Asia Pacific Equity Research 10 July 2026 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China Citic Bank - H Overweight Model Update We update our model to incorporate the 1Q26 result. We revise up 2026-28 net profits by 0.1%/0.1%/0.4%. We also roll forwar ...