PRE-MARKET CHINESE STOCKS NEWS: Earnings from ICBC, Bocom, China Construction Bank and PetroChina

Bank of Communications (3328 HK) - Co. FY (CNY) net 95.6bln (exp. 94.5bln), NII 173.1bln (exp. 172.3bln), NIM 1.20% (exp. 1.20%), CET1 ratio 11.4% (exp. 10.5%), CIR ratio 29.3% (exp. 33.1%). (Newswires)

BYD (1211 HK) - Co. FY25 (CNY) net fell 19% Y/Y to 32.6bln, rev. rose 3.5% Y/Y to 804.0bln. (Newswires)

China Coal Energy (1898 HK) - Co. FY (CNY) net 14.5bln (exp. 16.4bln), rev. 148.1bln (exp. 162.3bln), EBITDA 33.2bln (exp. 38.9bln). (Newswires)

China Construction Bank (939 HK) - Co. FY25 (CNY) net rose 1.0% Y/Y to 339bln. (Newswires)

China Merchants Bank (3968 HK) - Co. FY (CNY) net 150.2bln (prev. 148.4bln Y/Y), rev. 337.3bln (prev. 337.1bln Y/Y). (Newswires)

China Resources Land (1109 HK) - Co. said FY (CNY) net rose 0.9% Y/Y to 25.4bln, core net 22.5bln, rev. rose 0.9% Y/Y to 281.4bln. (Newswires)

China SCE Property (1966 HK) - Co. FY (CNY) net loss 7.45bln (prev. net loss 7.86bln Y/Y), rev. 37.1bln (prev. 40.8bln Y/Y). (Newswires)

Chinasoft International (354 HK) - Co. said it expects FY profit to rise significantly Y/Y. (Newswires)

CMGE Technology Group (302 HK) - Co. said FY net fell Y/Y. (Newswires)

CMOC Group (3993 HK) - Co. FY (CNY) net 20.3bln (exp. 20.3bln), rev. 206.7bln (exp. 215bln). (Newswires)

Country Garden (2007 HK) - Co. reported a CNY 2.4bln increase in defaulted debts in February. (Newswires)

CRRC Corporation (1766 HK) - Co. FY (CNY) net 13.2bln (exp. 14.8bln), rev. 273bln (exp. 275bln). (Newswires)

CR Mixc Lifestyle (1209 HK) - Co. said FY net rose Y/Y. (Newswires)

Goodbaby International Holdings (1086 HK) - Co. said FY net rose Y/Y. (Newswires)

Industrial and Commercial Bank of China (1398 HK) - Co. FY (CNY) net 368.6bln (prev. 365.9bln Y/Y), NII 635.1bln (exp. 636bln), NPL ratio 1.31% (prev. 1.34% Y/Y), NIM 1.28% (exp. 1.28%). (Newswires)

New China Life Insurance (601336 CN) - Co. FY (CNY) net 36.3bln (exp. 36.5bln), rev. 155.6bln (prev. 132.0bln Y/Y). (Newswires)

PetroChina (857 HK) - Co. FY (CNY) net fell 4.5% Y/Y to 157.3bln, rev. fell 2.5% Y/Y to 2.86tln. (Newswires)

Postal Savings Bank of China (1658 HK) - Co. FY (CNY) net 87.4bln (prev. 86.5bln Y/Y), NII 281.6bln (exp. 285.2bln), dividend cut 16.3% to 0.0953/shr. (Newswires)

Tianneng Power International (819 HK) - Co. FY (CNY) net 1.66bln (prev. 1.30bln Y/Y), rev. 53.8bln (prev. 76.7bln Y/Y). (Newswires)

Yankuang Energy Group (1171 HK) - Co. FY (CNY) net 8.53bln (exp. 9.91bln), rev. 133.3bln (exp. 122.7bln), dividend cut 41% to 0.32/shr and guided FY26 saleable coal production at 186-190Mt with capex of CNY 19.8bln. (Newswires)

Other News

China's Commerce Ministry launched a probe regarding US trade measures in which China is to investigate US trade practices starting March 27th, with the probe to conclude within six months but can be extended, while it will also probe the US for its practices and measures that hinder trade in green products. Furthermore, MOFCOM spokesperson said regarding US probes, that it will take relevant measures based on the probe's findings. (Newswires)

China summoned the US Consul General to Hong Kong after the consulate posted an alert regarding new rules that gave authorities the power to demand passwords for smartphones or other devices in national security investigations, while China urged the US to cease all interference in Hong Kong. (Newswires)