China's CITC bank (998 HK) - FY25 (CNY): Net Revenue 70.6bln (exp. 69.4bln), Revenue 212.5bln (exp. 210.8bln)

CITIC Bank's FY25 net revenue beat expectations, indicating stronger-than-anticipated performance in their core banking operations.

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China's CITC bank (998 HK) - FY25 (CNY): Net Revenue 70.6bln (exp. 69.4bln), Revenue 212.5bln (exp. 210.8bln)

Senior Iranian Official says Tehran has warned regional nations that it will strike US bases in the region in the scenario that they are attacked by the US. Requested that regional leaders work to prevent an escalation.

US' Witkoff and Kushner intend to visit Moscow, Russia soon and meet with President Putin, Bloomberg reports citing sources. Meeting could occur in January.

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This positive surprise could bolster sentiment towards Chinese banks broadly, potentially lifting sector valuations and influencing trading in related equities as market participants reassess growth outlook in the region.

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