Bank of China (3988 HK) FY 2025 (CNY): Net Income 243.02bln (exp. 240.11bln), NII 440.7bln (exp. 436.3bln)
Bank of China reported net income exceeding expectations for FY 2025, which suggests solid performance that could bolster investor confidence.
[MARKET UPDATE] Crude pullsback while equity futures lift to incremental high, fresh newsflow somewhat light
Agricultural Bank of China (1288 HK) FY 2025 (CNY): Net Income 291bln (exp. 291.2bln), NII 569.6bln (exp. 574.4bln)
Bank of China (3988 HK) FY 2025 (CNY): Net Income 243.02bln (exp. 240.11bln), NII 440.7bln (exp. 436.3bln)
UK Net Lending to Individuals MoM (Feb) M/M 6.800B vs. Exp. 5.6B (Prev. 5.9B)
UK M4 Money Supply MoM (Feb) M/M 0.6% vs. Exp. 0.1% (Prev. -0.1%)
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The better-than-anticipated net interest income also indicates strong revenue growth, reinforcing a positive outlook for the Asian banking sector amidst ongoing economic recovery efforts.
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