Express News | The banking sector strengthened amid volatility, with Bank of China and ICBC both hitting record highs.

The banking sector showed volatile strength during trading hours, with Bank of China, ICBC, and Hangzhou Bank hitting intraday record highs. China Everbright Bank, Ping An Bank, Bank of Beijing, and Bank of Communications were among the top gainers. On the news front, data showed that 42 A-share listed banks reported combined operating revenue of approximately RMB 3.14 trillion in the first half of the year, a year-on-year increase of 7.42%; combined net profit attributable to parent company shareholders amounted to approximately RMB 1.13 trillion, up 2.96% year-on-year. Among them, 32 banks achieved growth in both operating revenue and net profit attributable to parent company shareholders, accounting for 76.19%.

Latest10:29

BOC Hong Kong (Holdings) Stock Climbs 1.3% in Hong Kong

This article was automatically generated by Dow Jones using technology from Automated Insights. Shares of BOC Hong Kong (Holdings) Ltd. rose 1.3% to 51.15 Hong Kong dollars on what proved to be an

Dow JonesOct 6 16:32

[Major Banks] UBS: Mainland introduces moderate incremental policy support before the October Golden Week holiday

UBS Group released a report stating that China's policy easing has entered its third phase this year, but further measures are still needed to stabilize the economy. The fact that some of these

AASTOCKSSep 30 14:40

Express News | Bank of Communications: Advancing interest subsidy work for commercial personal housing loans in compliance with laws and regulations

Bank of Communications announced that it has actively responded to and strictly implemented the spirit and relevant requirements of the "Notice on Implementing the Interest Subsidy Policy for Residential Mortgage Loans" (Cai Jin [2026] No. 95), advancing the interest subsidy work for commercial personal housing loans in accordance with laws and regulations. The bank will optimize processing workflows and simplify procedures, providing an "automatic entitlement without application" interest subsidy service for loans that meet the requirements specified in the aforementioned notice.

LatestSep 30 12:39

The People's Bank of China has refined several monetary policy tools, cutting the interest rate on Pledged Supplementary Lending by 0.25 percentage points and increasing the quota for re-lending facilities supporting technological innovation and equipment upgrades to RMB 1.4 trillion.

In the evening, the People's Bank of China announced that, in order to effectively implement a moderately accommodative monetary policy, it has decided to further adjust and refine several monetary

AASTOCKSSep 29 18:05

BANKCOMM: 2026 INTERIM REPORT

HKEXSep 29 16:30