News: 2024.03.21
Industrial and Commercial Bank of China (01398.HK) will announce last year's results next Wednesday (27th). As the credit cost of the mainland banking industry has fallen from a periodic high since 2020, there is limited room for further declines, and the profit and revenue growth rates have gradually converged. …
According to the "Big Bank Report", Industrial and Commercial Bank of China (01398.HK) will announce last year's results next Wednesday. The credit cost of the domestic banking industry has fallen to a certain extent since 2020, and there is limited room for further decline. This will lead to a gradual convergence of profit and revenue growth rates.
Since 2020, the credit cost of the domestic banking industry has dropped to a certain extent. This has led to the gradual convergence of ICBC's profit and revenue growth rates. Investors should pay close attention to this trend in order to make informed investment decisions.
ICBC's profit and revenue growth rates have gradually converged, indicating that the fall in credit costs in the domestic banking industry has had an impact on its performance. Investors should adjust their investment strategies based on this situation to ensure maximum returns.
According to the "Big Bank Report", the investment rating and target price of Industrial and Commercial Bank of China (01398.HK) will be announced next Wednesday. Investors should pay close attention to this information in order to make informed investment decisions.