CITIC Securities says China’s listed banks have started earnings season with stable operating profiles—NIM and asset quality steady and profit growth modestly recovering. More banks report this week and results are expected broadly in line with consensus. The firm notes the sector delivered both absolute and relative gains last week, outperforming most industries, and expects core Q3 variables (NIM, asset quality) to remain stable, supporting a continued earnings-recovery trend and likely persis

CITIC Securities says China’s listed banks have started earnings season with stable operating profiles—NIM and asset quality steady and profit growth modestly recovering. More banks report this week and results are expected broadly in line with consensus. The firm notes the sector delivered both absolute and relative gains last week, outperforming most industries, and expects core Q3 variables (NIM, asset quality) to remain stable, supporting a continued earnings-recovery trend and likely persistence of full-year absolute returns.