CITIC Securities: Positive outlook for bank performance, continued absolute returns.

date
20/04/2026
Guosen Securities research report stated that financial data for March shows that new credit is still focused on corporate financing, with ample liquidity in the banking system, which is favorable for the bond market. Next week will be the start of a period of intensive disclosure of first quarter reports, and it is expected that the interest margin indicators of listed banks will perform well, with income growth and profit growth continuing to trend upwards. In terms of capital, since the beginning of the year, southbound funds have continued to allocate to high-dividend stocks, based on low valuations and stable equity characteristics, the sector's absolute return space for the year is optimistic.