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<Research>JPM Predicts CN Bank 3Q25 Rev. & NP Growth Faster Than 1H25 but Shy of 2Q25
JPMorgan has released a report on Chinese banks predicting their 3Q25 revenue and net profit growth to be faster than 1H25 but slightly below 2Q25. Among them, state-owned banks ar...
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<Research>JPM Predicts CN Bank 3Q25 Rev. & NP Growth Faster Than 1H25 but Shy of 2Q25
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JPMorgan has released a report on Chinese banks predicting their 3Q25 revenue and net profit growth to be faster than 1H25 but slightly below 2Q25. Among them, state-owned banks are expected to record stable net profit growth, while the growth trend for joint-stock banks will be divergent.

In the broker's estimate, ABC (01288.HK)  +0.070 (+1.155%)    Short selling $230.19M; Ratio 24.969%   will lead in earnings growth among state-owned banks, while PSBC (01658.HK)  +0.060 (+1.064%)    Short selling $33.94M; Ratio 36.183%   will have the highest earnings growth among joint-stock banks, benefiting from YoY growth in net interest income. Following behind will be CITIC BANK (00998.HK)  -0.050 (-0.660%)    Short selling $32.49M; Ratio 18.502%   and CM BANK (03968.HK)  +0.060 (+0.121%)    Short selling $344.71M; Ratio 44.493%   .

Related NewsHaitong Int'l: Increase in Foreign Investment in Pharma/ Semis Sectors, Reduction in Financial Sector
MINSHENG BANK (01988.HK)  -0.060 (-1.415%)    Short selling $41.25M; Ratio 49.108%   and PING AN BANK (000001.) may log a decline in their earnings. MINSHENG BANK is forecasted to be dragged down by provisions, while PING AN BANK is anticipated to record negative growth in both revenue and net profit.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-28 16:25.)

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