News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>UBS Expects CN Banks' 1Q Results to Be Positive Catalyst; Top Picks H-shrs of ICBC/ CCB/ BOC/ CITIC BANK
Chinese banks will begin announcing their 1Q26 results next Monday (20th), UBS published a research report saying. The results are expected to serve as a positive catalyst, particu...
Reset
Send
The window will close in 5 seconds
<Research>UBS Expects CN Banks' 1Q Results to Be Positive Catalyst; Top Picks H-shrs of ICBC/ CCB/ BOC/ CITIC BANK
Close
Recommend
49
Positive
70
Negative
46
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Selected Gold ETF share!

Chinese banks will begin announcing their 1Q26 results next Monday (20th), UBS published a research report saying. The results are expected to serve as a positive catalyst, particularly for the big four state-owned banks, benefiting from further revenue improvement, while joint-stock banks may see divergence.

Furthermore, details of capital replenishment and injection plans for ABC (01288.HK)  -0.050 (-0.855%)    Short selling $131.37M; Ratio 41.323%   and ICBC (01398.HK)  -0.110 (-1.618%)    Short selling $397.20M; Ratio 32.535%   are yet to be announced, with pricing per share and fundraising size being critical.

Investor focus may center on several areas, including net interest margin (NIM) trends, fee income growth, strength of bond trading income and new non-performing loan formation.

Benefiting from lower deposit costs and a low base in 4Q25, BANKCOMM (03328.HK)  -0.120 (-1.598%)    Short selling $56.94M; Ratio 16.673%   , CCB (00939.HK)  -0.130 (-1.501%)    Short selling $502.63M; Ratio 28.795%   , PING AN BANK (000001.SZ)  -0.100 (-0.903%)   and MINSHENG BANK (01988.HK)  -0.030 (-0.865%)    Short selling $7.60M; Ratio 7.413%   are likely to record QoQ NIM expansion.

Continued fundamental improvement in Chinese banks provided support, UBS added. During the late-April results announcement season, BOC, BANKCOMM, PING AN BANK and CITIC BANK (00998.HK)  -0.100 (-1.348%)    Short selling $51.06M; Ratio 16.024%   are expected to outperform peers, while INDUSTRIAL BANK (601166.SH)  -0.150 (-0.806%)   and MINSHENG BANK may lag.

Looking ahead, amid geopolitical uncertainties, weak real estate conditions, RMB appreciation and export risks, the broker remained positive on defensive banks.

Dividend yields of H-share banks remained above 5%, and improving fundamentals are expected to continue supporting share prices. Its top picks over the next 12 months are the H-shares of CITIC BANK, BOC, CCB and ICBC.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 16:25.) (A Shares quote is delayed for at least 15 mins.)

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.