Goldman Sachs published a research report saying that the domestic banking sector is affected by the slowdown in credit growth, and growth is still challenging, but it is expected that individual stock performance will continue to diverge in the second half of the year. Goldman Sachs predicts that the average operating profit and net profit before provision for the second quarter of the banks covered will increase by 5% and 3%, respectively. The performance of large banks is still superior to that of other banks. According to the bank, large banks are still the first choice, preferring CCB and the Bank of China, and the ratings are “buy”.

Goldman Sachs published a research report saying that the domestic banking sector is affected by the slowdown in credit growth, and growth is still challenging, but it is expected that individual stock performance will continue to diverge in the second half of the year. Goldman Sachs predicts that the average operating profit and net profit before provision for the second quarter of the banks covered will increase by 5% and 3%, respectively. The performance of large banks is still superior to that of other banks. According to the bank, large banks are still the first choice, preferring CCB and the Bank of China, and the ratings are “buy.”