The Huachuang Securities Research Report points out that China CITIC Bank relies on the CITIC Group, an international gene for cross-border finance. China CITIC Bank has two competitive advantages in its ability to collaborate. 1) Dimension 1: Achieve “financial collaboration” within the Group's comprehensive financial sector. Each subsidiary shares customer resources, capital flows, information platforms, etc., to provide one-stop, full-life cycle comprehensive financial services for key bank customers. After the establishment of China CITIC Financial Holdings in 2022, it co-ordinated the shares of major financial subsidiaries within the group and further strengthened its collaborative advantages; 2) Dimension 2: Financial subsidiaries within the group and achieve “industry-finance collaboration” with the four major industrial sectors, which can not only carry out business linkages, connect resources, but also work together to resolve problems that are difficult to solve when “working alone”, and explore new models of collaborative risk mitigation in production and finance. After the reshaping of the business philosophy and system, the retail business has gone through a period of making up for shortcomings. Currently, breakthroughs have been made in retail loans, retail deposits, and wealth management businesses. China CITIC Bank has a solid base of public customers. It has made a breakthrough in retail business transformation, and asset quality has gradually shed its burden. Empowered by CITIC Group's full financial license, there is still room for upward development in various businesses. It has good investment value and maintains a “recommended” rating.

The Huachuang Securities Research Report points out that China CITIC Bank relies on the CITIC Group, an international gene for cross-border finance. China CITIC Bank has two competitive advantages in its ability to collaborate. 1) Dimension 1: Achieve “financial collaboration” within the Group's comprehensive financial sector. Each subsidiary shares customer resources, capital flows, information platforms, etc., to provide one-stop, full-life cycle comprehensive financial services for key bank customers. After the establishment of China CITIC Financial Holdings in 2022, it co-ordinated the shares of major financial subsidiaries within the group and further strengthened its collaborative advantages; 2) Dimension 2: Financial subsidiaries within the group and achieve “industry-finance collaboration” with the four major industrial sectors, which can not only carry out business linkages, connect resources, but also work together to resolve problems that are difficult to solve when “working alone”, and explore new models of collaborative risk mitigation in production and finance. After the reshaping of the business philosophy and system, the retail business has gone through a period of making up for shortcomings. Currently, breakthroughs have been made in retail loans, retail deposits, and wealth management businesses. China CITIC Bank has a solid base of public customers. It has made a breakthrough in retail business transformation, and asset quality has gradually shed its burden. Empowered by CITIC Group's full financial license, there is still room for upward development in various businesses. It has good investment value and maintains a “recommended” rating.