CHINA CITIC BANK Aktie

 

Fitch Ratings has upgraded CITIC Bank's long-term foreign currency issuer default rating from 'BBB+' to 'A-', with a stable outlook. Fitch also upgraded the bank's government support rating from 'bbb+' to 'a-' and affirmed its short-term issuer default rating at 'F1'.Fitch stated that the upgrade of the long-term issuer default ......

CITIC BANK (00998.HK) Chairman Fang Heying stated at the earnings conference that the bank's net profit grew by nearly 3% last year, ranking among the top in growth among large and medium-sized banks.He mentioned that the combination of stabilizing income and reducing costs has opened up profit growth space. Starting from st......

CITIC BANK (00998.HK) announced a shareholder net profit of RMB70.6 billion for FY2025, representing a YoY growth of 3%, largely in line with the preliminary forecast released in mid-January, UBS released a research report saying. This implies a YoY net profit incline of 2.85% for 4Q25. Revenue decreased by 0.3% YoY to RMB212.6 ......

As the intrinsic growth momentum of market entities gradually recovers, the operating environment for Chinese banks is improving, BOCOM International said in its research report. Joint-stock banks, represented by CM BANK (03968.HK) and CITIC BANK (00998.HK), are expected to maintain stable operating performance in 2025.The repor......

China Citic Bank Corp. Ltd. (601998.SH) is considering Zhao Yuanxin, general manager of its credit execution department, for a promotion, according to people familiar with the matter. ... Read more...

The Federal Reserve will continue to lower interest rates to a neutral level, China CITIC Bank International (CNCBI)'s Chief Economist Ding Meng believed. He noted that the current interest rate of 3.5-3.75% still has room for cuts to reach the neutral rate, predicting two more rate cuts this year. The dot plot indicated tha......

An executive at China Citic Bank Corp. Ltd. has turned himself in to authorities for investigation into suspected corruption, highlighting the country's continued anti-corruption push in the financial sector. ... Read more...

According to a report from UBS, following the RMB500 billion capital injection into the four major Chinese banks in March 2025, Bloomberg reported that: 1) China is considering issuing around RMB500 billion worth of special government bonds to supplement the capital of ICBC (01398.HK), ABC (01288.HK), and several large insurers;......

An executive at China Citic Bank Corp. Ltd. has become unreachable just weeks after being appointed to head the lender's Shanghai audit center, Caixin has learned. ... Read more...

CITIC BANK (00998.HK) achieved a 3% YoY increase in net profit for the whole 2025, in line with JPMorgan's forecast, but 2% higher than market consensus, JPMorgan released a research report saying. In 4Q25, net profit grew by 3%, but operating profit beat estimation with a 9% YoY incline, surpassing both the 4Q25 predictions......

CITIC BANK (00998.HK) announced its preliminary 2025 results after yesterday's (14th) market close, according to a Morgan Stanley research report.The bank demonstrated a stable trend in 4Q25. Its revenue increased by 8.6% YoY, a marked improvement compared to the 4.4% YoY drop in 3Q25, in line with Morgan Stanley's expec......

After slipping by 118 points to a bottom of 26,881 in today's (15th) early trading, the HSI managed to stage a comeback. It last stood at 27,074, up 74 points or nearly 0.3%, with a turnover of HKD51.043 billion.CITIC BANK (00998.HK) opened 0.1% lower this morning. It last traded at HKD7.2, up 1.69%, with a volume of 3.0218 ......

CITIC BANK (00998.HK) has released its unaudited preliminary results for the year 2025.According to Chinese Accounting Standards, preliminary calculations show that CITIC BANK's net profit grew by 2.98% YoY to RMB70.618 billion in 2025, total operating income for the entire year fell by 0.55% YoY to RMB212.475 billion, and o......

CCBI released a report in early December, outlining its top ten focus stocks for 2026:CCBI's Top Ten Focus Stocks for 2026BABA-W (09988.HK)TENCENT (00700.HK)SMIC (00981.HK)SANHUA (02050.HK)COMEC (00317.HK)INNOVENT BIO (01801.HK)CTG DUTY-FREE (01880.HK)YUM CHINA (09987.HK)LEAPMOTOR (09863.HK)CITIC BANK (00998.HK)-------------......

CITIC BANK (00998.HK) announced that the Board of Directors had recently received the resignation of Executive Director and President Lu Wei, who resigned from his position due to work adjustment, effective immediately.The bank stated that Lu has served at the bank for 26 years, during which he contributed to the bank's fina......

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Lu Wei, President of CITIC BANK (00998.HK), was reassigned as a member of the leading party members’ group and deputy general manager of China Post Group, and is expected to be appointed as the president of PSBC (01658.HK), according to Chinese media. It is understood that Liu Jianjun, the current member of the Leading Par......

Der Fall sorgt in China für Aufsehen: Der Geschäftsführer eines staatlichen Vermögensverwalters soll mehr als 1,1 Milliarden Yuan an Schmiergeld angenommen haben. Die Justiz reagiert, wie gewohnt, drakonisch....

Two more leading joint-stock commercial banks have secured official approval to open financial asset investment companies (AICs), expanding the roster of lenders authorized to conduct debt-for-equity swaps and direct equity investments to nine. China CITIC Bank Corp. Ltd. said it has received a green light Friday from the National Financial Regulatory Administration to set up CITIC Financial Asset Investment Co. Ltd. The new entity will have a registered capital of 10 billion yuan ($1.4 billion) and be based in Guangzhou. China Merchants Bank Co. Ltd. (CMB) also secured regulatory approval to establish its own investment arm in Shenzhen. The new subsidiary, CMB Financial Asset Investment Co. Ltd., is registered with 15 billion yuan in capital — the most highly capitalized AIC at its inception. The expansion of AICs, which are bank-affiliated investment firms, reflects a push by policymakers to channel more capital into strategic sectors like technology and advanced manufacturing. Originally created to h...

China CITIC Bank International announced that it revises down the HKD Prime Rate by 12.5 bps from 5.375% to 5.250%, effective November 4 (today). ~ AASTOCKS Financial NewsWebsite: www.aastocks.com...