China banking sector

Reports on this topic

J.P. Morgan2026-10-31

J.P. Morgan: State banks’ third-quarter profits beat JPMorgan expectations; Postal Savings Bank of China lags

Stabilizing net interest margins and asset expansion supported interest income, while fee income generally declined and fair-value gains also contributed to non-interest income growth. Postal Savings Bank of China’s margin and asset-quality indicators came under pressure, while Industrial and Commercial Bank of China warned that revenue growth could face headwinds in 2027.

J.P. Morgan2026-10-29

J.P. Morgan: JPMorgan surveys China’s banking sector: Developers turn more to banks for financing as margins and retail demand remain under pressure

A survey of Shenzhen’s financial and property sectors suggests that the new 828 rules could increase the share of bank loans in developer financing and improve long-term risk management. Weak mortgage demand and diminishing benefits from deposit repricing, however, continue to constrain bank growth and margins.

Fengkou Yanbao2026-10-29

Bank stock recovery: Searching for laggards as three banks offer different investment cases and Bank of Suzhou’s third-quarter growth slows

Changjiang Securities sees valuation recovery opportunities in Chongqing Rural Commercial Bank, China Merchants Bank and Bank of Nanjing; Zhongtai Securities is watching revenue growth from Bank of Suzhou’s balance sheet expansion, while its net interest margin and profit growth remain under pressure.

J.P. Morgan2026-10-27

J.P. Morgan: Why does JPMorgan still favor large state-owned banks after Chinese bank shares rallied?

JPMorgan expects state-owned banks to outpace joint-stock banks in third-quarter revenue and profit growth and sees support from safe-haven flows. ICBC H-shares are its top pick, while rotation opportunities are also emerging in some joint-stock banks.