venturing overseas together, which means more Chinese enterprises are setting up factories and operating locally.
The AUM of private banking has grown against the trend; high-end clients are the future of Banks.
In 2024, amid narrowing interest margins and weak income in the banking industry, one Indicator continues to "skyrocket." Data from the corporate early warning system shows that China's private banks...
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UBS Group: Expects the banking industry's interest margins to continue to face pressure in 2025, with state-owned banks performing better in the short term.
The UBS Group research team expressed the view that the Banks will face challenges in 2025, such as further declines in interest rates and a decrease in ROE.