SDIC Securities released a research report saying that the performance growth rate of listed banks is expected to pick up slightly in 2026. The central bank downplays its focus on quantitative targets. The slowdown in credit growth will continue, and the growth trend of financial investment is better than credit. Against the backdrop of weakening total volume, the structure will be more important, and regions that can continue to increase leverage and banks that can steadily increase their credit share will benefit more. Currently, the banking industry is operating steadily, and fundamentals are expected to improve moderately. Compared with the world, domestic bank valuations are still low, and there are few superposition institutional holdings. The bank judges that the bank's valuation center is far from over. It is expected that Hong Kong stock bank valuations will continue to converge towards the A-share banking sector.

SDIC Securities released a research report saying that the performance growth rate of listed banks is expected to pick up slightly in 2026. The central bank downplays its focus on quantitative targets. The slowdown in credit growth will continue, and the growth trend of financial investment is better than credit. Against the backdrop of weakening total volume, the structure will be more important, and regions that can continue to increase leverage and banks that can steadily increase their credit share will benefit more. Currently, the banking industry is operating steadily, and fundamentals are expected to improve moderately. Compared with the world, domestic bank valuations are still low, and there are few superposition institutional holdings. The bank judges that the bank's valuation center is far from over. It is expected that Hong Kong stock bank valuations will continue to converge towards the A-share banking sector.