中国银行业_2025 年三季度预览_大型国有银行同比增长势头可能延续-China Banks_ Q325 preview_ Positive YoY growth momentum for large SOE banks likely to continue
2025-10-23 21:28What do investors care about most in this earnings season? MSCI China Banks/MSCI China Banks-A have gained 21.3%/12.4% YTD (as of 17 Oct) but notably underperformed the MSCI China (+32.7%). In particular, since July, the strong performance of growth stocks and slow recovery of bank fundamentals led to some outflow from bank stocks. That said, in the recent two weeks, the increased uncertainty around tariffs and other non-trade issues between China and the US have prompted a rally in China bank stocks, i.e., ...