A-share ICBC and CCB both hit record highs

EarningsIndustry
โดย 红星资本局·Read original
Summary · why it matters

The A-share banking sector staged a strong rebound, with Industrial and Commercial Bank of China and China Construction Bank both hitting record highs. As of the midday close on July 30, ICBC and CCB had risen over 1 percent, while China Merchants Bank and Agricultural Bank of China led in trading volume, at 1.926 billion yuan and 1.37 billion yuan respectively. In terms of news, during the 2025 dividend season, 41 out of 42 A-share listed banks distributed a total of 645.637 billion yuan in cash dividends, an increase of about 13.5 billion yuan from 2024, marking a record high for the third consecutive year. Qu Jun, an analyst at Orient Securities, believes that with the banking sector's interim report fundamentals expected to be stable, combined with high dividend defensive characteristics, the sector is expected to maintain a phase of valuation repair.

Impact on stocks 4

Others · 4 stocks
China Construction Bank Co
601939
▲ PositiveCapitalrelevance

Hit record high amid sector rebound; sector-wide dividend increase and analyst expectation of stable fundamentals and valuation repair support positive sentiment.

China Merchants Bank Co Ltd
600036
± MixedCapitalrelevance

Mentioned as leading in trading volume, but no specific news about the bank itself; sector-wide dividend increase and analyst view on valuation repair provide context.

Agricultural Bank of China Ltd Class A
601288
± MixedCapitalrelevance

Mentioned as leading in trading volume, but no specific news about the bank itself; sector-wide dividend increase and analyst view on valuation repair provide context.