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601998 China CITIC Bank Corporation
Watchlist- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
About China CITIC Bank Corporation Company
The company was founded in 1987. It is one of the earliest emerging commercial banks established in China's reform and opening up. It is the first commercial bank in China to participate in domestic and foreign financial market financing, and is famous at home and abroad for repeatedly setting many firsts in the history of modern Chinese finance, and has made positive contributions to China's economic construction. In April 2007, the Bank achieved simultaneous listing of A+H shares on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The company provides enterprise customers and institutional customers with comprehensive financial solutions such as corporate banking, international business, financial market business, institutional business, investment banking, transaction banking, and escrow business, etc., and provides individual customers with diversified financial products and services such as retail banking, credit cards, consumer finance, wealth management, private banking, overseas finance, and electronic banking to meet the comprehensive financial service needs of enterprises, institutions and individual customers. Corporate honors: In December 2019, the Bank was awarded “Top 10 New Media Influence in China Banking Industry”; “Asian Banker”, “2019 China Private Bank Value-added Service Award”, “2019 China's Most Developmental Private Bank Award”; “Huaxia Times”, “2019 Brand Building Bank”; “2019 Most Valuable Investment Company”, “2019 Best Wealth Management Bank”; “2019 Best Wealth Management Bank” by “China Business Daily”, etc. By the end of the reporting period, the Bank had set up 1,432 business outlets in 153 large and medium-sized cities in China, including 37 first-level (direct) branch sales departments, 125 second-level branch sales departments, 1,270 branches (including 31 community/small and micro branches), 1,535 self-service banks (including in-line and off-line), 4,405 self-service devices, and 9,135 smart counters (including 2,876 vertical smart counters), formed by integrated outlets, boutique outlets, communities/micro networks A diversified network business format composed of self-service outlets.
Revenue Breakdown
News
Organization Department of the Central Committee: Xi Guohua serves as Party Secretary of China CITIC Group Co., Ltd.
There were many public comments in November
CITIC Construction Investment's 24-year outlook for the banking industry: three-bottom resonance promotes sector valuation restoration
CITIC Construction Investment released a research report saying that for a complete round of banking sector market conditions, it is necessary to experience the three key points of policy bottom, economic bottom, and performance bottom in sequence. The sector's performance characteristics will change markedly before and after the three major points.
Financial Watchdog Fines China CITIC Bank Over $31m
Comments
ColumnsAnalysts Raise PDD Target Price Following Strong Earnings Performance
According to the earnings report, $PDD Holdings(PDD.US$'s Q2 revenue was RMB 52.281 billion, a YoY increase of 66%, while operating profit was RMB 12.719 billion, a YoY increase of 46%. Adjusted net income was RMB 15.269 billion, a YoY increase of 42%. These figures exceeded...

DBS: <News Alert> China banking sector: Jun total social financing grew 9%, new increment above expectation
DBS: China banking sector: Jun total social financing grew 9%, new increment above expectation - Alpha Edge Investing
$Ping An Bank(000001.SZ$$CCB(00939.HK$$CITIC BANK(00998.HK$$ABC(01288.HK$$ICBC(01398.HK$$PSBC(01658.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$BANK OF CHINA(03988.HK$$China Merchants Bank(600036.SH$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$Industrial And Commercial Bank Of China(601398.SH$$Postal Savings Bank Of China(601658.SH$$China Everbright Bank(601818.SH$$China Construction Bank Corporation(601939.SH$$Bank Of China(601988.SH$$China CITIC Bank Corporation(601998.SH$$CEB BANK(06818.HK$
If CITIC really buys Tencent, will it be good for Tencent?




$Tencent(TCEHY.US$$TENCENT(00700.HK$$NASPERS LTD ADR(NPSNY.US$$Prosus N.V. Sponsored ADR(PROSY.US$$CITIC SEC(06030.HK$$CITIC BANK(00998.HK$$Hang Seng TECH Index(800700.HK$$China Concept Stocks(BK2517.US$


DBS: China Banks
$Ping An Bank(000001.SZ$$CCB(00939.HK$$CITIC BANK(00998.HK$$ABC(01288.HK$$ICBC(01398.HK$$PSBC(01658.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$BANK OF CHINA(03988.HK$$China Merchants Bank(600036.SH$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$Postal Savings Bank Of China(601658.SH$$China Everbright Bank(601818.SH$$Bank Of China(601988.SH$$China CITIC Bank Corporation(601998.SH$$CEB BANK(06818.HK$
DBS: China Banks
$Ping An Bank(000001.SZ$$CCB(00939.HK$$CITIC BANK(00998.HK$$ABC(01288.HK$$ICBC(01398.HK$$PSBC(01658.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$BANK OF CHINA(03988.HK$$China Merchants Bank(600036.SH$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$Postal Savings Bank Of China(601658.SH$$China Everbright Bank(601818.SH$$Bank Of China(601988.SH$$China CITIC Bank Corporation(601998.SH$$CEB BANK(06818.HK$
Investors will have a good opportunity to distribute Hong Kong stocks at a low level in early August
In addition, Kuaishou $KUAISHOU-W(01024.HK$ ...
CIMB: China Banks (Neutral)
$ICBC(01398.HK$$CCB(00939.HK$$BANK OF CHINA(03988.HK$$ABC(01288.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$CITIC BANK(00998.HK$$MINSHENG BANK(01988.HK$$CQRC BANK(03618.HK$$Industrial And Commercial Bank Of China(601398.SH$$China Construction Bank Corporation(601939.SH$$Bank Of China(601988.SH$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$China Merchants Bank(600036.SH$$China CITIC Bank Corporation(601998.SH$$China Minsheng Banking Corp.,Ltd.(600016.SH$$Ping An Bank(000001.SZ$$Chongqing Rural Commercial Bank(601077.SH$
DBS: China Banking Sector – A big concern, or over-panic on China banks?
$ABC(01288.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$CITIC BANK(00998.HK$$CEB BANK(06818.HK$$MINSHENG BANK(01988.HK$$CQRC BANK(03618.HK$$PSBC(01658.HK$$ICBC(01398.HK$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$China Merchants Bank(600036.SH$$China CITIC Bank Corporation(601998.SH$$China Everbright Bank(601818.SH$$China Minsheng Banking Corp.,Ltd.(600016.SH$$Chongqing Rural Commercial Bank(601077.SH$$Postal Savings Bank Of China(601658.SH$$Bank of Shanghai(601229.SH$$Ping An Bank(000001.SZ$$Industrial And Commercial Bank Of China(601398.SH$
China banks’ TSF increased 10.8% with loosening monetary policy, credit environment improved at an accelerated pace. Top picks by DBS: Postal Savings Bank of China and China Merchant Bank.
$Ping An Bank(000001.SZ$$CITIC BANK(00998.HK$$ABC(01288.HK$$ICBC(01398.HK$$PSBC(01658.HK$$BANKCOMM(03328.HK$$CM BANK(03968.HK$$BANK OF CHINA(03988.HK$$China Merchants Bank(600036.SH$$Agricultural Bank Of China(601288.SH$$Bank Of Communications(601328.SH$$Postal Savings Bank Of China(601658.SH$$China Everbright Bank(601818.SH$$Bank Of China(601988.SH$$China CITIC Bank Corporation(601998.SH$$CEB BANK(06818.HK$
DBS: China Banks
https://alphaedgeinvesting.com/2022/06/13/dbs-china-banks-3/
$CEB BANK(06818.HK$ $China CITIC Bank Corporation(601998.SH$ $Bank Of China(601988.SH$ $China Everbright Bank(601818.SH$ $Postal Savings Bank Of China(601658.SH$ $Bank Of Communications(601328.SH$ $Agricultural Bank Of China(601288.SH$ $China Merchants Bank(600036.SH$ $BANK OF CHINA(03988.HK$ $CM BANK(03968.HK$ ...
CIMB: China CITIC Bank-A – ADD TP Rmb5.00 (Previous Rmb6.40)/ China CITIC Bank –
CIMB: China CITIC Bank-A – ADD TP Rmb5.00 (Previous Rmb6.40)/ China CITIC Bank – ADD TP HK$4.90 (Previous HK$6.30)
Citic Bank (0998.HK) poised for more upside
Longer term targets looking at 5.41, 5.90 and 6.79.
$CITIC BANK(00998.HK$
