UBS: China CITIC Bank (00998.HK) Q3 profit growth outperforms peers, driven by strong investment income and cost control.

Zhitong Finance APP has learned that UBS released a research report stating that China CITIC Bank (00998.HK) posted third-quarter profit growth better than its peers, driven by strong investment gains and cost control, and maintained its "Buy" rating and target price of HK$10.4.