J.P. Morgan Sticks to Its Buy Rating for Agricultural Bank of China (ACGBF)

TipRanksApr 19 08:06 ET · Ratings

The CSI Consumer 360 index is rebounding after hitting the bottom, banks stocks are performing strongly against the trend, and under the continuous shrinking environment, defense may become the main melody for short-term trading.

Track the entire lifecycle of the main Sector.

cls.cnApr 16 21:22 ET

Several listed Banks responded to the impact of the tariff war: it may affect loan demand and interest margins, and risk control thresholds will shift forward.

① Fully recognize the pressure that USA tariff policies may bring on loan demand and net interest margins. ② If the tariff disputes escalate further, it is believed that corresponding industrial or financial policies will be implemented to provide support.

cls.cnApr 16 07:58 ET

Agricultural Bank Of China (01288.HK) will hold a Board of Directors meeting on April 29 to approve the first quarter performance.

Gelonghui April 15丨Agricultural Bank Of China (01288.HK) announced that the Board of Directors will hold a meeting on April 29, 2025, to consider and approve (including) the bank's first quarter performance as of March 31, 2025.

Gelonghui FinanceApr 15 07:09 ET

ABC: DATE OF BOARD MEETING

HKEXApr 15 07:07 ET · Announcements

How significant is the foreign trade related Business of major national Banks? The annual report of China Construction Bank mentions this, and the industry says the impact still needs to be observed.

① After the "reciprocal tariff" turmoil, do major Banks have any new countermeasures? Will it affect the Crediting volume in the second quarter? The interviewed Banks all stated that "it is inconvenient to respond". ② Cross-border trade Business and international settlement should be one of the focus areas for medium and large Banks, especially listed Banks, in recent years. The impact of this tariff turmoil still needs to be observed, making it difficult to reach a conclusion.

cls.cnApr 15 07:03 ET

Since April, nearly 30 Banks have intensively lowered their fixed deposit interest rates, mainly for medium to long-term periods, with the end of the "New Year good start" being the main reason.

① Statistics by the financial media found that since April, 30 Banks in the country have lowered the interest rates on fixed deposit products, mostly for medium to long-term durations; ② The reasoning for raising interest rates around New Year's Day and lowering them in April is basically the same, "both are to serve the needs of 'good start'"; ③ After the 'good start' ends, the continued reduction of interest rates by Banks throughout the year is a major trend.

cls.cnApr 15 04:18 ET

[Brokerage Focus] Jianyin International: The performance of China's banking industry in the first quarter is stable, and the dividend yield is attractive.

Goldwin Financial News | Jianyin International released a Research Report indicating that despite facing a complex operating environment, the Chinese banking industry still shows strong resilience in the first quarter of 2025. The report predicts that the net income of major banks will grow by approximately 1% year-on-year, reaching 454 billion yuan. Among them, the net income growth rates for Bank Of Communications and China CITIC Bank Corporation are expected to be 4% and 3%, respectively. Industrial And Commercial Bank Of China has become the preferred stock during this uncertain period due to its robust balance sheet and defensive fundamentals. The report analyzes that the Chinese banking industry has developed stronger risk resistance capabilities through earlier structural reforms, and the MSCI China Banking Index has increased by 2% this year.

Jingwu Financial NewsApr 15 02:10 ET

Trending Stocks Today: BYD COMPANY Inches up 6.1%

Moomoo NewsApr 11 02:55 ET

Hong Kong stocks are moving unusually | China Mainland Banking stocks generally rose, highlighting the dividend attributes of Banks. UBS Group expects that the Net income of China Mainland Banks in the first quarter will maintain positive growth.

China Mainland Banking stocks generally rose. As of the time of writing, MINSHENG BANK (01988) increased by 5.01%, reported at 3.56 HKD; China Construction Bank Corporation (00939) rose by 4.19%, reported at 6.47 HKD; China CITIC Bank Corporation (00998) increased by 4.04%, reported at 5.93 HKD.

Zhitong FinanceApr 11 01:58 ET

The total amount of shareholding repurchase loan credit has exceeded 300 billion yuan! This helps boost market confidence.

In order to maintain stability in the Capital Markets, Banks are actively taking action.

Zhitong FinanceApr 10 04:49 ET

New trends in Real Estate Crediting: Postal Savings Bank, Everbright Bank and others strengthen their support for businesses, while Banks show divided attitudes toward personal housing loans.

① Multiple Banks are increasing their lending in the real estate sector. ② In terms of personal housing mortgages, Banks have differing attitudes: some Banks state they will increase mortgage lending, while others indicate a "cautious approach."

cls.cnApr 10 03:30 ET

Trending Stocks Today: XIAOMI-W Climbs 4.17%

Moomoo NewsApr 10 02:10 ET

Express News | WuXi AppTec Says It Received Agricultural Bank of China's Commitment Letter for up to 900 Mln Yuan Loans to Support a-Share Buyback

ReutersApr 9 08:59 ET

Analysts Offer Insights on Financial Companies: UBS Group AG (UBS) and Agricultural Bank of China (OtherACGBF)

TipRanksApr 8 03:40 ET · Ratings

China Merchants: The banking industry’s 2024 annual report shows resilience. It is recommended to adhere to long-termism and balanced allocation.

In the three segments of state-owned banks, joint-stock banks, and regional banks, selecting banks with valuations in the top 20% based on free cash flow will also achieve a balanced allocation of dividends, recovery, and growth.

Zhitong FinanceApr 7 23:24 ET

Brokerage morning meeting highlights: Countermeasures against tariffs boost Shenzhen Agricultural Products Group prices, the planting chain directly benefits.

At today's Brokerage morning meeting, CITIC SEC believes that countermeasures against tariffs boost the prices of Shenzhen Agricultural Products Group, which directly benefits the planting chain; HAITONG SEC proposed a bullish view on the relative yields of the Banks Sector in April; Galaxy Securities stated that it focuses on Gold and countermeasures against rare earths.

cls.cnApr 7 20:33 ET

Zhongtai: "Under the background of 'reciprocal tariffs', the dividend attributes of bank stocks are highlighted."

Under the background of "reciprocal tariffs", the dividend attributes of bank stocks are prominent, suggesting active attention to the investment value of bank stocks, focusing on major banks, China Merchants Bank, and high-quality urban and rural commercial banks.

Zhitong FinanceApr 6 08:27 ET

BOC International: Maintains the Agricultural Bank Of China "Buy" rating, with the Target Price raised to 6.1 Hong Kong dollars.

Bank of China International released a Research Report stating that the Agricultural Bank Of China (01288) is expected to achieve an average ROI of 10.3% this year, with the Target Price raised from HKD 5.64 to HKD 6.1, equivalent to a forecasted price-to-book ratio of 0.7 times this year. A 'Buy' rating is maintained. The Agricultural Bank's net profit in the fourth quarter of last year increased by 9.2% year-on-year, with a full-year growth of 4.7%, compared to a growth of 3.4% in the first three quarters of last year. The bank noted that the Agricultural Bank's performance last year exceeded that of the large bank Sector. Full-year net interest income grew by 1.6%, better than the 1% year-on-year growth in the first three quarters, primarily benefiting from stable growth in interest-generating Assets and a stable net interest margin. The bank also pointed out that last year the Agricultural Bank...

Sina Hong Kong StocksApr 2 04:39 ET

Research Reports Mining丨Galaxy Securities: The net interest income and the improvement of the marginal income of the Agricultural Bank Of China, with an initial "Recommended" rating.

According to the Research Reports from Galaxy Securities, the Agricultural Bank Of China (601288.SH) is projected to have a revenue of 710.555 billion yuan in 2024 (+2.3%), and a net income of 282.083 billion yuan (+4.7%), with growth rates surpassing those of the first three quarters; ROE at 10.46% (year-on-year -0.45 percentage points). In Q4, revenue and net income are expected to grow by 5.5% and 9.21% year-on-year, respectively. The company's performance is mainly benefited by improvements in net interest income and marginal income, while the pressure of provisioning has eased to support profits. The company positions itself as a "leading bank serving Rural Revitalization" and "a key bank serving the real economy", fully.

Gelonghui FinanceApr 1 02:41 ET