Sep 03, 2021 08:33 AM (GMT+8) · EqualOcean
Tianfeng Securities pointed out that in the second half of the year, with the weakening of the base effect, the overall profit growth of the industry is expected to return to the historical central value, and the profit growth of listed banks in the whole year will be about 10%. The profit growth of a few banks is expected to remain high under the demand of endogenous capital supplement, and even continue to break through upward. Under the long-term downward trend of interest rate, banks actively carry out credit sinking and force emerging markets, and actively look for a breakthrough in non interest business. The effect of strategic transformation is worth looking forward to. China Merchants Bank, Ping An Bank, Bank of Ningbo, Bank of Hangzhou, postal savings bank and Bank of Jiangsu are recommended.