CITIC Securities research report states that the performance briefings of 11 disclosed banks show that the banking industry’s operational quality and efficiency remain stable. Looking ahead to 2026, it is expected that the first quarter will see a strong start in credit growth and a favorable banking operating landscape, with stable net interest margins and asset quality expectations. Revenue and profit growth are expected to recover, solidifying the value of core equity assets. The peak of capital outflows has passed, and considering market risk appetite changes, sector allocation offers a high cost-performance ratio. (People’s Financial News)
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CITIC Securities: The banking sector offers a high cost-performance ratio for allocation
CITIC Securities research report states that the performance briefings of 11 disclosed banks show that the banking industry’s operational quality and efficiency remain stable. Looking ahead to 2026, it is expected that the first quarter will see a strong start in credit growth and a favorable banking operating landscape, with stable net interest margins and asset quality expectations. Revenue and profit growth are expected to recover, solidifying the value of core equity assets. The peak of capital outflows has passed, and considering market risk appetite changes, sector allocation offers a high cost-performance ratio. (People’s Financial News)